- Prison Planet.com - http://www.prisonplanet.com -
Raise Taxes and Cut Services? Why Not Stop Unneccesary Bailouts, Unnecesary Wars and Unnecessary Interest Costs Instead?
Posted By admin On March 3, 2010 @ 5:15 am In Money Watch | Comments Disabled
House majority leader Steny Hoyer – a close ally to President Obama – says the U.S. needs to raise taxes and cut spending .
As Agence France-Presse reports :
The United States must embrace a blend of tax increases and spending cuts to rein in its deficit or face a potentially crippling debt crisis like the one in Greece, a top US lawmaker warned Monday.
“It is enough to look across the Atlantic at Greece’s extreme economic crisis and understand: It can happen here. If we don’t change course, it will happen here,” said Democratic House Majority Leader Steny Hoyer…
“It seems to me that the only solution that can win the support of both parties is a balanced approach: one that cuts some spending and raises some revenue while avoiding extremes in either direction,” he said.
Of course, many others  have warned of the massive debt overhand in the U.S. as well.
But why aren’t our government “leaders” talking about slashing the military-industrial complex, which is ruining our economy with unnecessary imperial adventures ?
And why aren’t they taking away the power to create credit from the private banking giants – which is costing our economy trillions of dollars  (and is leading to a decrease in loans  to the little guy) – and give it back to the states ?
If we did these things, we wouldn’t have to raise taxes or cut core services to the American people.
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/raise-taxes-and-cut-services-why-not-stop-unneccesary-bailouts-unnecesary-wars-and-unnecessary-interest-costs-instead.html
URLs in this post:
 Washington’s Blog: http://www.washingtonsblog.com/2010/03/raise-taxes-and-cut-spending-why-not.html
 reports: http://rawstory.com/2010/03/hoyer-greek-debt-crisis/
 many others: http://www.washingtonsblog.com/2010/02/bernanke-warned-congress-on-wednesday.html
 ruining our economy with unnecessary imperial adventures: http://www.washingtonsblog.com/2010/01/military-industrial-compex-is-ruining.html
 permanent bailouts: http://www.washingtonsblog.com/2009/10/government-trying-to-create-permanent.html
 this: http://www.washingtonsblog.com/2009/12/giant-banks-and-their-congressional.html
 costing our economy trillions of dollars: http://www.washingtonsblog.com/2009/11/trillions-in-unnecessary-interest-to.html
 is leading to a decrease in loans: http://www.bloomberg.com/apps/news?pid=20601087&sid=aoYm3JlMWLkY
 give it back to the states: http://www.washingtonsblog.com/2009/07/fdr-chickened-out-of-real-economic.html
 Image: http://www.prisonplanet.tv
 Bernanke: We Must Raise Taxes and Cut Services • Sane People: No, We Need to Stop Endless Bail Outs, Imperial Adventures and Fraudulent Schemes: http://www.prisonplanet.com/bernanke-we-must-raise-taxes-and-cut-services-%e2%80%a2-sane-people-no-we-need-to-stop-endless-bail-outs-imperial-adventures-and-fraudulent-schemes.html
 House Majority Leader: Greek debt crisis ‘can happen here’: http://www.prisonplanet.com/house-majority-leader-greek-debt-crisis-%e2%80%98can-happen-here%e2%80%99.html
 Steny Hoyer: The Debt Limit ‘Is Not Real’: http://www.prisonplanet.com/steny-hoyer-the-debt-limit-%e2%80%98is-not-real%e2%80%99.html
 “Fixing” the Economy New York Times Style: Raise Taxes and Raise Taxes Even More: http://www.prisonplanet.com/fixing-the-economy-new-york-times-style-raise-taxes-and-raise-taxes-even-more.html
 Let’s Raise Taxes, Greenspan Tells CFR: http://www.prisonplanet.com/lets-raise-taxes-greenspan-tells-cfr.html
Copyright © 2013 PrisonPlanet.com. All rights reserved.