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Insanity Personified : Nancy Pelosi


Nancy Pelosi condemned the new record highs of the stock market as
"just   another example of Bush policies helping the rich get richer".
"First Bush cut taxes for the rich and the economy has rebounded with new
record low unemployment rates, which only means wealthy employers are
getting even wealthier at the expense of the underpaid working class".

She went on to say "Despite the billions of dollars being spent in Iraq
our economy is still strong and government tax revenues are at all time
highs. What this really means is that business is exploiting the war
effort and working Americans, just to put money in their own pockets".

When questioned about recent stock market highs she responded "Only the
rich   benefit from these record highs. Working Americans, welfare recipients,
the   unemployed and minorities are not sharing in these obscene record
highs".
"There is no question these windfall profits and income created by the
Bush   administration need to be taxed at 100% rate and those dollars
redistributed   to the poor and working class". "Profits from the stock market do not
reward the hard work of our working class who, by their hard work, are
responsible for generating these corporate profits that create stock
market   profits for the rich We in congress will need to address this issue to
either tax these profits or to control the stock market to prevent this
unearned income to flow to the rich."

When asked about the fact that over 80% of all Americans have
investments in mutual funds, retirement funds, 401K's, and the stock
market she replied "That may be true, but probably only 5% account for
90% of all these investment dollars. That's just more "trickle down"
economics claiming that if a corporation is successful that everyone
from the CEO to the floor sweeper benefit from higher wages and job
security which is ridiculous" "How much of this 'trickle down' ever get
to the unemployed and minorities in our   county? None, and that's the tragedy  

 of these stock market highs."

"We democrats are going to address this issue after the election when
we take control of the congress. We will return to the 60% to 80% tax
rates on the rich and we will be able to take at least 30% of all
current lower Federal Income Tax tax payers off the roles and increase
government income substantially. We need to work toward the goal of
equalizing income in our country and at the same time limiting the
amount the rich can invest."

When asked how these new tax dollars would be spent, she replied "We
need to raise the standard of living of our poor, unemployed and minorities.
For example, we have an estimated 12 million illegal immigrants in our
country who need our help along with millions of unemployed minorities. Stock
market windfall profits taxes could go a long ways to guarantee these people
the standard of living they would like to have as "Americans". " 

Send it on to your intelligent friends. I just did!!

 This is an insult to the people she supposedly represents!