Steele’s Economic Plan: Take Away Unemployment Benefits
OPS_admin | Dec 14, 2009 | Comments 0
Today President Obama will meet with the nation’s top bank executives in the President’s “latest push for lenders to take greater responsibility as the nation combats an economic crisis that began on Wall Street.” “The president is looking forward…[to discussing] the need to increase small business lending and the Administration’s plans for financial reform,” a White House spokesperson said.
This morning on NBC’s Today, RNC chair Michael Steele said that in order for banks to start lending to small businesses, the federal government should reduce the unemployment tax:
STEELE: Well, I think, first off, he should recognize that banks aren’t going to lend money to people who can’t pay them back. … So there’s — there’s this whole cycle of not understanding exactly how the economy works with respect to small-business owners. Take that pressure off of them. Let’s — let’s eliminate the capital gains tax. Let’s reduce the unemployment tax.
Watch it:
Full Story Think Progress » Steele’s Economic Plan: Take Away Unemployment Benefits.
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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