Wednesday February 15, 2012

JAPAN NEWS AND DISCUSSION

Obama adviser says tax cuts will happen

World Dec. 29, 2008 - 05:52AM JST ( 4 )

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4 Comments

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adaydreamDec. 29, 2008 - 07:47AM JST

It'll happen. Unlike when george bush who said he would not attack Iraq without facts, Barack Obama will be true to his word.

I'm waiting for the tax cuts, don't expect much, but I'm more looking forward to doing away tax cuts to the rich.

I'm waiting for controls in the markets, which will make Wall Street use real money, not derivitives. < :-)
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itcher74Dec. 29, 2008 - 08:18AM JST

Obama can do whatever with taxes, he can do this to increase purchase power on the people and lower interest rates but nothing will work for the economy because US is bankrupt and nothing will stop US from deflation and a sinking Dollar. US also needs to start paying debts or pay their debts by giving ownership of companies to countries who they owe money to. The reason why US is bankrupt is because the country use more money than they can afford. And the money which they have is worthless paper. The Dollar bill is not tied to anything such as gold. The Dollar is not backed up by anything because the Dollar is only backed by the idea of something therefore Obama can do whatever he wants but it will not work.
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itcher74Dec. 29, 2008 - 01:11PM JST

The September crisis on stock market was an Illuminati plan to collapse the economy and by the middle of 2009 bring martial law into effect. Obama has already announced that there will be a currency crisis. The debate is if the Illuminati want to create a new currenvy in US, the Amero. China Bank has already bought 800bln Ameros. The Amero will be a merger of the Mexican, US and Canadian currencies. But it still woun´t work because US has debt.
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SargeDec. 31, 2008 - 09:47PM JST

"Bush administration tax cuts for the wealthy will be revoked or allowed to expire"

And, unfortunately, Bush administration tax cuts for everyone else too.