Tax Payers

How many taxpayers are there that question whether they should continue to pay taxes in light of the irresponsibility of Congress and the Bush Administration to allow the $700 billion bailout without oversight, transparency and reporting.

How can we continue to pay taxes while we watch Paulson, Congress and Bernanke throw money at AIG, the money center banks and Wall Street without limits on how it is used. Banks get bailed out but refuse to lend money. Wall Street gets bailed out and gives billionsin bonuses to its managers who caused this economic malestrom. AIG gets bailed out and throws expensive parties for its managers and directors.

Congress is also responsible for this economic disaster for allowing banks, investment companies to operate without transparency and regulation. Congress allowed the tax code to be written to favor the wealthy. The hedge funds are an example of the this favoritism; huge fees to managers without being taxed, investors accepting huge risks, and the trading practises creating huge volatility in the stockmarkets and forcing companies stock values to decline to zero through short selling.

Our roads are falling apart, bridges collapsing, schools in shambles, and the cost of attending college out of reach. Health care is only possible for government employees or the rich; credit card companies and student loan lenders forcing people into bankruptcy due to favored legislation in favor of the companies.

Who serves in the armed services and comes home wounded, and the government cuts back on veterans benefits.

Why pay taxes to cause our own demise. Its like paying someone to shoot you.

However, Bush was elected President, twice. People accepted Sarah Palin as a viable Vice Presidential candidate, a very short step into the Presidency. How stupid can we be. So its like a vicious cycle; the general population is stupid and our elected representatives blow money on bridges and highways to nowhere while our schools fail to educate the people.

So, the government is talking about raising taxes on the middle class in order to throw billions at the wealthy; the top 1% of the wealthies people in the country. Robert Rubin; getting millions to manage Citibank, then getting billions to bailout Citibank because he failed to adequately manage Citibank.

Personally, I think this country is ripe for a major social upheval. The media always talks about China's potential problems with its huge number of poor in its population. The US is becoming seriously close to severe problems because of its trade policies, tax policies, corrupt politicians and legislation slanted to favor the big companies and the wealthiest people. The clock is ticking; perhaps Obama can correct the path on which this country has been on. There is not much time left.




Mainstreet doesn't get any benefit and we pay the taxes. Business as usual in the U.S. Its time for a real change; Get rid of Wall Street, downsize the too big to fail banks, and start paying those who provide jobs, pay salaries and pay dividiends.