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to banks and bank-holding corporations to-date? Who owns most of the stock in these institutions? Who makes (and has made for decades) millions and billions in salaries, bonus, commissions, and stock transactions?

How much 'Stimulus' money has been spent to-date? How much of that actually went to a Small Business or to a wage-earner? If we knew the actual dollars paid/promised/created via TARP and related policies, we could run the numbers. Various estimates make the ratio between 6:1 up to 25:1.

I agree with you when you write: "... Republicans, and even wealthy Democrats such as Warren Buffet in today's Wall Street Journal, are either wary of or outright opposed to incurring large national debts to stimulate current spending.  Massive debt has only one possible, long term policy solution: raising taxes on the wealthy,...". I would end your comment about there.

Lacking that degree of concision, my response is "Sounds good to me, if a bit underwhelming so far."

paul spencer

by paul spencer (spencerinthegorge AT yahoo DOT com) on Wed Aug 19th, 2009 at 08:46:29 PM EST
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