Thursday, May 19, 2011

Blackmailing Taxpayers

Blackmailing Taxpayers: "Blackmailing Taxpayers
Townhall.com ^ | May 19, 2011 | Cal Thomas

Posted on Thursday, May 19, 2011 8:09:22 AM by Kaslin

One of Dictionary.com's definitions of blackmail is 'to extort money from (a person) by use of threats.' Substitute 'taxpayers' for 'person' and you have what the White House and congressional Democrats are doing with the debt ceiling.

In case you weren't paying attention (and too few are) the United States officially reached the debt ceiling on Monday. Treasury Secretary Tim ('I forgot to pay my taxes') Geithner informed Congress of difficult decisions he was forced to make to keep the country solvent, which is a joke. How can a country be considered solvent when just the interest on the debt amounts to more than the entire gross national product of many countries?

Among Geithner's sleights of hand to keep America from 'defaulting' on its loans is"

No comments:

Post a Comment

Note:
The 'Reader Responses; shown on many posts/articles are almost always worthwhile reading.

Often, the comments by readers enhance the posted article greatly, and are informative and interesting.

Hopefully, all will remember to read the reader comments, and post their own as well.
Thanx
*****