There has been a rush among people within the up and coming Obama administration to settle upon some means of getting quickly to Main Street the money that has been accumulating in Washington for the fabled “bailout.” The most efficient means of redistribution may be found in a short piece written by Johan Goldberg for National Review On Line , NRO. “But rather than blow money on a lavish reenactment of the New Deal, or continue bailing out undeserving corporations, why not really think outside the box? Rep. Louie Gohmert (R., Texas) suggests an across-the-board reprieve on paying 2008 income taxes. This would leave an extra $1.2 trillion in the hands of Americans, who are the best stewards of their own money. Nobel Prize-winning economist Robert Mundell proposes a one-year moratorium on corporate income taxes in order to stimulate investment, job creation and the like. That wouldn’t be as popular, for understandable reasons. “The details can be negotiated, but this sort of approach wo...
go home from us in peace. We seek not your counsel or your arms. Crouch down and lick the hand that feeds you;
may your chains set lightly upon you, and may posterity forget that ye were our countrymen!"
--Samuel Adams