latest stimulation plans

[Old Codger]

The Rethugs ideas.

Instead, House Republicans proposed a number of measures that, they say, will "turn the corner towards real economic growth," including:

# Removing legal barriers to speed up new offshore oil drilling. A law banning offshore drilling expired October 1, but Republican lawmakers say lawsuits could block new offshore rigs and want judges to quickly rule on the cases.

# Lowering taxes on income that U.S. corporations earn from their overseas subsidiaries.

# Eliminating capital gains taxes on the sale of homes up to $500,000 for a couple.

# Suspending capital gains taxes on securities purchased during the next two years.

# Extending government deposit insurance to business transaction accounts.

# Directing the government to guarantee inter-bank loans.

Looks like businASS as usual


Link for the rest of it
http://www.cnn.com/2008/POLITICS/10/13/congress.stimulus/

[dixiegrrrrl]

1. No end to their greed,is there?

:wow:

# Extending government deposit insurance to business transaction accounts.

# Directing the government to guarantee inter-bank loans.

They want gov't handouts to be "normal" for bankers, business people and rich people.

[SpiralHawk]

2. Why do republicons want to impose Godless Corporate Socialism on America?

Why do republicons HATE the free market?

[Old Codger]

3. not free

That is it, they want to cut taxes on what corps make their overseas offices,word that correctly: they want to cut taxes on the parts of their corps. that they outsourced after using US infrastructure and tax incentives to build them up.