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Reply #13: Rachel had a counterpoint to the tax cut for the rich corporations [View All]

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julian09 Donating Member (418 posts) Send PM | Profile | Ignore Fri Jul-08-11 03:51 PM
Response to Reply #11
13. Rachel had a counterpoint to the tax cut for the rich corporations
Too bad more people didn't see it. She had a list of very profitable companies who
brought down their employment ranks, while profits were rising and actually hiring outside the country. What people need to know is what is going on with these companies; they should report every month how many jobs are outsourced and by whom, along with their quarterly results. Tax havens in Bermuda, Cayman Islands etc should be abolished and money repatriated to US.
The Gop are dragging the debt ceiling, to cause uncertainty about the economy thus keeping people from hiring. Some will get out of the stock market soon because of the debt ceiling fight, causing more problems. Some are hoping for a buying opportunity.
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