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Thursday, June 23, 2011

Little person: No one is on your side

Two articles that touch on a similar theme- taxation and businesses.

Here's article #1:   "John Bryson, President Barack Obama’s nominee for Commerce secretary, sided with Republicans in Congress, saying companies need lower taxes and that a labor complaint against Boeing Co. (BA) was “not sound.”.  (He) said today he would push as Commerce secretary to curb rules burdening companies, cut taxes and spur trade. - Bloomberg

Here's article #2:  "Treasury Secretary Timothy Geithner told the House Small Business Committee on Wed. that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”  (He) responded that the administration felt it had “no alternative” but to raise taxes on small businesses because otherwise “you have to shrink the overall size of government programs... We're not doing it because we want to do it, we're doing it because we see no alternative to a balanced approach to reduce our fiscal deficits,” said Geithner."

So what can be deduce from this?

1)  To, Bryson and many others, 'company' means Corporation

2)  To just about everyone in public office, Dem and Rep, the corporation is always more important than the small business.  The small businessman and businesswoman can go essentially 'fuck themselves'.

3)  The corporations received the bailouts and stimulus- they receive tax breaks.  The Main Street businessperson who is responsible for the Majority of US employment, is left to dangle in the wind- they must pay and pay and pay...

4)  Obama is a liberal Democrat in the same way Megan Fox is a good actress or Arnold Schwartzenegger is a loving, devoted husband-- i.e., they're not.

5)  The Entire system is rigged against the bottom 98% and the solutions will not be found at the ballot box. Your needs and wishes are not being responded to by Anyone.

6)  The US' plight is no better or different than Greece, Ireland, Portugal or Spain except we can print our own money and delay the reckoning.

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