Taxes vs Dow Jones

The Dow Jones was at 13,028.16 on May 19, 2008 today its at 6,626.94. According to my calculations that's a drop of 6,401.22 or roughly 49%. I was wondering if the Gridlocking Republicans understand that their Administration brought this all on when they whine incessantly about a top income tax rate for the wealthiest Americans that would go from 35 percent to 39.6 percent for a grand total of 4.6%.

How many people saw their retirement, education for the children, their homes disintegrate this last year? Yet they cry foul and sick their hitmen like Rush Limbaugh, the Fox Network, Michael Steele, John Boehner, Cantor (the Elf) and hundreds of minions blast any plan to fix the problem. So what do they offer, TAX CUTS. But they don't care if Barack Obama already said he would lower rates for those making less that $250,000/year. The GOP wants more tax cuts for the wealthy and less government. Less Government at a time when the government is the only hope of salvaging the economy by spending on the infrastructure of this country and pumping money into job creating initiatives.

John McCain doesn't want earmarks? OK John create a list of the earmarks but tell us if they will create jobs and how many jobs does each earmark represent. What really are they for and don't tell me Salt Marsh Mice or the mating habits of the mosquito to unless you can explain why they are bad projects in an intelligent manner. If they are junk going nowhere let us decide. Also would you please tell us the party and identity of the person adding the earmark? If possible tell us why that earmark was put in the appropriation or budget. Some earmarks may actually be good, I hope you know that.

Maybe the single payer system for Health Care could be explained to us ordinary folks. Why don't you tell us all why you call a system used by most developed countries like Great Britain and France. Out health care system over the years has been falling apart:

Why doesn’t the United States have universal health care as a right of citizenship? The United States is the only industrialized nation that does not guarantee access to health care as a right of citizenship. Twenty-Eight industrialized nations have single payer universal health care systems, while 1 (Germany) has a multipayer universal health care system like President Clinton proposed for the United States.

The United States ranks 23rd in infant mortality, down from 12th in 1960 and 21st in 1990
The United States ranks 20th in life expectancy for women down from 1st in 1945 and 13th in 1960
The United States ranks 21st in life expectancy for men down from 1st in 1945 and 17th in 1960.
The United States ranks between 50th and 100th in immunizations depending on the immunization. Overall US is 67th, right behind Botswana

Don't rail on and on like Zach Wamp, the always self-assured Tennessee congressman, who on MSNBC this morning, railed against any health-care reform effort, calling it a move toward “socialism” and that Obama was engaging in almost “class warfare.”

Well, well, well I hate to tell you Zach but this country cares about its people. If you think it's socialism to help a fellow citizen perhaps it isn't "class warfare" it may just be America finding its roots and its soul.

--end rant--