23 September 2008

Last Week's "Dumb" is This Week's ?

last week's assertion by the Democratic Party's nominee for Vice-President, that for the wealthy, paying higher taxes should be considered a "patriotic act", was labeled "dumb" by the Republican Party's nominee for President. But this week, the Bush Administration's Treasury Secretary and the Federal Reserve's Chairman are asking Congress to fund a buyout of the financial sectors biggest mistakes.

A public debt incurred is a tax imposed. So the American people are all being asked to pay higher taxes in the future to "save" the economy from a "financial armegeddon" ?

Could that not be considered, ahem, ... a "Patriotic Act" ?