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I just finished a New York Times piece on Larry Summers who will be one of Obama's chief financial advisers. Even if liberals can live with someone who argues for the redistribution of wealth , as Mr. Summers does, the American people cannot.
In the article the reader is redirected to the paper's website to read how Summers was pushed out of Harvard due to sexism. Women and science controversy. The article is dated Nov 26. The section on Inequality between the middle class and wealthy is astonishing and actually terrifying. Advocating that people who earn over 1.6 million dollars give 800,000 away in 10,000 dollar increments to those of us who earn less than 120,000 thousand dollars a year is beyond centrist, it is positively left wing Socialism.
He argues that the middle class has made the least amount of gains in the last decade. I disagree. In fact I believe one of the largest voting blocks beyond the 18-25 year old was the over 100, 000 a year earners, voted for Obama. It has substantially increased over the last decade.
Where are the feminist now with this newest appointment of Larry Summers?
Couldn't we have funded a health care program twice over with what we are throwing at these combined bail outs...?
I am not a mathematician but a lot of this does not make any sense financially. Are there any Democrats who are willing to say no to Obama or Pelosi to these trillions of dollars that we are printing to throw at Citi Bank, etc. Where will they ever get the money for health care?
No I can't trust this Administration so far, I hope we can recover as a country eventually.
