Boy are we in trouble with Nancy Pelosi.

[coonman]

This was sent to me on my email.
Read the last paragraph even if you skip the rest ~
You aren't going to believe this.
Madam speaker Nancy Pelosi wants to put a Windfall tax on all stock market profits (including Retirement fund, 401K's and Mutual Funds) to help the 12 Million Illegal Immigrants and other unemployed Minorities!


Boy, are we in trouble... This woman is frightening. Take special note of the last paragraph. Is she really this whacked out?

Nancy Pelosi condemned the new record highs of the stock market as "just another example of Bush policies helping the rich get richer". "First Bush cut taxes for the rich and the economy has rebounded with new record low unemployment rates, which only means wealthy employers are getting even wealthier at the expense of the underpaid working class".

She went on to say "Despite the billions of dollars being spent in Iraq our economy is still strong an d government tax revenues are at all time highs What this really means is that business is exploiting the war effort and working Americ ans, just to put money in their own pockets".

When questioned about recent stock market highs she responded "Only the rich benefit from these record highs. Working Americans, welfare recipients, the unemployed and minorities are not sharing in these obscene record highs". "There is no question these windfall profits and income created by the Bush administration need to be taxed at 100% rate and those dollars redistributed to the poor and working class". "Profits from the stock market do not reward the hard work of our working class who, by their hard work, are responsible for generating these corporate profits that create stock market profits for the rich. We in congress will need to address this issue to either tax these profits or to control the stock market to prevent this unearned income t o flow to the rich."

When asked about the fact that over 80% of all Americans have investme nts in mutual funds, retirement funds, 401K's, and the stock market she replied "That may be true, but probably only 5% account for 90% of all these investment dollars. That's just more "trickle down" economics claiming that if a corporation is successful that everyone from the CEO to the floor sweeper benefit from higher wages and job security which is ridiculous". "How much of this 'trickle down' ever get to the unemployed and minorities in our county? None, and that's the tragedy of these stock market highs."

"We democrats are going to address this issue after the election when we take control of the congress. We will return to the 60% to 80% tax rates on the rich and we will be able to take at least 30% of all current lower Federal Income Tax tax payers off the roles and increase government income substantially. We need to work toward the goal of equalizing income in our country and at the same time limit ing the amount the rich can invest."

When asked how these new tax dollars would be spent, she replied ; ; "We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long ways to guarantee these people the standard of living they would like to have as "Americans"."

Send it on to your brilliant friends. I just did!!

[duck lord]

Term limits needed badly for all elected offices. Her idiotic statement proves that.

[Bankermane]

Somebody needs to splane to her that since we won't have social security by the time we retire that making money in the stock market is the most viable way to build a nest egg. Besides I'm still recovering from what I lost during the 2000-2001 dot.com bust.

[Woodduckdawg]

Again proven false by snopes.

http://www.snopes.com/politics/soapbox/pelosi.asp

[sunnylab]

do not believe everything you read....
gosh people..get a grip.

[Super Black Eagle]

I don't believe everything I read, hell I didn't even read the excerpt above.

That lady is "@#$%#" crazy. I don't want her anywhere near my money or insurance or ESOP program, etc....

Her and Hillary will run this country (what's left of it) into the ground.

[fireplug]

May not be true, but it sure sounds like something that idiot would say.

[torch]

Pelosi in italian means "Phsyco hose beast"

[Duck Nawteek]

She's freaking crazy!!!!!!!!!!!!!!!!!!!!