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Old 08-13-2009, 06:29 PM   #25
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Join Date: Nov 2008
Location: Champaign, IL
Posts: 355
You know, ultimately it does not matter if the president is a democrat or a republican, it is the fact that all of the programs that President Obama and this administration have rolled out have created an immense amount of debt and perpetual debt.
When I work with a client that has an immense amount of debt and their debt is growing, there are really only a couple of ways we can clean it up. 1) cut expenditures ---- 2) make more money.
The problem with this administration is that they have no intention of cutting expenditures and have promised to make more money. How might the government make more money you ask, raise taxes. Makes a person worry about the large amount of money in untaxed investment accounts (ira, 401k, ect..) or purchasing anything in the future due to unfelt taxes (alcohol tax, communication tax, tobacco tax, tax on gambling, tax on cable television, how creative can we get?)

sorry just had to vent
:dance:
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