Congress gone NUTS

     Anyone that understands a flat monetary system, our system, knows that most retirement funds lose real value and are not exactly what a person hopes for at the end of their work life.

     Now we have Speaker of the House Nancy Pelosi (D-CA) a Windfall Tax on Retirement Income. She wants to put a Windfall Tax on all stock market profits (including retirement funds, 401K’s and Mutual Funds. She says “We need to work toward the goal of equalizing income in our country and at the same time limiting the amount that can be invested.” 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 a standard of living they would like to have as “Americans’.”

     This nut case is the Speaker of the U. S. House of Representatives! On the same side of the aisle but in the U. S. Senate is Mary Landrieu (D-LA) she is presently asking Congress for $250 BILLION to rebuild New Orleans What does this mean? Well, if you are one of 458,674 residents of New Orleans (every man, woman and child) you each get $516,528.00. Or, If you have one of the 188,251 homes in New Orleans, your home gets $1,329,767.00. Or, If you are a family of four, your family gets $2,066,012.00.

     Where do idiots like Pelosi and Landrieu come from? We would all be better off if nutty legislative proposals were taxed to the max and they left the rest of us alone! But what is frightening is people like this are in the majority in the U. S. Congress and working America put them there!

Gene Rennels