Welfare Policy-VS- Restoration of Markets

-Posted by D. Worth (US) | for- M. Barbay (France)

Kevin Madden: Obama Is Not Ready To Be President

ht: hotair

Here are the facts:
"In 1980, we chose to unleash the free market through lower taxes and less regulation. And the stock market boomed, as did the economy." more.
Recovery! (And correct measure for strengthening economic sector.)

Keeping in mind, there will be a number of earnings reports out over the next few weeks... And positive reports should further calm...(lgf)
"Remember that after a dive like we just had the markets in the past 50 years have always recovered over 60 percent of the lost value within 9 months."

The Balance that MUST be achieved, would be negatively impacted by Obama wealth division techniques, VIDEO... Hitting-hard a majority of job-creators (etc.)

Instead of freezing foreclosures (an Obama suggestion)...
Hotair weighs in on McCain’s winning economic proposals
"Keeping it limited to primary residences (no investment properties) and only those homeowners who would have qualified for the mortgage under normal lending rules helps weed out the people who took unnecessary risks, while supporting those who got victimized by the government-created housing bubble." more
"McCain proposals from press release:
John McCain Proposes That Withdrawals From Tax-Preferred Accounts - IRAs And 401(k)s - Should Be Taxed At The Lowest Rate - 10 Percent - In 2008 And 2009. This policy will apply to the first $50,000 withdrawn from these accounts each year and will affect the accounts of nearly nine million Americans over the age of 60, permitting them to devote more of their income to retirement needs.

John McCain Has Called To Suspend The Tax Rules That Force Seniors To Sell Their Stocks In The Midst Of The Most Grave Financial Crisis Of Our Lifetime. Under current law, Americans with tax-preferred IRA and 401(k) accounts must begin to sell off their equities when they reach age 70½ - unless they continue to work, in which case they must sell when they retire. Forcing seniors to sell at this time guarantees less to live on during retirement and could affect over four million seniors. John McCain believes this should be immediately waived.

John McCain Will Not Penalize Those Forced To Sell Off In Today’s Tough Markets. John McCain believes that we should increase the amount of capital losses which can be used in tax years 2008 and 2009 to offset ordinary income from $3,000 to $15,000.

John McCain Will Strengthen Incentives To Save, Invest, And Restore The Liquidity Of Markets. John McCain proposes a reduction in the maximum tax rate on long term capital gains to 7.5 percent in 2009 and 2010." read more
As the Market stabilizes, it is imperative to correct those elements which have overestimated and negatively contributed to its imbalance... AND NO MORE SPENDING! Leftists want to increase (and not correct) by taxing what is trying to strengthen...

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