STOP CALLING THEM TAX CUTS!!

                           STOP CALLING THEM TAX CUTS!!
  
            I AM SO SICK OF HEARING ABOUT TAX CUTS! THESE ARE NOT TAX CUTS! ALL OUR WONDERFUL GOVERNMENT IS VOTING ON IS WHETHER OR NOT TO LET THE CURRENT TAX RATES EXPIRE!! IF, IN FACT, THE BOZO'S IN WASHINTON DON'T GET THEIR ACT TOGETHER THAN EVERY AMERICAN, BILLIONAIRE OR MIDDLE CLASS WILL SEE THEIR TAXES GO UP!
        FROM THE YEAR 2003, WHEN THE TAX CUTS ORIGINALLY WENT INTO EFFECT, TO THE YEAR 2006 THE U.S. ECONOMY WAS DOING EXCEPTIONALLY WELL. FROM THE TIME THE DEMOCRATS TOOK OVER THE HOUSE IN 2006 SPENDING BEGAN TO SOAR. AFTERALL, THE DEMS NEVER SAW AN ENTITLEMENT PROGRAM THEY DIDN'T LIKE! MADAME PELOSI BECAME SPEAKER OF THE HOUSE IN 2007 AND IT SEEMS LIKE EVERY TIME SHE HAS OPENED HER MOUTH SINCE THAT TIME SPENDING HAS  JUMPED. THE BUSH TAX CUTS ARE NOT THE REASON THAT THE HOUSING CRISIS OCCURRED. THAT BUBBLE WAS BOUND TO BURST! IT WAS ONLY A MATTER OF TIME
           WHAT'S THAT SAYING? "WHAT GOES UP, MUST COME DOWN!" IN 1969 MY PARENTS BOUGHT A BRAND NEW 4 BEDROOM, 2 BATH HOME IN SANTEE, CALIFORNIA FOR $19,000. I REMEMBER MY PARENTS WONDERING HOW THEY WOULD EVER MAKE THE MONTHLY PAYMENT. STARTING IN THE 80'S HOUSING PRICES BEGAN TO RISE and they rose, AND ROSE, AND ROSE. BY THE YEAR 2005 THAT SAME HOUSE WAS WORTH CLOSE TO $500,000! THE STORY WAS THE SAME ALL OVER CALIFORNIA.
           THE REAL PROBLEMS BEGAN WHEN PRESIDENT CLINTON DECIDED THAT TOO MANY PEOPLE WERE BEING LEFT OUT OF THE HOUSING MARKET BECAUSE OF THE STRINGENT QUALIFICATIONS . HE FELT THAT IT WAS A FORM OF DISCRIMINATION AGAINST MINORITIES, (African-merican and Hispanics to be exact.) THAT'S WHEN A GROUP BY THE NAME OF ACORN GOT IT'S START. AT THAT POINT LENDING INSTITUTIONS WERE HELD HOSTAGE BY THIS "ONLY LOOKING OUT FOR THE LITTLE GUY" GROUP.THEY WERE BASICALLY TOLD"YOU WILL GIVE LOANS TO PRETTY MUCH ANYONE REGARDLESS OF THEIR ABILITY TO PAY!"
           MY DAUGHTER WAS WORKING FOR "WACHOVIA" WRITING LOANS RIGHT BEFORE THE HOUSING COLLAPSE. SHE WAS BEING TOLD TO JUST ACCEPT INCOME VERIFICATION BY A TELEPHONE CALL.  SOME "SUPPOSED" PHONE NUMBERS FOR PLACES OF EMPLOYMENT WERE ACTUALLY JUST PHONE NUMBERS TO RELATIVES WHO WOULD POSE AS EMPLOYERS. ONE DAY WHEN SHE DECLINED A LOAN DOC BECAUSE SHE KNEW IT WAS A BAD LOAN, HER BOSS CAME INTO HER OFFICE AND THREW THE LOAN APP AT HER AND TOLD HER TO "MAKE IT WORK!" SHE NOT ONLY REFUSED TO SIGN HER NAME TO IT BUT SHE PROMPTLY QUIT THAT VERY DAY. SHE COULD NOT, IN ALL GOOD CONSCIENCE, CONTINUE PLAYING THE GAMES AND PUSHING THE LIES UNDER THE RUG.
          MY POINT IS THAT THE "BUSH TAX CUTS" HAD NOTHING TO DO WITH TODAY'S RECESSION! THEY DID NOT CAUSE THE HOUSING CRISIS! THEY DID'T CAUSE WALL STREET TO COLLAPSE! SO PLEASE! STOP CALLING THEM "TAX CUTS!"
          AS OF DECEMBER 16TH, 2010, THE BILL TO ASSURE THAT ALL TAXES WILL REMAIN AT THE CURRENT RATE FINALLY MANAGED TO PASS BOTH THE CONGRESS AND THE SENATE!  SO FOR TWO YEARS, AT LEAST WE HAVE A REPRIEVE! WE WILL NOT BE SUBJECT TO THE OUTRAGEOUS TAX INCREASE THAT WE WERE FACING.
                                       HALLELUJAH!!!