Federal taxes are higher on wages and earned income than on investments. This means that when the wealthy invest their money for the lowest risk / highest return. So, they are not starting new companies to provide goods and services because that is much riskier than conservative investment in on-going concerns and financial instruments. Hedge funds are popular because many have 30+ % annual return and the risk is perceived to still be lower than starting up a new business.

Here's a taxation system that would stimulate the economy by putting money in the pockets of those who would spend ...   more »

by Jim Hightower

I don't know about you, but I'm with George W on this one: It's time for surge!

Yes, let's surge into Iraq with another 20,000 – put 'em out there in the hot spots, sweating sniper fire, praying that the car that just pulled up doesn't explode in hellish fury, fretting that anyone (everyone!) could be a suicide bomber. I salute you, Mr. War President, for escalating America's military presence in this civil war, asking even more of our people to step up, step in, and sacrifice their jobs, time, limbs... and lives. 

The only proviso that ...   more »

“The president took us into this war recklessly. He disregarded warnings from many with great integrity and long experience in national security affairs. We are now, as a nation, held hostage to the predictable — and predicted — disarray that has followed”. — Senator Jim Webb (D-VA)