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The Baucus Masterpiece
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From
09/10/2009 14:04:31
 
 
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Forum:
Politics
Category:
Other
Title:
The Baucus Masterpiece
Miscellaneous
Thread ID:
01428525
Message ID:
01428525
Views:
53
Unfortunately, I agree completely with Hoven's assessment. I believe Baucus has crafted a bill that can pass and will be a mess.
http://www.americanthinker.com/2009/10/the_baucus_masterpiece.html

In addition there are a number of carve outs for individual states that are already being inserted. By the time this gets to the floor it will loaded with enough buyoffs to pass. If not Reid has another trick planned to push it through regardless.

I sure hope the seniors out there are paying attention as they're the most likely to have the sway to block passage of this.

I already see 2010-2011 being a mess financially, this will just add more fuel to the fire.

- Option-ARM, ALT-A loan defaults and interest resets
- Tax cuts expire becoming the largest tax increase in history
- Debt driven interest pressure causing further dollar erosion & inflation
- (potential) Health insurance "penalties" and "fees" upon every single consumer as all costs are passed through
- (potential) Cap and trade "penalties" and "fees" upon every single consumer as all costs are passed through

Hope for the best, prepare for the worst.

Have a great weekend all!
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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