Monday, November 24, 2008

Obama and Gun's and Roses surprising the country

Not that I think it is a bad thing but it looks like President Elect Obama is taking a second look at his proposed tax hikes.

President-elect Barack Obama may consider delaying an election promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, a senior aide and an adviser said on Sunday.

David Axelrod, one of Obama’s closest confidants chosen to be a senior White House adviser, was asked if the tax cut could be ended later than Obama called for during the campaign. “Considerations will be made,” he said on “Fox News Sunday.”

I think it is good to change your mind sometimes and this is one of them. Things have changed (although I never thought it was a good idea to increase taxes on anyone) and the economy needs more money in the hands of people willing to spend it. By letting the Bush tax cuts expire they will be doing just the opposite, I think Obama is smart enough to know when to lose a battle to win a war.

As for Gun's and Roses their much anticipated album (Its been 10 years in the making), CHINESE DEMOCRACY DEMOS 1999-2008 2 CD came out over the weekend and Dr Pepper said in March that if the album came out before year end everyone in America would get a free soda. Here is the LINK to the companies homepage to get your soda.

Good Luck and Good Currency Trading

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Anonymous Anonymous said...

Am I the only person in this country who thinks we need to *raise* taxes, then?

10:34 AM  
Blogger Banker said...

Right now I think it is best to wait before raising taxes. I do not think it would help the economy, right now.


1:33 PM  

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