Flight to Quality

McCain says tax policy that will stop and reverse the current tax policy that has verifiably resulted in an extreme deflationary trend will result in a capital flight to quality.

That's wrong, Joe!

That McCain questions the propriety of raising taxes on anybody in a deflationary trend that is largely caused by a reduction of the tax rate for the rich, not for Joe who gets to pay the debt it causes, indicates some extreme analytical incompetence or a fatally blind belief to validate conservative "principles" despite the verified evidence that trickle-down tax policy causes economic crisis, and has been for over 200 years!!

Joe is worried about the wrong thing.

The regressive tax policy that McCain proposes, that we have had for the last eight years, is so bad that the capital has parked in nearly no-yield treasuries, hardly a flight to quality, occassionally coming out to spike equities to sell off for a quick capital gain that needs, according to McCain, an even more favorable tax rate to prevent it from being invested in growth (what is, by definition, a reversal of the deflationary trend).

The result of neo-conservative tax policy, McCain's tax policy, is a movement of money (capital flow) that is arbitrary and capricious, causing volatility that is the opportunity for short term capital gains to support leverage finance, not economic growth for Joe.

McCain, as prospective chief executive of the neo-conservative coalition, not only wants to continue the policies that depreciates the hard-earned value of The People, but magnify it.

Why, pray tell, would anyone, Joe, outside the top one-percent of income class--what McCain says we should not talk about--vote for McCain, or any other conservative?

The hedge funds we see collapsing because they cannot cover their leverages (having borrowed money to produce profit without growth--a sure formula for long-term failure), are selling off their equities to cover the margin calls (the money borrowed). It is supposed to suggest to The People that these people, receiving a favorable tax rate for their work over The People's work, are suffering the detriment of McCain and company tax policy together. That is an outright fraud!

These hedge fund entities and their managers socked away billions and billions of The People's hard-earned value for years and years. Yes, we're in this thing together alright--they win, The People lose!

Heaven forbid if we should make hedge funds and their self-satisified managers suffer an increased tax rate! Oh my word, please don't make them suffer billions of gains even after the proposed tax increase.

Hedge funds sold off equities yesterday (the index low) and bought them back today (an index high). Despite some of the funds declaring they are shutting their doors, they're still in business causing panic and uncertainty, being paid to do it beyond The People's wildest dreams and being rewarded for making our economy a complete wreck with a favorable tax rate.

This could not be more wrong, and we are supposed to vote FOR that!

Get the cowboy capitalists and the frauds out of the marketplace by reinvesting their ambition with a tax on there gains and a favorable rate to produce economic growth that fully values the worth of Joe The People instead of fully devaluing it.

Yes! Let's have a flight to quality for a change!

It's time we invest in you, Joe, not the people that will promise you the American dream with policies and programs that will deprive you of it. It's time to fully vest The People that share your dream with the political will to provide it.

Obama/Biden '08!