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Old 09-22-2008, 08:54 PM
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Quote: Originally Posted by I Missthe North View Post
Fannie Mae & Freddie Mac Failure: The Lies, the Cover Ups and the Making of a Disaster | Loan Modification & Home Loan News

I get really sick of hearing about how Democrats took all this money from Fannie Mae and Freddie Mac. The two companies spend over $170 million lobbying in Washington over the past ten years. I guarantee that money went to both sides equally.
They're not all running for President or advisors to the nominee...
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ABC'S CHARLIE GIBSON: In each instance, when the Capital Gains rate was dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

OBAMA: Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.

Last edited by The Paperboy; 09-22-2008 at 09:01 PM.
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