Federal-Reserve-US

Jim Wallis Hates Tax Cuts

My friend Doug Stuart sent me Jim Wallis’s response to the renewed tax cuts:

The quote that drove me nuts:

They [the bankers] are already getting richer because of our taxpayer bailout, and now we’re giving them more tax breaks and estate tax bonanzas. There is socialism in America, but it’s only for the rich. Risk has been socialized for some of the very richest people in the country, and then, the “free market” pain is distributed to all the rest.

How on earth is this man even taken seriously!?!

Good question, Doug, good question… If only the Republicans (or the Dems for that matter) would start working on massive spending cuts as well. But Wallis would probably be irate…

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