KLINTON: THE GOV-MENT IS NOW YOUR SAVER (you dufus)
WASHINGTON (AP) - Democratic presidential candidate Hillary Rodham Clinton said Friday that every child born in the United States should get a $5,000 “baby bond” from the government to help pay for future costs of college or buying a home.
Clinton, her party’s front-runner in the 2008 race, made the suggestion during a forum hosted by the Congressional Black Caucus.
“I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that downpayment on their first home,” she said.
The New York senator did not offer any estimate of the total cost of such a program or how she would pay for it. Approximately 4 million babies are born each year in the United States.
Clinton said such an account program would help Americans get back to the tradition of savings that she remembers as a child, and has become harder to accomplish in the face of rising college and housing costs.
She argued that wealthy people “get to have all kinds of tax incentives to save, but most people can’t afford to do that.”
CRAWFISH NOTE: Giving? The gov-ment makes no money, its collects it. From whose paycheck is this coming? Why not let people invest 25% of their Social Security payroll deductions? Oh, the gov-ment must be the Sugar Daddy, it must always be the socialistic approach. You are a dufus. Cost? Who “cares”? We only “care” when use knuckledragging voters want any little tax relief.
What kind of secular socialist vote-buying paradise is this cowardly nutcase proposing? There is no free lunch. democrats love to create dependency and grow the gov-ment for votes. How many feds and buildings and forms will this intrusion into families take?
Hey, why not simply triple the tax deduction for kids and let families decide? Why not remove the death tax, the dividend tax and lower the income tax 5%? Socialism is as socialism does. There is no free lunch.
Posted on September 29th, 2007 by Doug Schexnayder, Ph.D.
Filed under: ECONOMIC
Sen. Hillary Clinton Buying Votes!…
Hat tip to the Drudge Report, Sen. Hillary Clinton wants to give each new born in the U.S. a gift of $5,000. There are approximately 4,000,000 babies born each year, $5,000……
[…] CRAWFISH NOTE: Giving? The gov-ment makes no money, its collects it. From whose paycheck is this coming? Why not let people invest 25% of their Social Security payroll deductions? Oh, the gov-ment must be the Sugar Daddy, it must always be the socialistic approach. You are a dufus. Cost? Who “cares”? We only “care” when use knuckledragging voters want any little tax relief. What kind of secular socialist vote-buying paradise is this cowardly nutcase proposing? There is no free lunch. democrats love to create dependency and grow the gov-ment for votes. How many feds and buildings and forms will this intrusion into families take? Hey, why not simply triple the tax deduction for kids and let families decide? Why not remove the death tax, the dividend tax and lower the income tax 5%? Socialism is as socialism does. There is no free lunch. […]