By L. Randall Wray & Pavlina R. Tcherneva
(Cross posted at Huffington Post)
Everyone recalls the quip by Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes…”. By “we”, of course, she meant the likes of Mitt Romney. By little people, she meant Romney’s 47% – those not worth the bother. As President, the Mitt made clear, he will not be serving them.
NEP’s William K. Black appeared on Candid Candidates over at HuffPost Live. The topic of discussion was Romney’s off the cuff remarks and whether or not we should applaud this kind of honesty from the candidates.
The Wall Street Journal has written a revealing editorial entitled: A Fine for Doing Good: The Justice Department sues a bank for prudent lending.
The WSJ appears to have forgotten the concept of a poll tax as a means to exclude most blacks from voting. Continue reading
Click images to view details
