Does Anyone Have Tums On Sale This Week

aid the middle class

In press conference on Friday, Obama said that in the heart of the Democratic Party there are the banks, but the people , consisting of the middle class can no longer pay the mortgage and the unemployed. The Democrats are preparing a plan to help them with the conviction that the American economy will be able to recover. Assistance to the poor, help the middle class so everyone feels part of the same country and helping it to recover.

"We want to be close to family, who is in trouble with the mortgage, who has lost the place," Obama said .

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At the moment, there is to manage the Paulson plan which lasts two years, which will pour into the coffers of banks, savings banks and insurance $ 700 billion (500 billion euro), to guarantee the deposits and to finance private companies.
The president-elect has already surrounded by stars in view of finance in January: Jason Furman (Brookings Institution), Warren Buffett (the richest man in the world), Paul Krugman (Nobel prize) , Timothy F. Geithner (president of the Federal Reserve Bank of New York), Paul Volcker (former Fed chief, who converted to neo-protectionism in favor of a model state intervention in economy and financial speculation to the contrary).
aid but are not finished, in fact, Congress has allocated $ 25 billion for the industries of automobiles.

Speaking of taxes, Obama wants to eliminate the reforms pro-rich GW Bush, who dropped 2 times the rates for those earning more: in 2001 lowered the maximum rates for 2 from 36 to 35% and 39, 6 to 38.6% in 2003 35 to 33% and from 38.6 to 35% . Of course without lowering those who earn less than $ 165,000!
Obama instead wants to increase rates by 8 points for the super-rich and decrease 5 for the middle class and poor. This choice will bring 95% of the population to pay less tax ! So
decrease the annoying gap between middle class with more certainty in the distant past and a class of wealthy and increasingly rich and advantaged out from the real world.

Great news: Obama's staff is working to change or cancel 200 GW Bush era measures

Links:
The new team of Obama (The West)
Change Obama Clinton is branded (The West)
Obama, back on Main Street (The Republic)