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View Diary: Why are Republicans calling for more tax revenue but not higher tax rates? (81 comments)

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  •  It helps if you know this: (1+ / 0-)
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    xenothaulus

    "R. Glenn Hubbard was the man instrumental in justifying the mortgage derivatives bubble that caused the Great Recession during the George W. Bush years.  
    He served as Romney's key economic adviser and was the front-runner to be the next Treasury secretary if Romney had won.  
    Mr. Hubbard was known as the principal architect of the Bush tax cuts.  

    While pocketing millions in fees from the financial industry that he was ostensibly studying as a neutral academic, Hubbard was an enthusiastic backer of the virtues of a burgeoning unregulated capital market that sold toxic derivatives to the world."

    [I put all of that in quotation marks because it's not original but I neglected to note where I found it.]

    To stand in silence when they should be protesting makes cowards out of men. -Abraham Lincoln

    by Eyesbright on Mon Nov 19, 2012 at 12:17:43 PM PST

    [ Parent ]

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