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The Top Ten Reasons America is Broke

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upstatecajun Donating Member (511 posts) Send PM | Profile | Ignore Thu Mar-31-11 06:50 PM
Original message
The Top Ten Reasons America is Broke
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

See more at http://progressivetoo.com/2011/03/30/the-top-ten-reasons-america-is-broke/
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Wolf Frankula Donating Member (118 posts) Send PM | Profile | Ignore Thu Mar-31-11 07:15 PM
Response to Original message
1. Reasons missed
Ronald Wilson Reagan. (You remember, Bonzo's Co-star)
George Herbert Hoover Bush.
George Walker Bush. (Bonzo's son)
Iraq war,
Afghanistan War.
Give aways to the rich.
Star Wars (the boondoggle, not the movie)

Wolf
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chollybocker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 07:35 PM
Response to Reply #1
2. Good list.
Add: Jobs shipped overseas.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 08:47 PM
Response to Original message
3. 1-10 --- Republicans are the Problem
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