Stormin Mormon wrote:
I could go several different directions with that comment. However,
I'd rather have a nude king than NP as Speaker of the House.


There are those Democrats who are actively running AGAINST the President and
even against Nancy Pelosi.

But irrespective of their positions and even whether any particular Democrat
is a "Blue Dog," his or her first vote in the House of Representatives will
be for Nancy Pelosi as Speaker.

That vote, in turn, influences every susbsequent committee assignment,
chairmanships, bill submission, and vote or non-vote. Just today we see that
the House will adjourn tomorrow without voting on a budget, a tax package,
or some twenty other must-pass bills.

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Regarding taxes, assuming the Congress returns the second week in November
when there are only six weeks remaining before the Bush tax cuts expire; but
sorting out who gets to keep a tax cut and who doesn't is only the toe in
the water.

Assuming the Congress can get a bill - whatever the provisions - passed on
this matter and signed by the president in one week. That leaves roughly
five weeks before the first pay period in January.

Over 25 million firms will have to change their payroll procedures - but
they won't have the full five weeks! The IRS will have to publish new
withholding tables, allowances for dependent exemptions, capital gains
percentages, etc. Software companies (i.e. Intuit and Quickbooks) will have
to code the changes and test the modifications (remember, most state income
tax is based on the federal rate). The software companies will then have to
replicate the changes and ship the results to literally millions of their
clients. These clients, in turn, will have to install the new software
during the holiday season (Thanksgiving, Christmas, Hannukah, New Years').

Even IF the Congress merely extends the Bush tax cuts, many software
packages have the original expiration built-in, and will automatically
revert to the pre-Bush rates!

Come the first payday in January, there will be an outbreak of screaming,
stabbings and assorted mayhem as things get terribly screwed up.

People will die. Fortunately, not too many children.