The Democrats should really stand their ground on this one. If the phone companies have done nothing wrong, why do they need immunity? If the have, why should they be given immunity?
The best thing that could happen to the stimulus package in the U.S. Congress would be fror it to gridlock. If any part of it is to pass, it should be the acellerated depreciation or write-off provisions. That will only postpone taxes, not cancel them. All the other ideas are inflationary and will raise the national debt, which is far too high already. The national debt IS the problem. Everything else is just a band-aid on a broken ankle. There is too much money in circulation thanks to the FED. More money will just make things worse. The financial institutions made their beds: now let them lie in them. [more]