Eugene David<br>...The One-Minute Pundit

Posted 12:27 PM by Gene

KLO BLOWS A FUSE BECAUSE THE HOUSE'S RALPH KRAMDEN WILL RAISE UMPTEEN GAZILLION TAXES AS HEAD OF WAYS AND MEANS!!!!!!!!!!

Unfortunately, Ms. Travers, we clicked on THE LINK, and he said THIS TOO:

Rangel said his first job as chairman would be to restore bipartisan cooperation to the committee. Thomas, he said, never consulted with Democrats on the panel and many in Rangel's party may be tempted to seek revenge for years of perceived mistreatment.

``They can't afford the luxury of getting even,'' Rangel said. ``I realize politically I can't get a damn thing done unless Republicans feel politically like partners.''

As a priority, he said Republicans and Democrats need to work together to address the expanding reach of the alternative minimum tax, a parallel system designed to prevent the richest from avoiding taxes that increasingly ensnares middle-income households. Repealing the AMT would cost the government in revenue more than $1 trillion over a decade, according to a 2005 report by a presidential panel.

``We'll have to pay for it, and it's a big monster to do,'' he said. ``But it's equity. It's the fair thing to do. It's a lousy policy to make a mistake and to keep the policy because it's expensive.'' [Link added.]

And what would you do, Petericia? Maybe you ought to stick with raving movies.