MORE RECENT THINKING ABOUT THE UP COMING U.S. ELECTION
I believe that it is close to certain that the Democrats will control the House of Representatives and a liberal member of their group will take over as Speaker and House Majority Leader. Consequently, I will not be surprised to see: 1. Calls for higher income taxes. 2. Legislation to create lower prices for prescription drugs. 3. Specific taxes on the corporate profits of larger companies like Exxon-Mobil and Wal-Mart. 4. More restrictive trade practices.
In 2008, the presidency is contested. As part of the Democrats desire to secure that . . .
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