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	Name:	Swimmer27 -
	Subject:	this shows your ignorance
	Date:	2/10/2009 9:58:15 PM

By seperating the 'housing crisis' and the 'banking crisis' you show that you do not understand the root cause of the problems we are facing. The housing crisis IS the banking crisis, to use the term crisis VERY LOOSELY. The housing crisis was brought about by dems forcing banks to make bad loans, end of story. Now the banks 'chickens are coming home to roost'. But it is really the democrats chickens, not the banks.

Less than 1% of mortgages are in distress. How does this constitute a crisis? They have authorized spending enough money to PAY OFF over 90% of ALL mortgages, but we the taxpayers may get $1000 check IF the one thinks we deserve it.

And not understanding how tax cuts stimulate the economy just shows more ignorance. You claim you have an MBA but can't understand this concept? I will type slow so maybe you can get it. The governemnt spending my money on their pet projects doesn't stumulate a thing for me, or anyone else, EXCEPT whoever get THAT contract. I can assure you I won't get any of it. I won't even qualify for a stimulus because I am single and have a job and no dependents.

Now a tax cut, THAT would stimulate me and anyone else who pays taxes. It would put MORE MONEY IN MY POCKET. The $1000 checks will get spent true enough. It will show a small blip on the retail radar for a breif moment. No business is going to expand because the owners know that it is a one time anomaly, not a sustained increase in business that he can count on month after month. Now a tax cut puts money in all pockets paycheck after paycheck. Money that will get spent. Money that will cause businesses to expand becuase not only is his business growing, but his tax liabillity is shrinking.

Where did you get that MBA?