Comments on: Bush Touts Tax Rebates As Cure For Economy

President Says Sagging U.S. Economy Will "Come Out Stronger Than Ever" Once Checks Arrive

[ladedalady]

Sure send me more money, it''ll go to paying my house note, gas bill and power bill.

[kaviz]

I would probably look like the guy standing behind Bush if I had to spend any time listening to him too.

[hungry1968]

"Bush Touts Tax Rebates As Cure For Economy
President Says Sagging U.S. Economy Will "Come Out Stronger Than Ever" Once Checks Arrive"






This guy is just unbelievable. He really, really believes that by saddling the country with EVEN MORE debt, that our devastated economy is just going to magically recover.

What a total failure. And people are actually going to vote for McCain for 4 more years of the EXACT same broken government?

[leftyintexas]

Doofus hasn''t been right about anything yet and this is just another example. What a fool!

[forthepeopl1]

Fielding questions after his speech, Paulson said that "innovation always precedes regulation in our economy" and suggested that oversight needed to catch up. OK PAULSON MY INNVATION IS TO BURN DOWN MY HOUSE,INSTEAD OF GIVEN IT TO THE SCUM BAGS THAT LIED ABOUT THE VALUE..

Once again Paulson defended the government''''''''s role in coming to the aid of Bear Stearns - which has been criticized by some Democrats and others as akin to a federal bailout.

AND 100 MILLION AMERICANS ARE FACEING BANKRUPY, SO WERE IS MY BAILOUT..AND WE DIDN''''''''T LIE ABOUT THE VALUE OF OUR HOMES..THEY DID,


"Bear Stearns found itself facing bankruptcy,"
Paulson said. "The Federal Reserve acted promptly to resolve the Bear Stearns situation and avoid a disorderly wind-down. It is the job of regulators to come together to address times such as this; and we did so. Our focus was the stability and orderliness of our financial markets."

Paulson said the administration will explore ways to help struggling homeowners at risk of losing their homes. But he was cool to some of the proposals put forth by Democrats on Capitol Hill, saying that "most are not yet ready for the starting gate."

In addition, he rejected the need for a "systemwide solution" to deal with homeowners who have no equity in their home. That''''''''s when one''''''''s mortgage eclipses the value of their home.

Fed Chairman Ben Bernanke recently urged lenders loans.SAYING 30 OR 40 OR EVEN 50 PERCENT REFI IS BETTER THAN A BURN DOWN HOME..

[skyk-2009]

Bush sounds so much like Hoover when the Great Depression started. Hoover kept telling American''s, "Prosperity is just around the corner". The problem? It like Bush was a LIE!

[theearthling]

It seems no one gets the connection between a government with spending out of control and in debt as a result, and the populace who are also spending recklessly and out of control

[sistatee-2009]

Of course the "tax rebate" will have to be declared as income on your ''08 return, so you''ll be taxed on it. Only in America.

[nearl4511]

YAAAWWN. ***, what a slow news day.

[nearl4511]

Frankly they can keep the rebates. I''m not spending mine nor investing it in the Stock market.