Tuesday, January 29, 2008

House Passes $146 Billion Economic Aid Package

Ok, what gets me is when Speaker Nancy Pelosi got up and said they tried for more but lost it in negotiations with the whitehouse and republicans! We wonder why the Democratric congress has less approval rating than the president? The democrats in Congress, especially in the house, have no back bone! God forbid that something would actually happen to the President and VP and Pelosi would become president! She shows no backbone in congress, she wouldn't get it as President!

What is the President going to do, if they had held to their guns in support of giving Seniors and the poor a little more? Vetoed it in an election year? And even if the president did veto it, do you think that the republicans in congress would vote against such a economic stimulus package during an election year? They would have a veto over ride it!

With the house plan you have to have an earned income of at least $3000.00 to get anything! Anyone under that gets nothing! And it caps at $150,000.00, anyone over that gets nothing!

With this years cold weather and the cost of energy, they should of added low income energy assistance increase along with a social security bonus for those eligible!

What are people being told to do with this rebate if they get it? Spend it like the President would like them to? No most economist and financial planners are say they should use it to pay down credit cards, or put it in a short term savings CD to earn on! People that get this money will not be spending it for the most part, they will do as their financial advisers tell them to do!

So we would of put out $146,000,000.00 to do nothing!

If you want to stimulate the economy, give it to the poor and senors, they need cloths and shoes and food for themselves and their families, they will spend it because they would have too to survive! Not that they would survive without it, so will, but there are some that won't and in our elderly community because of lack of money to pay for heat and freeze to death this winter or died because of the heat this summer and not be able to even afford a fan!

I for one hope the senate has back bone, and I for one applaud the 10 democrats and 25 republicans in the house that voted against this package as is!

It's not that I don't want people to get a rebate, but that if it is to stimulate the economy, everyone should get something! This package just doesn't do enough to be considered! The senate should hold out and put addon's on the package for the poor and seniors! And they should hold to their guns to force the issue and if needed push for a veto override!

We want change and this package doesn't even start to look or smell like change! It is the same old same old what we are against!

If we need to do something to afford this package, lets start bring our men and women home from Iraq tomorrow! Lets not allow any of them be redeployed to Afghanistan without at least a year of home time! Lets do it right not wrong!

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