Comments on: President Bush’s Remarks On Economic Stimulus Rebate Checks

By: kiddo15

kiddo15 — Tue, 29 Apr 2008 03:06:09 +0000

He’s gaining popularity while not losing much. what do you think makes gas prices so high if not tax. The post is really benifiting.

By: Orthonomics

Orthonomics — Tue, 29 Apr 2008 02:50:01 +0000

AvodasChesedOutofTwn-Perhaps you were not a tax paying citizen in 2001 when checks of the same type were issued to all tax filers and gas was averaging less than a dollar seventy five?

By: knocker

knocker — Tue, 29 Apr 2008 01:46:10 +0000

#5 The oil companies did nothing wrong. Why is it their problem if speculators make the price of oil go sky high. Maybe if the government will let them dig in alaska and such places, Bec. a) there will be more supply, b) we won’t by reliant on saudi arabia anymore.

By: AvodasChesedOutofTwn

AvodasChesedOutofTwn — Mon, 28 Apr 2008 19:04:26 +0000

I try to avoid politics but I can’t help smelling a scam here. To me, this one ranks up there with the flimsy Nigerian Internet Spam Artists- are we going to take it quietly???

There is NO EXCUSE for our current gas prices. The skeptic in me sees the government (can’t be Bush alone?) trying to buy us off with “free money”- to sooth us with “rebates” of our own money really, which, of course, increases the national debt. This is the same “magical thinking” that gets folks in trouble with credit cards.

But the kicker is who REALLY gets the money- with the gas prices so cranked up, fuel at the pumps and transportation costs for our necessities such as food, will MORE that grab our whole rebates, AND, surprize!, pass them to Bush’s friends, the oil barons.

The false costs of fuel are bleeding the strength out of our economy. Ok, maybe we can manage with less optional travel, but we still need food and heat. And I am NOT a socialist; I’m a business person who believes in business responsibilities.

I think these oil companies are gonovim who need to be dealt with. Them and the quick buck artists who gave people mortgages for overpriced houses they couldn’t afford, and then sold the risky paper to the stock market.

That’s what is really wrong with the economy. A few hundred dollars each will not even make a dent in that. Heaven help us.

By: midwesterner

midwesterner — Mon, 28 Apr 2008 15:25:40 +0000

Rav Mechel: There is a technical definition of a recession. 2 consecutive quarters of negative economic growth. While times may be rough, he is perfectly justified in NOT calling it a recession.

AMD: He meant today. However, the irs.gov website has not yet been updated to reflect the new payment schedule. DD on 05/2, 5/9 or 5/16 depending on the last 2 of your SS#. I wonder what this means for that schedule.

By: Orthonomics

Orthonomics — Mon, 28 Apr 2008 15:07:22 +0000

Number 2, The Pres simply means that the rebates are to be distributed evenly, regardless of tax liability.

The couple with a $100,000 tax liability will receive the same amount as the couple with a $0 tax liability.

By: amd

amd — Mon, 28 Apr 2008 14:50:34 +0000

What does he mean by “Even if you don’t owe any income taxes you may still be eligible for a check”?
Also which Monday is he talking about? Today?

By: Rav Mechel

Rav Mechel — Mon, 28 Apr 2008 14:50:30 +0000

Why is Bush trying to be in state of denial by saying we are in an economic slowdown? We are in recession, period. When gas prices are reaching $4 a gallon, when food prices have doubled, when the housing market is shot, when millions are out of jobs thats called a recession not an economic slowdown.