The Incumbent Protection Plan of 2008. I know an election is coming. I'm getting a check in the mail. Print more money !!!!

These people have no ideas whatsoever.

The only things they have is a puny rebate that will do nothing to the big picture and rate cuts.

What happens when the rates are so low as to prohibit future cuts - do we go negative? Will banks have to pay us to take out loans? I take out $100,000.00 will I only have to pay back $90,000.00?

YOU KNOW WHERE YOU CAN PUT YOUR PATHETIC REBATE OFFER - I CAN'T BE BOUGHT.

The money is being devalued just like Ron Paul says and soon nobody will be able to buy anything with the worthless paper.

Ron is coming out with his own economic package today and I would suggest people here at least listen because he is an economist who wrote multiple books and actually knows what he is talking about. Look for it on his website or online.

probably but there is absolutely nothing that will shore up the US economy . . . the problem is the web of those involved in the subprime crisis is world wide . . . and no one knows exactly how many other countries will face recession . . . it doesn't matter how many times the Fed cuts interest rates . . . America is crippled by the costs of an illegal war and occupation that will drag it down for a very long time . . . and all because of the neo-con economic strategy to steal the Iraqi's oil . . . and pelosi still refuses to put impeachment on the agenda . . . the Constitution and the economy are in the toilet and still it is business as usual in DC . .. the incompetence does boggle the mind . . .

Ben Bernanke is Pinocchio.

1 year from today:

buyer: how much for the candy bar?

seller: that will be 12 bucks.

The old axiom of 'let the buyer beware' does not apply in an economy that is so interdependent on itself. There is a moral imperative that must be considered in any economic stimulus package.
Ohg
http://thefiresidepost.com/2008/01/24/moral-economics/

Has anything positive or even decent come out of those elitist meetings in Davos or Aspen? ANYTHING that has been of value to the ordinary American citizen?

Fatcat Retpublican politicans and their greedy constituents just crack me up. Everything is about supplyside economics until the inevitable recessionary period; then all of a sudden they're all Keynesians and just have to get the money in the hands of those who REALLY do fuel the economy- workers and the middle class. It would be laughable if it weren't so despicable.

pelosi working hard for those hit hardest---------------------------

House Speaker Nancy Pelosi agreed to drop increases in food stamp and unemployment benefits during the Wednesday meeting in exchange for gaining a rebates of at least $300 for each person earning a paycheck, including low-income earners who make too little to pay income taxes.

The summary of George W Bush's monumental failures as pResident of The United States of America (courtesy of the Democratic Caucus)

http://www.dems.gov/index.asp?Type=B_PR&SEC={D68CD0B2-1442-4804-9F6B-AF67DE7FF585}&DE={FDD09C4F-E958-4E13-A92B-179C2FAC6FEA}&Design=PrintView

I'd like to see any loyal Bushie TRY to defend this.

Finally, if any of you sycophantic faithful followers of the failure known as Bush, find (in your mind) that the data is cherry picked, then I would dare you to make a chart that shows where and how he has been successful at *ANYTHING*... without resorting to lying.

Whatever happened to the independence of the Fed? Bernake not only seems to be trying to save the election for the Republicans, but also trying to serve the short-term interests Wall Street.

The US is drowning in debt, and Bernake is encouraging further borrowing. Slashing interest rates to nearly zero will only encourage more debt. Meanwhile, the US dollar will fall to almost worthless, triggering import-driven inflation that will inevitably trigger a large recession.

Unless Bernake and Bush start pursuing fiscal responsibility, the US economy is headed for a meltdown. It may be too late to stave off a minor recession, but the economic leaders need to start acting leaders instead of parents catering to spoiled, obese children who are crying for more candy.

Tax breaks for businesses.
Refunds for citizens.

Where's the MONEY going to come from? The government doesn't have it, they're mortgaging our great grand children's future by borrowing from China and giving the rich TAX CUTS.

The balloon is out of air. Inflation is not the worry, re-inflation to normalcy is what we need. We need to end the indentured servitude of tens of millions of american families and increase their wages dramatically to allow consumption to make up for a dearth of investment and to allow increased savings and debt take downs to provide more resources to get investment up. One way to do that is to have the Fed, Treasury and the Congress apply pressure on credit card companies and unsecured loan companies to slash their extortionate rates to better correspond with market reality and give the indentured consumer some slack. Also, we need a law to prevent inherent conflicts of interest at the top. How can a nation so dependent on oil have oilmen at the helm ?! This is a recipe for disaster. Without Bush / Cheney the federal government could easily put a solar panel on every roof in America and smash the dominance of big oil and the OPEC cartel. It might also save us from extinction as well. God forbid the indentured public did'nt have to feed the beast every month when the pointless oil / gas utility bill needs to be paid. Why are the capitalists so afraid of freeing the public ? The public won't bite. If you don't free them though, they may. We are less a democracy than a nation 'of the coporations, by the corporations, for the corporations'.

I'm Annnoyed by the use of the reference 'The Fed'- tha tis false advertising and a product of group think.
The Federal Reserve is a group of Private bankers - Started by JP MORGAN & ROCKEFLLER (1934). it was developed to cover their own asses- not ours should th ebottom fall out again becaue of their own bloated trading practices.We are not bailing Our selves out- we are bailing them out for their immoral business practices. WE PAY THEM TO PRINT OUR MONEY & HOLD OUR GOLD (not good about the acct'ing of said Gold). I think we could move th egold to another facility & hire our own printers
WE ARE HANDLING GAMBLING ADDICTS TRILLIONS OF DOLLARS A YEAR! Profit margin, Dividends, Golden Parachutes. And We can't have Health coverage for Lower & middle Class kids-
That makes for a Great Nation (sound like a 'great ' corporation)
Shock Doctine them right back- investigate ,Prosecute and Punish those who have played this deadly marketing game.