http://biz.yahoo.com/ap/080124/economy_stimulus.html "I can't say that I'm totally pleased with the package, but I do know that it will help stimulate the economy. But if it does not, then there will be more to come," Pelosi said. More free money!!!
Just keep handing out free money, im telling you lowering rates and handing out free money to try and keep the economy from going into a recession is going to create significant problems soon.
If only they could do it like that scene from Batman where the Joker is throwing it out onto the street from garbage bags.
Best quote: "Why are my tax dollars going to someone who just qualified for a $600k home loan?" Swell, both parties working together to pander for votes in an election year.
The US is turning from an economic powerhouse to a joke. First you become the worlds biggest borrower to pay for your excess consumption and now tyou are selling off your most productive assets at rock bottom prices for the same reason.
What a legacy you are leaving your children and their children. Thing isnt very different in Aus but we have always known it to a degree and hope somwhow we have enough minerals to sell.