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To: Skeeter Bug who wrote (207622)	6/19/2009 11:12:17 PM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 306849

You think the little in tax breaks that trickle down to the middle class are the Holy Grail? The child tax credit had more impact on families,a Republican conception and that is up for grabs. It has never been about the little guy. It has been about those who can more than afford that Mercedes in the driveway. What is this about the average worker owing $600,000.00 ? Stope trying to monetize a burden that never translates into specifics. The debt is carried by all and the rearrangements of capital debt expenditures by Uncle Sam leaves no doubt that history will never decifer exact dollar approximations for the average Joe. It has never happen nor will it ever happen. What we can expect is a inflationary environment that has always been nearer than far with a cause and effect relationship. It is not about finite accounting. It is about a fundamental relationship between the country,as a whole,and our economic varraints. The burden is always shared by all and inflation is the finite expectation. If they are looting the treasury they do so with an expectation that they will not be effected. What they are willing trying to do is create an inflationary environment. It will not be hyper inflation that some would have you believe. It will be a moderate inflationary village that will perform exactly the way it was designed. Payback is a bitch but the having the constructive design to control the debt obligations is far easier in a inflationary stance with fixed interest cap expenditures.

To: Skeeter Bug who wrote (207622)	6/20/2009 12:28:09 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

O's got our back He's out to protect an empty vault. ---- Obama puts critics of financial overhaul on notice By BEN FELLER, Associated Press Writer Ben Feller, Associated Press Writer Sat Jun 20, 8:41 am ET WASHINGTON – President Barack Obama said Saturday that current financial rules exploit consumers and he put critics of his proposed overhaul on notice: "While I'm not spoiling for a fight, I'm ready for one." Obama used his weekly radio and Internet address to defend his recent proposal, which is intended to prevent a repeat of the breakdown that has sent the U.S. economy reeling. But such major changes face a fight in Congress and opposition from some leaders in the banking and insurance industries. In the address, Obama focused on a consumer watchdog office that he wants to set up. "This is essential," Obama said. "For this crisis may have started on Wall Street. But its impacts have been felt by ordinary Americans who rely on credit cards, home loans and other financial instruments." The Consumer Financial Protection Agency would take over oversight of mortgages, requiring that lenders give customers the option of "plain vanilla" plans with clear and affordable terms. "It will have the power to set tough new rules so that companies compete by offering innovative products that consumers actually want and actually understand," Obama said. "Those ridiculous contracts — pages of fine print that no one can figure out — will be a thing of the past. You'll be able to compare products, with descriptions in plain language, to see what is best for you."