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Your "Step 5" here is interesting. I wonder if anyone in Moscow was, in your words, "stupid" and bought "more house than they could afford," having been encouraged to do so and let the illegal boarders make up what they couldn't afford.<br><br>Put another way . . . would many of the "boarding houses" have bought five- and six-bedroom houses for their own families and not for boarder income, because if collecting income from student boarders were illegal, they wouldn't do it?<br><br>Huh.<br><br>Keely<br><br><br><br><br><br><br><blockquote><hr>From: jampot@roadrunner.com<br>To: lfalen@turbonet.com; vision2020@moscow.com<br>Date: Fri, 25 Jan 2008 13:53:03 -0800<br>Subject: Re: [Vision2020] Stimulus package<br><br>
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<div><font face="Arial" size="2">Goodness knows I'm not particularly well grounded
in economics but if it's my two cents you'll settle for, here goes.
</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 1. Forget about the Santa Claus nonsense. The
rebates are a feel good measure that will do nothing to stimulate the economy in
any meaningful way. (however, returning tax dollars to actual tax payers IS
a more reasonable action then simple welfare and pork barrel spending
as proposed by the clintocrats.)</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 2. Make the Bush tax cuts permanent. The
threat of what amounts to a looming tax hike makes many small business's uneasy
and puts a damper on job growth and capital improvements.</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 3. Reduce the corporate tax rate by a minimum
of 12 to 16% making American business's more competitive with our overseas
counterparts.</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 4. Come up with a real plan to get a handle on
entitlement spending. Privatization struck me as a good start but the ultimate
solution certainly escapes my pea sized brain.</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 5. Stop bailing out the stupid. If financial
institutions made ill advised loans or home owners took advantage of a risky
loan to buy more house then they could afford, let them suffer the consequences
of their actions. Rewarding dumb encourages more.</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 6. Make it through the upcoming elections
without putting a free spending democrat of any flavor in the White House for
what should be obvious reasons. Elect someone with at least a shred of economic
sense. Of the remaining viable candidates, Romney strikes me as the best able to
put the country back on less shaky economic footing provided he
doesn't face the same Congressional sabotage that GW did. (fat
chance)</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Step 7. (should probably be #1) Do everything
humanly possible to cut spending and reduce the size of government. Again,
obvious reasons, same skepticism.</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">Simple, aye?</font></div>
<div><font face="Arial" size="2"></font> </div>
<div><font face="Arial" size="2">g</font></div>
<div><font face="Arial" size="2">----- Original Message ----- </font>
<div><font face="Arial" size="2">From: "lfalen" <</font><a href="mailto:lfalen@turbonet.com"><font face="Arial" size="2">lfalen@turbonet.com</font></a><font face="Arial" size="2">></font></div>
<div><font face="Arial" size="2">To: <</font><a href="mailto:vision2020@moscow.com"><font face="Arial" size="2">vision2020@moscow.com</font></a><font face="Arial" size="2">></font></div>
<div><font face="Arial" size="2">Sent: Friday, January 25, 2008 11:43
AM</font></div>
<div><font face="Arial" size="2">Subject: [Vision2020] Stimulus
package</font></div></div>
<div><font face="Arial"><br><font size="2"></font></font></div><font face="Arial" size="2">>I would like to see an analysis of the Economic Stimulus Package by
those who read vision200 who are grounded in economics. I like the idea of
tax reduction, but am not impressed with the rebates.<br>> Roger<br>>
<br>>
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