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<DIV><FONT face=Arial size=2>I am, for the most part, not a fan of
corporate bail outs either. But since your question is how is bailing out the
banking industry any less "welfare" than giving poor people money to spend on
food a reply is in order. The banking industry pays huge amounts in taxes and
employees many, many people. Poor people pay no taxes and employee no one. The
government in its bail out of selected banks is returning a small percent of the
tax money it received to the organization that has paid in significant
amounts in the past and will pay more in the future. Poor people not so much.
Banks kept open will continue to provide jobs. Poor people subsidized will only
create more poor people. An argument can also be made that a portion of the
banks problems were brought on by the government forcing them to extend credit
to a much riskier pool of borrowers in the name of "fairness." The government,
for all its faults, does not create poor people. It might encourage them to stay
that way but it generally doesn't put them there in the first
place.</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: "Andreas Schou" <</FONT><A
href="mailto:ophite@gmail.com"><FONT face=Arial
size=2>ophite@gmail.com</FONT></A><FONT face=Arial size=2>></FONT></DIV>
<DIV><FONT face=Arial size=2>To: "g. crabtree" <</FONT><A
href="mailto:jampot@roadrunner.com"><FONT face=Arial
size=2>jampot@roadrunner.com</FONT></A><FONT face=Arial size=2>></FONT></DIV>
<DIV><FONT face=Arial size=2>Cc: "lfalen" <</FONT><A
href="mailto:lfalen@turbonet.com"><FONT face=Arial
size=2>lfalen@turbonet.com</FONT></A><FONT face=Arial size=2>>; <</FONT><A
href="mailto:godshatter@yahoo.com"><FONT face=Arial
size=2>godshatter@yahoo.com</FONT></A><FONT face=Arial size=2>>; "Vision2020"
<</FONT><A href="mailto:vision2020@moscow.com"><FONT face=Arial
size=2>vision2020@moscow.com</FONT></A><FONT face=Arial size=2>>; "Tom
Hansen" <</FONT><A href="mailto:thansen@moscow.com"><FONT face=Arial
size=2>thansen@moscow.com</FONT></A><FONT face=Arial size=2>></FONT></DIV>
<DIV><FONT face=Arial size=2>Sent: Thursday, May 08, 2008 11:52 PM</FONT></DIV>
<DIV><FONT face=Arial size=2>Subject: Re: [Vision2020] rebate
checks</FONT></DIV></DIV>
<DIV><FONT face=Arial><BR><FONT size=2></FONT></FONT></DIV><FONT face=Arial
size=2>> Gary --<BR>> <BR>> Explain to me how the government bailout of
the banking industry is<BR>> any less "welfare" than giving poor people money
to spend on food?<BR>> <BR>> -- ACS<BR>> <BR>> On Thu, May 8, 2008
at 5:00 PM, g. crabtree <</FONT><A href="mailto:jampot@roadrunner.com"><FONT
face=Arial size=2>jampot@roadrunner.com</FONT></A><FONT face=Arial size=2>>
wrote:<BR>>> Far be it from me to speak for Roger but, in the case of
checks being cut<BR>>> for people who haven't paid any taxes, don't call
it a rebate as the subject<BR>>> line implies. Call it what it is. Wealth
redistribution in the form of a<BR>>> flat out gift. A handout. Welfare by
alternate means. Whether you think<BR>>> that's good or bad is immaterial,
it's not a return of hard earned<BR>>> compensation and it will do the
economy precious little good. As Roger said,<BR>>> a potentially better
tactic would have been a reduction in the tax rate,<BR>>> preferably
corporate and personal.<BR>>><BR>>> g<BR>>> ----- Original
Message -----<BR>>> From: "Tom Hansen" <</FONT><A
href="mailto:thansen@moscow.com"><FONT face=Arial
size=2>thansen@moscow.com</FONT></A><FONT face=Arial size=2>><BR>>> To:
"lfalen" <</FONT><A href="mailto:lfalen@turbonet.com"><FONT face=Arial
size=2>lfalen@turbonet.com</FONT></A><FONT face=Arial size=2>>; <</FONT><A
href="mailto:godshatter@yahoo.com"><FONT face=Arial
size=2>godshatter@yahoo.com</FONT></A><FONT face=Arial size=2>>;
"Vision2020"<BR>>> <</FONT><A href="mailto:vision2020@moscow.com"><FONT
face=Arial size=2>vision2020@moscow.com</FONT></A><FONT face=Arial
size=2>><BR>>> Sent: Thursday, May 08, 2008 12:17 PM<BR>>>
Subject: Re: [Vision2020] rebate checks<BR>>><BR>>><BR>>>>
So -<BR>>>><BR>>>> Roger Falen is suggesting that it would be
wrong for those who "never<BR>>>> payed taxes" to receive a stimulus
check?<BR>>>><BR>>>> "People that never payed taxes" are those
who are not part of any tax<BR>>>> bracket . . . the
poor.<BR>>>><BR>>>> Is this right, Mr.
Falen?<BR>>>><BR>>>> Tom Hansen<BR>>>> Moscow,
Idaho<BR>>>><BR>>>>> I don't think that they will help the
economy. It is our money that they<BR>>>> are giving
back.<BR>>>> I some cases it is givin to people that never payed taxes
to begin with.<BR>>>> In this case it<BR>>>> is a transfer of
money form those that earned to to those that did not.<BR>>>> It
would have<BR>>>> been better to have reduced taxes and saved the
administrative expense.<BR>>>>> Roger<BR>>>>>
-----Original message-----<BR>>>>> From: Paul Rumelhart </FONT><A
href="mailto:godshatter@yahoo.com"><FONT face=Arial
size=2>godshatter@yahoo.com</FONT></A><BR><FONT face=Arial
size=2>>>>> Date: Wed, 07 May 2008 19:51:21
-0700<BR>>>>> To: Vision2020 </FONT><A
href="mailto:vision2020@moscow.com"><FONT face=Arial
size=2>vision2020@moscow.com</FONT></A><BR><FONT face=Arial
size=2>>>>> Subject: [Vision2020] rebate
checks<BR>>>>><BR>>>>> > I hate to detract from the
abortion and Mexican Consulate threads but<BR>>>> I<BR>>>>>
> was just wondering what people here plan on doing with their
rebate<BR>>>> checks.<BR>>>>> ><BR>>>>> >
Do you think they are a good idea? Will it help the economy of
the<BR>>>> US?<BR>>>>> > How about our local
economy?<BR>>>>> ><BR>>>>> > Have you gotten yours
yet?<BR>>>>> ><BR>>>>> > For myself, I plan to
throw $200 of it at my line of credit at the<BR>>>>
bank<BR>>>>> > that I'm trying to pay down (it's the last debt I
have that isn't<BR>>>> backed<BR>>>>> > up with a house
or a car) and spend the rest on some stupid gadget I<BR>>>>> >
don't need, possibly a Wii. That's assuming I can find one. If not
a<BR>>>>> > Wii, then maybe a Kindle. If not a Kindle, then
I'll probably just<BR>>>> put<BR>>>>> > it in my
checking account and let it help me keep from going
negative.<BR>>>>> ><BR>>>>> >
Paul<BR>>>>> ><BR>>>>> >
=======================================================<BR>>>>>
> List services made available by First Step
Internet,<BR>>>>> > serving the communities of the Palouse
since 1994.<BR>>>>>
>
</FONT><A href="http://www.fsr.net"><FONT face=Arial
size=2>http://www.fsr.net</FONT></A><BR><FONT face=Arial size=2>>>>>
> </FONT><A
href="mailto:Vision2020@moscow.com"><FONT face=Arial
size=2>mailto:Vision2020@moscow.com</FONT></A><BR><FONT face=Arial
size=2>>>>> >
=======================================================<BR>>>>><BR>>>>>
=======================================================<BR>>>>>
List services made available by First Step Internet,<BR>>>>>
serving the communities of the Palouse since
1994.<BR>>>>>
</FONT><A href="http://www.fsr.net"><FONT face=Arial
size=2>http://www.fsr.net</FONT></A><BR><FONT face=Arial
size=2>>>>>
</FONT><A href="mailto:Vision2020@moscow.com"><FONT face=Arial
size=2>mailto:Vision2020@moscow.com</FONT></A><BR><FONT face=Arial
size=2>>>>>
=======================================================<BR>>>>><BR>>>><BR>>>><BR>>>>
"People who ridicule others while hiding behind anonymous monikers
in<BR>>>> chat-<BR>>>> room forums are neither brave nor
clever."<BR>>>><BR>>>> - Latah County Sheriff Wayne Rausch
(August 21,<BR>>>> 2007)<BR>>>><BR>>>>
---------------------------------------------<BR>>>> This message was
sent by First Step
Internet.<BR>>>>
</FONT><A href="http://www.fsr.com/"><FONT face=Arial
size=2>http://www.fsr.com/</FONT></A><BR><FONT face=Arial
size=2>>>><BR>>>><BR>>>>
=======================================================<BR>>>> List
services made available by First Step Internet,<BR>>>> serving the
communities of the Palouse since
1994.<BR>>>>
</FONT><A href="http://www.fsr.net"><FONT face=Arial
size=2>http://www.fsr.net</FONT></A><BR><FONT face=Arial
size=2>>>>
</FONT><A href="mailto:Vision2020@moscow.com"><FONT face=Arial
size=2>mailto:Vision2020@moscow.com</FONT></A><BR><FONT face=Arial
size=2>>>>
=======================================================<BR>>>><BR>>><BR>>><BR>>>
=======================================================<BR>>> List
services made available by First Step Internet,<BR>>> serving the
communities of the Palouse since
1994.<BR>>>
</FONT><A href="http://www.fsr.net"><FONT face=Arial
size=2>http://www.fsr.net</FONT></A><BR><FONT face=Arial
size=2>>> </FONT><A
href="mailto:Vision2020@moscow.com"><FONT face=Arial
size=2>mailto:Vision2020@moscow.com</FONT></A><BR><FONT face=Arial
size=2>>>
=======================================================<BR>>><BR>></FONT></BODY></HTML>