If I understand what Senators Clinton and McCain are saying, they want
to have the gas tax stopped during the summer months. It would start
on Memorial Day, May 26, through Labor Day, September 1. Remember,
Memorial Day is only a couple weeks away. Nice idea, right?

Am I wrong in thinking this would have to be approved by Congress and
President Bush? Putting aside the latter, when has Congress ever
moved that quickly?

Have any of you seen the Comcast TV turtles commercials?
http://www.youtube.com/watch?v=WLs7DSxsLog
If you've ever watched C-Span or C-Span2, you know Congress, both the
House and Senate, moves about as fast as Bill Slowsky does.

Judity

If I understand what Senators Clinton and McCain are saying, they want
to have the gas tax stopped during the summer months. It would start
on Memorial Day, May 26, through Labor Day, September 1. Remember,
Memorial Day is only a couple weeks away. Nice idea, right?

If I understand what Senators Clinton and McCain are saying, they want
to have the gas tax stopped during the summer months. It would start
on Memorial Day, May 26, through Labor Day, September 1. Remember,
Memorial Day is only a couple weeks away. Nice idea, right?

Am I wrong in thinking this would have to be approved by Congress and
President Bush? Putting aside the latter, when has Congress ever
moved that quickly?

Have any of you seen the Comcast TV turtles commercials?
http://www.youtube.com/watch?v=WLs7DSxsLog
If you've ever watched C-Span or C-Span2, you know Congress, both the
House and Senate, moves about as fast as Bill Slowsky does.

Judity

I don't think it's a nice idea at all. Plus, if the feds cannot help with
cutting interest rates any more to help the housing market, how in the
world do they expect to get a gas tax holiday under-way?
snip

We can thank people like Obama for helping to create the current mortage
crisis through the "Community Reinvestment Act.", which forced banks to
make loans to people who were poor credit risks.

I highly doubt that is the sole reason for the country's current mortgage
crisis. I know of many people, in modest houses, who made PLENTY of money
and were at no credit risk until they were the victim of lay-offs or
firing
due to outsourcing and wound up with no benefits, no income, NOTHING, who
have had their cars repossessed, their houses are in foreclosure, etc.
Those people, who have been self-sufficient their entire lives as working
members of the community, working hard to keep and maintain their credit
score are now going to be considered poor credit risks. IMO, that's one
of
the main reasons why the country is in a mortgage crisis - layoffs,
offshoring work, etc.- that and gas costs an arm and a leg, food is now
costing an arm and a leg, and the medical costs our astronomical even for
those who are fortunate enough to have insurance through their employer.
Obama isn't to blame for those - at least not all by himself.

Marsha <mas at (no spam) xeb.net> wrote in news:fvthg2$tg4$1 at (no spam) news.datemas.de:

We can thank people like Obama for helping to create the current mortage
crisis through the "Community Reinvestment Act.", which forced banks to
make loans to people who were poor credit risks.

I highly doubt that is the sole reason for the country's current mortgage
crisis. I know of many people, in modest houses, who made PLENTY of money
and were at no credit risk until they were the victim of lay-offs or
firing
due to outsourcing and wound up with no benefits, no income, NOTHING, who
have had their cars repossessed, their houses are in foreclosure, etc.
Those people, who have been self-sufficient their entire lives as working
members of the community, working hard to keep and maintain their credit
score are now going to be considered poor credit risks. IMO, that's one
of
the main reasons why the country is in a mortgage crisis - layoffs,
offshoring work, etc.- that and gas costs an arm and a leg, food is now
costing an arm and a leg, and the medical costs our astronomical even for
those who are fortunate enough to have insurance through their employer.
Obama isn't to blame for those - at least not all by himself.

Marsha <mas at (no spam) xeb.net> wrote in news:fvthg2$tg4$1 at (no spam) news.datemas.de:
We can thank people like Obama for helping to create the current mortage
crisis through the "Community Reinvestment Act.", which forced banks to
make loans to people who were poor credit risks.


I highly doubt that is the sole reason for the country's current mortgage
crisis.

I'm with you on that, Jeannie. There are a lot of aspects to the mortgage
crisis, many of which I admittedly don't understand, but I have to say that
Marsha's comment was the first time I've ever heard someone try to lay the
blame at Obama's door.

Anne V. wrote:
I'm with you on that, Jeannie. There are a lot of aspects to the
mortgage crisis, many of which I admittedly don't understand, but I have
to say that Marsha's comment was the first time I've ever heard someone
try to lay the blame at Obama's door.


Read again, Anne. No one is laying the blame solely on Obama. I said he
is part of the reason. The Community Reinvestment Act is something Obama
supported and was part of - an act that forced banks to make loans to
people who were poor credit risks, mostly minorities. Of course, the
other part of the problem is stupid people who went way in over their
heads because they had to "keep up with the Joneses" and now want to blame
someone else and want the government to bail them out. Either way, this
mess could all have been prevented with common sense, something that seems
to be sorely lacking these days.

Marsha/Ohio