If they know that we know it is essentially a payday loan and that most of us won't spend it .....

Iwasthere

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Sat Jan-26-08 11:43 AM
Original message

If they know that we know it is essentially a payday loan and that most of us won't spend it .....

... they will be forced to change it. Get the word out. It is a terrible, twisted joke on the poor. A scam that most people seem to be falling for AGAIN !!!! I am amazed at how many people I know don't remember that last one in 2001 that we had to pay back in full in 2003.

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SammyWinstonJack

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Sat Jan-26-08 11:44 AM
Response to Original message

1. Why are we falling for this again? I swear, I don't get this.

:banghead:

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shraby

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Sat Jan-26-08 12:36 PM
Response to Reply #1

4. "WE" aren't.

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Sat Jan-26-08 11:55 AM
Response to Original message

2. I heard that we are supposed to pay taxes on this "Rebate" like it is income,

Edited on Sat Jan-26-08 11:57 AM by RC

instead of an advance on taxes owed. So even if we put put in a savings account, the low interest earned won't cover the tax involved.
Anyone else hear this?

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bluerum

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Sat Jan-26-08 11:58 AM
Response to Original message

3. Classic mentality of the wealthy. Throw some money at them - maybe they

will go away.

I think that the repubicons are trying to stem the tide of negative public opinion to do something to improve their chances of staying in office. But all this does is increase deficit spending. In effect they are lending us our own money - and we are going to have to pay it back with interest.

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