I just wish that the politicians would stop messing with the economy, particularly when they are unqualified flops at best with this subject. This is just a "buy your vote with borrowed money" scheme. Even their description of this payout is false and misleading.

To be called a tax rebate you must have paid taxes and this welfare is directed to the 40 percent of those taxpayers who pay no taxes at all. The benefit to the "middle class" will be to pay for this welfare in new or increased taxes because this is borrowed money and is not a surplus just laying around in Washington, D.C., in some lock box that the politicians have just discovered.

As far as I can gather this gives money to those who know how to spend beyond their means. What a concept for an economic stimulus, robbing Peter to pay Paul who has an incurable consumption ethic. Now if the politicians really want to stimulate the economy they can reduce the risk and uncertainty factor in our economy by making the tax cuts permanent and eliminating the idiotic class warfare taxation associated with the Alternative Minimum Tax (AMT) and the Death Tax.

Waiting until June for this welfare distribution will render the effectiveness of this stimulus action to the equivalent of loading a Boeing 747 with hundred dollar bills and just randomly shoving the "payload" out while crossing the U.S.

But wait. Even that would not work because McCain would insist that the craft be an Airbus product.

The current problem was brought about by the banks making too many bad loans to many unqualified buyers plus willing accomplices in Congress who were comfortable with a relaxation in the standard banking policy.

When we purchased our home every aspect of our income and accumulated assets were weighed in the qualification for a home loan. In those days, working women would have their income contribution reduced because of the aspect of pregnancy that would cause them to leave the work force plus at that time working for Boeing was not viewed as positive.

While I feel sorry for those home buyers who apparently believed that buying a house with an Adjustable or Variable rate or Interest Only basis was a sound financial plan, they should have realized that they would have to pay Paul at some future time for this recklessness. This is called personal responsibility.

Gary Kennedy

Des Moines