My Way News - Senate Pressured to OK Stimulus Deal

My Way News - Senate Pressured to OK Stimulus Deal: "WASHINGTON (AP) - A much-anticipated deal between the White House and once-warring House leaders to speed tax rebate checks to workers starting in May has the Senate in a bind over whether to try to add to the measure." We are having some of the worst inflation in years (4.1% for 2007). The housing market (or credit in general) is problematic for 5-6% of that area, and that's because people have been receiving loans that they couldn't afford. So, to "fix" this we are going to pump in $150 billion (I'm sure that will go up another $50 billion yet) and dramatically cut interest rates. By the way, where does that $150 billion come from? Do you think they cut 1 dime from anything to make up for it? This is not hard to understand. When you have inflation the worst thing you can do is pump more money into the economy. It's fake money. It devalues our currency, which is also suffering from worldwide devaluation for several years. It will only cause more inflation. Cutting interest rates and sending out tax rebates pumps more money into the economy, thus devaluing the currency more, thus making us pay more for everything. Conservatism is on life support.