$300 bucks...yippeee!!!
Comments
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what is your real solution and why do you want the government to provide one?inmytree wrote:yeah, that's it, just bitching to bitch...fuck finding real solutions...
its great to be skeptical, alternative solutions would be even better.inmytree wrote:screw skeptical thinking...
oops, seldom right and wrong again. I could care less about this situmlus package. I happen to understand whats happening in the economy and know the government cant do much, and thankfully so. if they want to give some money back to americans to try and boost consumer confidence and spending have at it.inmytree wrote:I guess you're no longer a free market fella, now it seems you rely on the gov't to solve your problems....inmytree wrote:seriously, how is 300 bucks per taxpayer really going to help...?
from the article you posted...
If a low-income household spends its tax rebate on groceries, the grocer has more money to buy an appliance, like a refrigerator. The company that sells the refrigerator has more money to pay its employees. and so on.
besides the 300 dollars per person there are also tax breaks and incentives to businesses which so failed to mentioned. this will help the business grow, hire more people, etc.
maybe now you are starting to understand but I doubt it. I'll be on the end of my seat to hear your brilliant plan.0 -
jlew24asu wrote:what is your real solution and why do you want the government to provide one?
its great to be skeptical, alternative solutions would be even better.
oops, seldom right and wrong again. I could care less about this situmlus package. I happen to understand whats happening in the economy and know the government cant do much, and thankfully so. if they want to give some money back to americans to try and boost consumer confidence and spending have at it.
from the article you posted...
If a low-income household spends its tax rebate on groceries, the grocer has more money to buy an appliance, like a refrigerator. The company that sells the refrigerator has more money to pay its employees. and so on.
besides the 300 dollars per person there are also tax breaks and incentives to businesses which so failed to mentioned. this will help the business grow, hire more people, etc.
maybe now you are starting to understand but I doubt it. I'll be on the end of my seat to hear your brilliant plan.
I say let the market correct itself...it's been over inflated, and is due for a correction...the credit issues have been created by giving those with shitty credit credit they did not earn...
and no one is talking has mentioned a real issue, energy prices...at the end of the day, people are going to fill their tank to get to and from work...3.00 a gallon gas prices have taken money out of consumers pockets...thus they don't less money to spend...
I guess my point is this, 300 bucks a person is not going to solve the problem in the long run....sure, people may by food...what about next month...? how about 6 months from now...?
my solutions...understand that energy prices have a lot to do with this issue, let those who gambled on those with poor credit go fuck themselves, and let things work themselves out...with no gov't intervention...
ps, I'm unsure why you feel you have to come off all smarmy...;)0 -
Pacomc79 wrote:if it goes to debt it gives the banks money in hand which they will lend out immediately. Stimulating the economy.
I am a free market folk. I hate this idea. I'm just trying to get to the bright side.
The problem with the economy is in stupid decisions by banks to hand out reckless loans.
KNOW THY CUSTOMER!
This is a bank bailout disguised as "Tax Relief"
there is a difference this time. the banks will lend it out more responsibly. lending rules have changed.0 -
Dumb idea. Band aid is right. Sure, you can shock it back, but for how long? It (economy) needs surgery.
How about government funded consolidation loans? People in over their heads (I hear about it every day - THE CREDIT CRUNCH) who cannot consolidate or pay their mortgages because of credit scores or rising rates (granted, lowered Tuesday). These people would be allowed to get a consolidation loan from the govt (maybe you exclude cars and homes and put something in there that you cannot even apply or have credit cards over $1000 for a certain amount of years).
This would help millions. Then, instead of paying all the credit card companies every month, that money could be pumped into the economy. I would guess thats probably 300-700 per month per household depending on how much debt you are in. Also, instead of getting a refund, it goes to paying your "loan" every year until its paid off.All that's sacred, comes from youth....dedications, naive and true.0 -
jlew24asu wrote:there is a difference this time. the banks will lend it out more responsibly. lending rules have changed.
Here's to hoping. I think it'll be corrected by late summer.My Girlfriend said to me..."How many guitars do you need?" and I replied...."How many pairs of shoes do you need?" She got really quiet.0 -
the market is correcting itself. bank stocks have lost billions in value and housing prices have and still are going down. those are the 2 main reasons for our economic problems.inmytree wrote:I say let the market correct itself...it's been over inflated, and is due for a correction...the credit issues have been created by giving those with shitty credit credit they did not earn...
oil prices are down about 13 bucks a barrel from the high. you want to talk about this being the real issue? ok now what?inmytree wrote:and no one is talking has mentioned a real issue, energy prices...at the end of the day, people are going to fill their tank to get to and from work...3.00 a gallon gas prices have taken money out of consumers pockets...thus they don't less money to spend...
not should it.inmytree wrote:I guess my point is this, 300 bucks a person is not going to solve the problem in the long run
do you have any idea how our economy works? would you lke the government to refund $500 a month indefinitely? unemployment is only at 5% which historically isnt that bad. this situmlus might produce more jobs.inmytree wrote:....sure, people may by food...what about next month...? how about 6 months from now...?
um people do understand that.inmytree wrote:my solutions...understand that energy prices have a lot to do with this issue,
this is exactly whats happening. banks have been writing down billions. meryril lynch recently reported their worst quarter in their 94 year history.inmytree wrote:let those who gambled on those with poor credit go fuck themselves, and let things work themselves out...with no gov't intervention...
dont like the taste of your own medicine? sorry.inmytree wrote:ps, I'm unsure why you feel you have to come off as a smarmy prick...0 -
jlew24asu wrote:the market is correcting itself. bank stocks have lost billions in value and housing prices have and still are going down. those are the 2 main reasons for our economic problems.
oil prices are down about 13 bucks a barrel from the high. you want to talk about this being the real issue? ok now what?
not should it.
do you have any idea how our economy works? would you lke the government to refund $500 a month indefinitely? unemployment is only at 5% which historically isnt that bad. this situmlus might produce more jobs.
um people do understand that.
this is exactly whats happening. banks have been writing down billions. meryril lynch recently reported their worst quarter in their 94 year history.
dont like the taste of your own medicine? sorry.
are you...?
he he he....mmmm, that's some tasty medicine...thanks doctor, as we all know, you're always nice and bubbly...:D
anyhoo, I've got to be honest, I have trouble responding to the chopped up posts, and the condescending tone is a bit much, too...
how about this, let's revisit this great plan in 6 months...by that time, everyone should have that fat check in there hot little hands...perhaps then we'll know if this big money truly helps...0 -
It pretty much a totally pointless situation unless you curb spending.Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")0 -
inmytree wrote:are you...?
he he he....mmmm, that's some tasty medicine...thanks doctor, as we all know, you're always nice and bubbly...:D
anyhoo, I've got to be honest, I have trouble responding to the chopped up posts, and the condescending tone is a bit much, too...
how about this, let's revisit this great plan in 6 months...by that time, everyone should have that fat check in there hot little hands...perhaps then we'll know if this big money truly helps...
this package isnt designed to do shit in 6 months. its not a recovery package, its a short-term stimulus.0 -
This just highlights the main reason this economy is going down the shitter. The whole concept of this idea is fucking stupid. Here is a tax break, dont go and invest or save it... blow it at some business, hopefuly the dip shit you gave your money to will do what he is supposed to with that money (minus taxes) and spend it, and so on and so on... dont create any wealth for you and yours... just blow this extra cash cause it will help our economy... IN SANE!
Here is a better idea... take that 100 Billion and create a program to find the next renewable energy. Provide Jobs in a "new" industry, make it something the whole country can get behind.
But no we get $300 if we are lucky and are expected to spend it.... Right Away!!10.31.93 / 10.1.94 / 6.24.95 / 11.4.95 / 10.19-20.96 / 7.16.98 / 7.21.98 / 10.31.00 /8.4.01 Nader Rally/ 10.21.01 / 12.8-9.02 / 6.01.03 / 9.1.05 / 7.15-16,18.06 / 7.20.06 / 7.22-23.06 / Lolla 070 -
Will it be $300 per individual like $600 total for my wife or $300 and if you have any kids it adds on.0
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inmytree wrote:ok, mr. sunshine...
help me understand, these big money checks, we'll have them next week...?
perhaps you can share your definition of "short-term"...
its up to congress to pass it first. from what the brainwashing media tells me is checks will be in hand by possibly April.0 -
ledvedderman wrote:Will it be $300 per individual like $600 total for my wife or $300 and if you have any kids it adds on.
double if your married. not sure about the kids.0 -
breaking news:
it's up to $600 bucks...
now we're talking...stimulate me, baby...
http://www.cnn.com/2008/POLITICS/01/24/economic.stimulus/index.html?eref=rss_topstories0 -
FUCK YEAH!!!!!!inmytree wrote:breaking news:
it's up to $600 bucks...
now we're talking...stimulate me, baby...
http://www.cnn.com/2008/POLITICS/01/24/economic.stimulus/index.html?eref=rss_topstories
$600.......
i hope my boy BUSH gets his way and it turns in to $800......Take me piece by piece.....
Till there aint nothing left worth taking away from me.....0
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