stimulus bill...

[AntiFreze]

seriously...

last check was for like $600. This time.. its not a check but a break in your taxes on a week to week basis. So you'll get like $8 more a paycheck. I'm sure that will encourage spending. WTF is all I gotta say.

I'm just gonna drinking my 10% beer and rock myself to sleep now.

 

[GenHoth]

The idea of them giving us money to spend right now is hilarious. It's all going to get saved, not spent.

 

[Blayze]

I agree the $13 a week isn't going to do anything for most people.

 

[Saga]

Historically speaking, aren't we about due for a revolution?

 

[rudeguy]

The change is here!

 

[GasX]

Originally posted by: NSFW
The change is here!

that you can believe in!

 

[jinduy]

my gut feeling is that the stimulus will do nothing over the long haul. the recession will eventually end no sooner or later with or without the stimulus.

 

[Blayze]

Originally posted by: jinduy
my gut feeling is that the stimulus will do nothing over the long haul. the recession will eventually end no sooner or later with or without the stimulus.

I'm beginning to think the same thing. Its a huge mess in my opinion.

 

[moshquerade]

You go out and you buy a pair of earrings.

 

[AntiFreze]

let the dino.....

this warrants a new thread.

 

[TehMac]

The Stimulus is just the government passing money around, with politicians getting their fingers in the dough, and the rest going to private interest groups. While a number of American generations pay off the debt of politicians squandering money on something totally unnecessary and unproductive.

Lowering taxes is a step in the right direction, but you should do more tax lowering, less passing dough around for finger dipping. People work by incentives presented directly to them, not by watching greedy pigs on the Capitol get fat off other people's misfortune.

 

[rudeguy]

Originally posted by: Blayze

Originally posted by: jinduy
my gut feeling is that the stimulus will do nothing over the long haul. the recession will eventually end no sooner or later with or without the stimulus.

I'm beginning to think the same thing. Its a huge mess in my opinion.

Its not a mess...its more smoke and mirrors. If they call it a stimulus bill, people will want it passed! Who wouldn't want to stimulate the economy? Meanwhile the bill isn't meant to help out regular folks.

 

[lokiju]

"Everyone voted for hope and change but what happens when the change makes you lose all hope?"

I don't recall where I heard that from but this seemed appropriate now.

 

[Blayze]

Originally posted by: NSFW

Originally posted by: Blayze

Originally posted by: jinduy
my gut feeling is that the stimulus will do nothing over the long haul. the recession will eventually end no sooner or later with or without the stimulus.

I'm beginning to think the same thing. Its a huge mess in my opinion.

Its not a mess...its more smoke and mirrors. If they call it a stimulus bill, people will want it passed! Who wouldn't want to stimulate the economy? Meanwhile the bill isn't meant to help out regular folks.

This is true, its not going to do anything for most.

 

[SmoochyTX]

Originally posted by: NSFW
The change is here!

Yes he can!



:laugh:

 

[MotF Bane]

Originally posted by: NSFW
The change is here!

Yep, shitloads of change.

 

[jinduy]

i wish someone in an obama press conference could ask how an extra $8/paycheck is going to help the common citizen

 

[MotF Bane]

Originally posted by: jinduy
my gut feeling is that the stimulus will do nothing over the long haul. the recession will eventually end no sooner or later with or without the stimulus.

This stimulus is probably going to make the recession longer, and when it finally subsides, the government will have even more control than before. We're fucked every which way.

 

[MotF Bane]

Originally posted by: jinduy
i wish someone in an obama press conference could ask how an extra $8/paycheck is going to help the common citizen

The reporters to ask questions of are pre-chosen. Forget seeing any really good questions. Lots of change here.

 

[rudeguy]

Originally posted by: MotF Bane

Originally posted by: jinduy
i wish someone in an obama press conference could ask how an extra $8/paycheck is going to help the common citizen

The reporters to ask questions of are pre-chosen. Forget seeing any really good questions. Lots of change here.

He is making changes! The stimulus bill has passed! He is following through on his promises!

/pukes

 

[alkemyst]

Originally posted by: GenHoth
The idea of them giving us money to spend right now is hilarious. It's all going to get saved, not spent.

Depends on your income bracket I think more than anything.

If you are poor and struggling obviously any cash would be saved.

For middle class and above they have been hording a bit due to fear of lost jobs, plummetting 401k/retirement/investments/property, etc.

If the economy is stimulated that savings will be then spent going to movies and restaurants again, taking a vacation, etc. This will all need service workers to cater to them.

Personally I feel many of the deadbeats in homes, esp. anyone that went stated income/assets that were not really sitting on $100k+ of true income/assets should be snuffed out of the system...no bail out. These people had no intentions of ever paying for their homes and simply thought they'd turn a $100k property into a million dollars.

Bailing them out will only have them cashing out and still letting the property fall.

I say target those in the middle class and above who have good ratios to income and give them breaks on interest and possibly extending term...no one can expect all the lost value to be 'covered' and that not to cause a major depreciation in real estate...however lower rates and longer terms ease the payoff of an upside down asset.

Many don't understand the concepts on this and I am seeing people actually attempting to get mortgages and stating they WILL be able to afford it once Obama bails the all the US homeowners that cannot afford their homes out.

 

[Blayze]

Originally posted by: jinduy
i wish someone in an obama press conference could ask how an extra $8/paycheck is going to help the common citizen

I wished someone would ask that question as well. To bad they want get the chance. Maybe someone will ask Obama at one of his trips he's been doing this week, or do they screen those as well?

Originally posted by: lokiju
"Everyone voted for hope and change but what happens when the change makes you lose all hope?"

QFT

 

[Cdubneeddeal]

I heard somewhere with how much money in the stimulus bill, it would give each individual roughly $400,000. If that was the case, people would be able to pay off their homes or get out of debt which would funnel more money into the banks.

 

[Pyroclazm]

ron paulllllllllllllllllllllll

 

[Epic Fail]

Originally posted by: NSFW
The change is here!

About tree fiddy of it.