stimulus bill...

[her209]

Originally posted by: Pyroclazm
ron paulllllllllllllllllllllll

sucks!

 

[TallBill]

Originally posted by: 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.

Your math is terrible. Even if $2 trillion is spent, that's $6700 per citizen. Granted, I'd much rather get a check for $6700 (x2) then the current bullshit going on.

 

[TruePaige]

Originally posted by: TallBill

Originally posted by: 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.

Your math is terrible. Even if $2 trillion is spent, that's $6700 per citizen. Granted, I'd much rather get a check for $6700 (x2) then the current bullshit going on.

Same. This stimulus package is shitty.

 

[Cdubneeddeal]

Originally posted by: TallBill

Originally posted by: 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.

Your math is terrible. Even if $2 trillion is spent, that's $6700 per citizen. Granted, I'd much rather get a check for $6700 (x2) then the current bullshit going on.

Your reading comprehension is terrible. Can you read "I heard". I didn't say, I calculated..

 

[ric1287]

Originally posted by: Cdubneeddeal

Originally posted by: TallBill

Originally posted by: 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.

Your math is terrible. Even if $2 trillion is spent, that's $6700 per citizen. Granted, I'd much rather get a check for $6700 (x2) then the current bullshit going on.

Your reading comprehension is terrible. Can you read "I heard". I didn't say, I calculated..

and you couldn't see that 400k x 300million+ people would be quite a large number?

 

[Cdubneeddeal]

Originally posted by: ric1287

Originally posted by: Cdubneeddeal

Originally posted by: TallBill

Originally posted by: 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.

Your math is terrible. Even if $2 trillion is spent, that's $6700 per citizen. Granted, I'd much rather get a check for $6700 (x2) then the current bullshit going on.

Your reading comprehension is terrible. Can you read "I heard". I didn't say, I calculated..

and you couldn't see that 400k x 300million+ people would be quite a large number?

Nope..didn't care. Might have been the amount of home owners or some shit..fuck..I don't know.

 

[TruePaige]

Originally posted by: ric1287

Originally posted by: Cdubneeddeal

Originally posted by: TallBill

Originally posted by: 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.

Your math is terrible. Even if $2 trillion is spent, that's $6700 per citizen. Granted, I'd much rather get a check for $6700 (x2) then the current bullshit going on.

Your reading comprehension is terrible. Can you read "I heard". I didn't say, I calculated..

and you couldn't see that 400k x 300million+ people would be quite a large number?

:laugh:

 

[SampSon]

Alkemyst talks as if the recent loosey-goosey lending practices didn't benefit imaginary loan officer career or booming construction company placement in Florida.
Silly.

 

[QueBert]

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

$8 is 7 more Deluxe Double Stacks from Wendys than I'd have otherwise. That's 3 meals for me, which is good If I was given $600 all at once I'd do something dumb like buy an i7 + MB combo and have nothing left. This way I can eat more without coming out of pocket. Seems small maybe, but in the long run it adds up.

that's 364 Deluxe Double Stacks a year, seeing how I eat a crapload of fast food this will benefit me, even if it's only slightly.

Better than nothing at all...

 

[TruePaige]

Originally posted by: QueBert

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

$8 is 7 more Deluxe Double Stacks from Wendys than I'd have otherwise. That's 3 meals for me, which is good If I was given $600 all at once I'd do something dumb like buy an i7 + MB combo and have nothing left. This way I can eat more without coming out of pocket. Seems small maybe, but in the long run it adds up.

that's 364 Deluxe Double Stacks a year, seeing how I eat a crapload of fast food this will benefit me, even if it's only slightly.

Better than nothing at all...

But with $6700 dollars I could do a whooole lote...and an i7 + MB is what they WANT you to buy, to stimulate the economy.

 

[theeedude]

You can always finance something bigger with an $8/week payment if it bothers you so much that it's not a lump sum

 

[QueBert]

Originally posted by: TruePaige

Originally posted by: QueBert

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

$8 is 7 more Deluxe Double Stacks from Wendys than I'd have otherwise. That's 3 meals for me, which is good If I was given $600 all at once I'd do something dumb like buy an i7 + MB combo and have nothing left. This way I can eat more without coming out of pocket. Seems small maybe, but in the long run it adds up.

that's 364 Deluxe Double Stacks a year, seeing how I eat a crapload of fast food this will benefit me, even if it's only slightly.

Better than nothing at all...

But with $6700 dollars I could do a whooole lote...and an i7 + MB is what they WANT you to buy, to stimulate the economy.

a one time purchase doesn't do a whole lot to stimulate the economy. Not that eating fast food does, but it would be a constant $8 a week for god knows how long. Where if I buy the i7 I won't buy PC shit again for 3 years at least. The $8 a week will add up to more than $600 on a new MB+CPU every even 2 years.

Now I'm about do my part to help stimulate the economy and go to Wendys for my 4th meal

 

[illusion88]

Originally posted by: QueBert

Originally posted by: TruePaige

Originally posted by: QueBert

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

$8 is 7 more Deluxe Double Stacks from Wendys than I'd have otherwise. That's 3 meals for me, which is good If I was given $600 all at once I'd do something dumb like buy an i7 + MB combo and have nothing left. This way I can eat more without coming out of pocket. Seems small maybe, but in the long run it adds up.

that's 364 Deluxe Double Stacks a year, seeing how I eat a crapload of fast food this will benefit me, even if it's only slightly.

Better than nothing at all...

But with $6700 dollars I could do a whooole lote...and an i7 + MB is what they WANT you to buy, to stimulate the economy.

a one time purchase doesn't do a whole lot to stimulate the economy. Not that eating fast food does, but it would be a constant $8 a week for god knows how long. Where if I buy the i7 I won't buy PC shit again for 3 years at least. The $8 a week will add up to more than $600 on a new MB+CPU every even 2 years.

Now I'm about do my part to help stimulate the economy and go to Wendys for my 4th meal

Danm thats alot of fast food. I bet your heart hates you.

 

[QueBert]

Originally posted by: illusion88

Originally posted by: QueBert

Originally posted by: TruePaige

Originally posted by: QueBert

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

$8 is 7 more Deluxe Double Stacks from Wendys than I'd have otherwise. That's 3 meals for me, which is good If I was given $600 all at once I'd do something dumb like buy an i7 + MB combo and have nothing left. This way I can eat more without coming out of pocket. Seems small maybe, but in the long run it adds up.

that's 364 Deluxe Double Stacks a year, seeing how I eat a crapload of fast food this will benefit me, even if it's only slightly.

Better than nothing at all...

But with $6700 dollars I could do a whooole lote...and an i7 + MB is what they WANT you to buy, to stimulate the economy.

a one time purchase doesn't do a whole lot to stimulate the economy. Not that eating fast food does, but it would be a constant $8 a week for god knows how long. Where if I buy the i7 I won't buy PC shit again for 3 years at least. The $8 a week will add up to more than $600 on a new MB+CPU every even 2 years.

Now I'm about do my part to help stimulate the economy and go to Wendys for my 4th meal

Danm thats alot of fast food. I bet your heart hates you.

one day it will, but for now I'm healthy as can be. Last check up I had the doctor said I passed with flying colors. With the way the economy is going, and probably will get worse and worse. I don't think I wanna live to be 90. So until I croak I'll do my part by stuffing my face with fast food - For the good of America!

 

[JoshGuru7]

Originally posted by: QueBert
$8 is 7 more Deluxe Double Stacks from Wendys than I'd have otherwise. That's 3 meals for me, which is good If I was given $600 all at once I'd do something dumb like buy an i7 + MB combo and have nothing left.

Then thank goodness that the government is going to hold onto your money for you and only dole it out in small portions that you can responsibly handle.

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.

The tax cut portion of the stimulus package isn't going to directly help the current economy but it's still a nice concession for fiscal conservatives if even a small portion of it replaces funds that were originally targetting to spending. The spending wil help the economy in the short term but at a very serious cost to long-term prosperity.

 

[alkemyst]

well in today's economy getting a .20 raise isn't abnormal...You all realize regardless though, if everyone is given $8 in the country, that $8 is not worth nothing more or less.

 

[Slapstick]

Yep, falling investments, retirement accounts wiped out the only thing left for people to count on is Social Security. Oops that's broke because the Government keeps raiding it. BTW that little extra a week you're going to be getting in the stimulus package is from a reduction in Social Security tax. :roll:

 

[Pepsei]

the way it was explained to me is that this is like a $50 raise .....

 

[Turin39789]

Originally posted by: 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.

It was supposed to be more than $8

 

[DisgruntledVirus]

Originally posted by: 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.

Yes trickle down economics works well :thumbsup:

 

[GTaudiophile]

Originally posted by: 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.

And your family will now owe some $500,000 or more in federal debt?

 

[jiggahertz]

Originally posted by: alkemyst
well in today's economy getting a .20 raise isn't abnormal...You all realize regardless though, if everyone is given $8 in the country, that $8 is not worth nothing more or less.

Of course, not everyone is getting the $8.

 

[CPA]

Originally posted by: Saga
Historically speaking, aren't we about due for a revolution?

According to Thomas Jefferson, we are.

 

[Aimster]

whats wrong with $52 extra a month? Thats the cost of my dry cleaning. Thanks

 

[SirChadwick]

My paycheck just went up $100. I'm happy.