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10-11-2008, 07:39 PM
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Senior Member
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Join Date: Oct 2007
Location: SoCal
316 posts, read 217,026 times
Reputation: 54
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Good news : More tax rebates in the works!!!
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10-11-2008, 07:54 PM
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Country Girl
Status:
"Happy New Year!"
(set 4 days ago)
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Join Date: Jun 2007
Location: Metrolina
6,814 posts, read 3,266,234 times
Reputation: 9510
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Your grandchildren will thank you when they are paying for it!
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10-11-2008, 07:57 PM
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clear the way!
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Join Date: Jan 2007
1,682 posts, read 1,173,237 times
Reputation: 451
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Quote:
Originally Posted by NCN
Your grandchildren will thank you when they are paying for it!
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Exactly.
Why is this a good thing? It's just adding to our national debt. Then again, at this point what the Fook does it matter. Let's add another 100 billion just of the heck of it. |
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10-11-2008, 08:03 PM
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Senior Member
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Join Date: Feb 2008
Location: Maine
412 posts, read 318,725 times
Reputation: 326
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I skimmed the article and didn't see anything about job creation, just lots of "freebies" handed out. How would this stimulate the economy? Looks like more socialism to me.
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10-11-2008, 08:03 PM
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Senior Member
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Join Date: Jun 2008
1,849 posts, read 1,100,872 times
Reputation: 666
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Either they are going to go crazy printing money or our kids will never get under from this.
Instead of unemployment benefits, why can't we at least invest this in fixing our crumbling infrastructure and create jobs in the process? We can also have the unemployed farming and other such things. I would be glad to work at some menial job if I did not have my desk job.
Same thing for all these mortgage baileouts they are talking about. Help them but make them work for it. There is NOTHING wrong with having to work two jobs to get out of debt - let one of them be fixing up old homes for the rest of the poor.
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10-11-2008, 08:15 PM
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Senior Member
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Join Date: Oct 2007
Location: SoCal
316 posts, read 217,026 times
Reputation: 54
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Quote:
Originally Posted by baystater
Exactly.
Why is this a good thing? It's just adding to our national debt. Then again, at this point what the Fook does it matter. Let's add another 100 billion just of the heck of it.
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Article say's , It Would cost up to 150 Billion !
Goverment must be preparing for the worst?
Higher Unemployment, More people on food stamps! |
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10-11-2008, 08:34 PM
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Senior Member
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Join Date: Sep 2007
Location: Great State of Texas
11,391 posts, read 4,272,268 times
Reputation: 2317
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They are trying to spend their way out of this..create money and throw it at anything that moves.
Here's scary charts that came out for this week. Take a gander at the Monetary Base and Adjusted Reserves.
St. Louis Fed: U.S. Financial Data |
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10-11-2008, 08:38 PM
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Senior Member
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Join Date: Aug 2007
1,648 posts, read 1,057,303 times
Reputation: 601
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Oh boy, more free money!
Last time, I got my $1200 "stimulus" payment on a Friday. The following Tuesday, I got a notice from IRS that my accountant had made an error in preparing my return.
With penalty, we owed $1198!
So my wife's and my "stimulus" came to two bucks! We scraped up another dollar and half in change and went and had an ice cream cone at McDonald's.
Is this a great country or what!
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10-11-2008, 08:41 PM
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Senior Member
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Join Date: Aug 2006
1,071 posts, read 1,038,786 times
Reputation: 941
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Either canidate will add an additional 200 plus billion to the budget deficite so what the heck is just another few billion, and taxes are not going to be raised either huh, uncle sam will you read me another bed time story.
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10-11-2008, 08:46 PM
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Senior Member
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Join Date: Oct 2007
Location: SoCal
316 posts, read 217,026 times
Reputation: 54
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Quote:
Originally Posted by HappyTexan
They are trying to spend their way out of this..create money and throw it at anything that moves.
Here's scary charts that came out for this week. Take a gander at the Monetary Base and Adjusted Reserves.
St. Louis Fed: U.S. Financial Data |
WOW! Why Did I Look! SCARY! IT SPIKES STRIAGHT UP !
This Will Cause HyperInflation? |
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