This f*king stupid "economic stimulus package"

[Echo]

Ooh, they're gonna send out $600 checks to everyone in f*king June. Where do these retards come from? 99% of that money is going to go to either interest on credit card debt, or booze and weed. Are politicians in DC really this stupid?

[r464]

Are politicians in DC really this stupid?

Nope.

They are dumber than you think.

[Westy]

Ooh, they're gonna send out $600 checks to everyone in f*king June. Where do these retards come from? 99% of that money is going to go to either interest on credit card debt, or booze and weed. Are politicians in DC really this stupid?

Yes they are that stupid. At least money spent on weed wont just go directly to the Chinese.

[J-Dubs]

I know I'd just buy some bike gear

[Zark]

Yes they are that stupid. At least money spent on weed wont just go directly to the Chinese.

That'd be putting money back into the local economy here:busted:

This is still a rediculous idea though. That money would be better directed at the national debt, our underfunded schools, health care, etc.

[Westy]

Everyone should be forced to watch the Futurama tax rebate episode before cashing their checks.

I don't know if I am going to get a $600 hookerbot or 600 $1 hookerbots

Personally I am going to drink 600 cups of coffee.

[dan-o]

I'm going to use it to pay my taxes.

[Westy]

That'd be putting money back into the local economy here:busted:

This is still a rediculous idea though. That money would be better directed at the national debt, our underfunded schools, health care, etc.


But schools would just waste money by hiring teachers and buying supplies or cutting local taxes. That wouldn't help the economy at all.

Bread and Circus is what we need. They should skip the checks and just send everyone a widescreen TV and a couple cases of Bud Light.

[Echo]

The problem is nobody in congress has the balls to stand up to the predatory banks. A single mother is late on one credit card payment and all her cards get jacked up to 30.99% interest. And congress decides the best solution is to send her some money.

[binary visions]

99% of that money is going to go to either interest on credit card debt, or booze and weed.

Drunk and stoned people need munchies.

Munchies are bought locally.

Thus, it is stimulating the economy.

Geez, I thought you were smart.

[Stray_cat]

The problem is nobody in congress has the balls to stand up to the predatory banks. A single mother is late on one credit card payment and all her cards get jacked up to 30.99% interest. And congress decides the best solution is to send her some money.

Not when the banks have made themselves integral to the political process. It's all pretty sad if you think about too much. Well, I think I’ll go dig up some Utah Phillips and play it throughout the office.

I think I'll take the 600 out in 1s and wall paper my room. Either that or make paper maiche piñatas filled with nips.

[I Are Baboon]

I'll blow the money on something stupid that we don't need. I feel it's my civic duty.

[tonyhawk]

Are politicians in DC really this stupid?
Actually, they're that smart. The average American will get their $600 check and say, "Gee, those politicians are really looking out for my best interests. I'm gonna help re-elect them all."

[jimmydean]

Yes they are that stupid. At least money spent on weed wont just go directly to the Chinese.

Asian hookers and Columbian blow.

[narlus]

Yes they are that stupid. At least money spent on weed wont just go directly to the Chinese.

japanese. i plan on stimulating Canon w/ my package.

[TreeSaw]

Ooh, they're gonna send out $600 checks to everyone in f*king June. Where do these retards come from? 99% of that money is going to go to either interest on credit card debt, or booze and weed. Are politicians in DC really this stupid?

So, what are you gonna buy ;)

[Westy]

japanese. i plan on stimulating Canon w/ my package.


Wear a condom.

[LordOpie]

japanese. i plan on stimulating Canon w/ my package.

Wear protection cuz Canon's a slut. Does she know about your stimulating package?

[jimmydean]

So, what are you gonna buy ;)

He's using it to put a down payment on some spinners. He got a great intro rate with no payments for a year.

[dan-o]

He's using it to put a down payment on some spinners. He got a great intro rate with no payments for a year.

Curse those predatory Rimz shops!

[narlus]

Wear a condom.

there's a bukkake joke here somewhere, but i don't feel like taking a vacation.

[Westy]

there's a bukkake joke here somewhere, but i don't feel like taking a vacation.


You have weird vacations.

[narlus]

esp ones arranged by Echo.

[jimmydean]

Curse those predatory Rimz shops!

I pass a "rent-to-own" Wheelz shop on my morning commute, makes me laugh every time I see it.

[dan-o]

I pass a "rent-to-own" Wheelz shop on my morning commute, makes me laugh every time I see it.

While financial credit is fleeting, street cred is fo' life!

[jonKranked]

here's a novel idea... maybe if we weren't blowing half the federal budget on a Vietnam Part 2: The Middle East Chronicles, our economy wouldn't be so badly in the sh*tter.

Westy... I'm actually pretty confident that they got this idea from Futurama. I mean come one, these guys have administrative assistants that have to remind them to breathe.

[LordOpie]

Buy stock in Red Lobster and Applebees ASAP!

[jimmydean]

Buy stock in Red Lobster and Applebees ASAP!

Old English and Steel Reserve?

Or maybe:

http://www.benettontalk.com/Billydeesign.jpg

[blue]

Dumb question:

Does this plan give you an additional $600 deduction on your taxes, or gives you $600 on top of your refund when you file? I ask, as I can claim enough deductions to not pay any taxes at all this year... :D

In any case, the money will be going into savings.

[binary visions]

Does this plan give you an additional $600 deduction on your taxes, or gives you $600 on top of your refund when you file? I ask, as I can claim enough deductions to not pay any taxes at all this year... :D

Neither, it's going to be a separate check. They're specifically segregating it from this year's tax refund because they want it to be looked at as free money and spent accordingly.

[jimmydean]

Neither, it's going to be a separate check. They're specifically segregating it from this year's tax refund because they want it to be looked at as free money and spent accordingly.

Then taxed as income for next year. It's awesome.

[I Are Baboon]

We need a poll on what you're going to do with your free money.

[N8]

it's even more retarded than you think since it's giving money to people who dont pay taxes anyway.

[jimmydean]

"Tax Rebate Deal Could Mean Checks by May"

It's damn near spent already. In fact, I think I will run up a $600 CC bill now so I feel like I "earned" it by May. :thumb:

[LordOpie]

it's even more retarded than you think since it's giving money to people who dont pay taxes anyway.

The wealthy?

[Westy]

I'm going to put mine in the bank. It is really just a loan so I'm saving it for when the Chinese make the margin call.

[SPINTECK]

Old English and Steel Reserve?

Or maybe:

http://www.benettontalk.com/Billydeesign.jpg

You're very right- during recessions the value of "sin" stocks goe up.

[SPINTECK]

The wealthy?

It's more corporate welfare for the oil companies.

Gas goes to $4.00/gal, general population gets check just in time for summer travel. Goes into the tank.

[N8]

i really dont understand the theory that giving moving money from the gov to the low and middle class folks will cause a surge of spending and avert (or at least dampen) a recession.

Seems to me just a redistribution of wealth from the taxpayers to the nontaxpayers to the businesses...

Will this money really spur businesses to produce more cheap sh!t in China to sell to the WalMart shopper?

Perhaps LordoPie can help out here...

[LordOpie]

theory is the "multiplier effect".

[X3pilot]

It's more corporate welfare for the oil companies.

Gas goes to $4.00/gal, general population gets check just in time for summer travel. Goes into the tank.

After the Fed dropped rates and further weakened the dollar against the euro, oil prices went up over $2 a barrel by the speculators based on that exact theory. Extra cash by May means more travel.

Hasn't anyone in Washington heard of the saying throwing good money after bad?

My wife was glad to hear the food stamp thing got squashed after she witnessed a hillbilly up here buying a $40 cake from the bakery department of the grocery and paying with a Pa Purchase Card (food stamps.)

But, hey..give the Average more $$, they'll spend it wisely..right??

Buy Budweiser and Marlboro and Copenhagen stocks, the Daytona 500 is just weeks away...

[Westy]

i really dont understand the theory that giving moving money from the gov to the low and middle class folks will cause a surge of spending and avert (or at least dampen) a recession.

Seems to me just a redistribution of wealth from the taxpayers to the nontaxpayers to the businesses...

Will this money really spur businesses to produce more cheap sh!t in China to sell to the WalMart shopper?

Perhaps LordoPie can help out here...

Give 150 billion to everyone in the us from the government coffers. The government does not adjust their spending so they borrow more. Basically the government is just taking a $600 loan out for everyone. Ironically it is a credit crunch that can be blamed for all of this.

[N8]

theory is the "multiplier effect".

i know it kinda worked back in the 70's and then in 2000 but now?? Seems like a panic move to me on the part of the Gov.

[LordOpie]

Give 150 billion to everyone in the us from the government coffers. The government does not adjust their spending so they borrow more. Basically the government is just taking a $600 loan out for everyone. Ironically it is a credit crunch that can be blamed for all of this.

Well, theoretically, the idea is...

give $150B, it gets spent and taxed in the process, so the govt gets, what, 5% back immediately. That money continues to flow, get spent, get taxed, etc. GDP grows based on it and the stock market is happy again.

But growth doesn't pay for itself. Trickle down never works. We're in a period that has no easy answer except for readjusting thinking, but that's not gonna happen.

[LordOpie]

i know it kinda worked back in the 70's and then in 2000 but now?? Seems like a panic move to me on the part of the Gov.
Whoa! Who cleared you to express you own opinion? And one that isn't so very partisan.

:)

[N8]

Well, theoretically, the idea is...

give $150B, it gets spent and taxed in the process, so the govt gets, what, 5% back immediately. That money continues to flow, get spent, get taxed, etc. GDP grows based on it and the stock market is happy again.

But growth doesn't pay for itself. Trickle down never works. We're in a period that has no easy answer except for readjusting thinking, but that's not gonna happen.

I am very confident the economy will recover.. and be stronger than ever.

Might take 3-6 years but the US economy is an awesome machine.

[N8]

Whoa! Who cleared you to express you own opinion? And one that isn't so very partisan.

:)

i tend to be of the opinion the less gov in business's business the better.

[LordOpie]

I am very confident the economy will recover.. and be stronger than ever.

Might take 3-6 years but the US economy is an awesome machine.

I'm sure the it will recover and your time frame seems reasonable; however...

-- we're left with a much larger debt that does have to be paid back eventually.

-- the dollar's weakening means that it might be replaced as a primary global commerce instrument.

In the end, we'll be fine domestically, but our power Globally has been permanently reduced. Maybe that's a good thing? I kinda liked being #1 (in some way :))

[SPINTECK]

I'm sure the it will recover and your time frame seems reasonable; however...

-- we're left with a much larger debt that does have to be paid back eventually.

-- the dollar's weakening means that it might be replaced as a primary global commerce instrument.

In the end, we'll be fine domestically, but our power Globally has been permanently reduced. Maybe that's a good thing? I kinda liked being #1 (in some way :))


ONly if you get democratic ideology that secure jobs here and pays down the debt so less tax dollars go to interes and more go to service. Since the gov't is fixed and billary will win, I think were good for 8 year. After that (when jeb "wins"), stick your money into divident stocks, swiss franks, Raytheon stock and gold- wish someone would have told me that in 2000.

[LordOpie]

Nah, Jeb is more like his dad than his bro.
.

[N8]

I think one of the best things this nation could use is a sharp BYU business graduate as president. Those peeps are very sharp and tend to be conservative businesses peeps.

[valve bouncer]

Whoever thought this up is obviously not a real frother. A real frother would have just tossed $100 bills into the street and the people who really wanted it would have got more and the lazy and the weak would have got nothing thereby motivating them to be become better.

[Serial Midget]

Won't the this stimulus package just be credit taken against our 2009 tax refunds? I strongly suspect smoke & mirrors. :)

[narlus]

I think one of the best things this nation could use is a sharp BYU business graduate as president. Those peeps are very sharp and tend to be conservative businesses peeps.

he did such a great job governing MA.

and his favorite book is Battleship Earth.


:twitch:

[X3pilot]

Whoever thought this up is obviously not a real frother. A real frother would have just tossed $100 bills into the street and the people who really wanted it would have got more and the lazy and the weak would have got nothing thereby motivating them to be become better.

Nope, it'd have been a street fight by the fastest homeless people and the rest would get put on food stamps and welfare. Geez, this country doesn't believe in the laws of nature....c'mon!

[drkenan]

I seriously can't believe our government is writing checks in order to stimulate the economy. I've always had the suspicion that 12 year olds are in charge behind the scenes and this helps to further confirm that.

Anyone else around here listen to David Cross? He had good bits about the previous handout on both of his CDs.

[Mike B.]

Well, maybe it's going to work. Everyone in our little assembly/warehouse area is talking about how they're going to spend the money. None of them seem to grasp why this is a bad idea so I gave up.

[Westy]

Well, maybe it's going to work. Everyone in our little assembly/warehouse area is talking about how they're going to spend the money. None of them seem to grasp why this is a bad idea so I gave up.

Greed does a great job of blinding logic.

[LordOpie]

Well, maybe it's going to work. Everyone in our little assembly/warehouse area is talking about how they're going to spend the money. None of them seem to grasp why this is a bad idea so I gave up.

Don't stop them!

Let them spiral into debt while growing the economy and sustaining your standard of living.

[Echo]

-- we're left with a much larger debt that does have to be paid back eventually.
I don't think the government is ever going to pay it back, and I don't think they have any intention of paying it back.

[LordOpie]

I don't think the government is ever going to pay it back, and I don't think they have any intention of paying it back.

umm, we are always and constantly paying it back.

If you mean pay it down to nothing, agreed, we'll always have debt and in fact, that's one way to manage the value of the dollar and the number of dollars available.

[Secret Squirrel]

umm, we are always and constantly paying it back.

If you mean pay it down to nothing, agreed, we'll always have debt and in fact, that's one way to manage the value of the dollar and the number of dollars available.

I wonder if I could round fractions of a cent off of the interest of the national debt...a la Superman II (and to a lesser extent, Office Space)...I mean the amount of interest of trillions has to be able to buy at least a new helmet for this coming season...

[X3pilot]

I tried to convince my LBS today that giving me free tune ups and lattes would be tax deductible under the expanded business tax write offs!

And like the workers who pay no income tax and still get the rebate, tried my previous line about getting a rebate on a bike I'm never going to buy.

They didn't buy any of it.:disgust: