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Stimulus package for economy...free money for all???
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Anonymous Coward
User ID: 351515
1/17/2008 4:40 PM
Report abusive post | Stimulus package for economy...free money for all???
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So what will the stimulus package be?
IMO we don't need a stimulus package which puts money into our pockets, we need the government to STOP TAKING THE MONEY WE ARE MAKING!!!
HOW ABOUT REDUCING PROPERTY TAXES TO 0! INSTEAD OF RAISING IT 200%!????
OUR GOVERNMENT WANTS US POOR. WHY? IDK.
BUT, IF THEY WANTED US TO HAVE MONEY, WOULDN'T THEY STOP TAKING IT?
HOW ABOUT TAKING THE TAXES OFF OF GASOLINE!??? THAT WOULD LOWER PRICES OF EVERYTHING, AND PUT MONEY IN OUR POCKETS!!!
BUT NOOOOOOO...."LET'S JUST INCREASE THE AMOUNT OF FOOD STAMPS! THAT WILL BE SPENT IMMEDIATELY"
DOH! |
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Anonymous Coward
User ID: 357172
1/17/2008 4:44 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Isn't the fed about to implement a huge gasoline tax hike?
They tried to couch it in reasonable terms, but it's just a matter of fleecing us even more.
Anyone remember how much it is going to be? |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 4:46 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Isn't the fed about to implement a huge gasoline tax hike?
They tried to couch it in reasonable terms, but it's just a matter of fleecing us even more.
Anyone remember how much it is going to be? Quoting: Anonymous Coward 357172
Yeah, they're talking out of both ends! |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 4:50 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Says stimulus must be made in next 12 months. After that, it's too late!
Associated Press
Bush, Bernanke Support Stimulus
By JEANNINE AVERSA 01.17.08, 3:04 PM ET
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WASHINGTON - President Bush and Federal Reserve Chairman Ben Bernanke on Thursday embraced calls for an economic stimulus package to avert a recession, and the president scheduled a speech for Friday to lay out his criteria for the program.
Bernanke, testifying before the House Budget Committee, said such a plan should be aimed at quickly getting cash into the hands of people, especially those with low and moderate incomes. Bush wasn't going to spell out any specifics in his remarks, but instead demand that any package be effective and temporary, said White House press secretary Dana Perino.
Perino said that Bush and congressional leaders from both parties consulted via conference call Thursday for about 30 minutes about their plans to work together on growth measures.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. |
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Anonymous Coward
User ID: 6863
1/17/2008 4:52 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Another example of throwing more money at a problem. Won't those idiots ever cut spending and get our deficit problem in order????? |
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Anonymous Coward
User ID: 17080
1/17/2008 4:57 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
www.ronpaul2008.com |
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von Doom
User ID: 315107
1/17/2008 5:00 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
But but but the economy is strong so we shouldn't need a stimulus package... |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 5:01 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
everybody BUT Bernanke thinks we're in a recession...
When is he going to wake up? |
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Anonymous Coward
User ID: 110292
1/17/2008 5:01 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Hell they will just print it up fresh ..... |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 5:02 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
What gets me is how they keep saying "nobody could see this coming"!!!
ARE THEY SERIOUS?????
NOBODY LOOKED AT THE MORTGAGE BANKING ASSOCIATION'S NUMBERS ON ARM'S?????
NOBODY????
COME ON BOYS!
THIS WAS ALL PLANNED!
PREPARE FOR A GREAT DEPRESSION FOLKS! THEY ALL SAW THIS COMING, AND SEE IT COMING, AND IT AIN'T GOING TO BE PRETTY! THIS IS ONLY THE BEGINNING!
PREPARE FOR THE NEXT GREAT DEPRESSION! |
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BULLDOZER
User ID: 313874
1/17/2008 5:12 PM
 | | Re: Stimulus package for economy...free money for all??? | Quote |
this is going to be real ugly...
BIG plans, NO money |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 5:13 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Jan. 17 (Bloomberg) -- The Bush administration is close to completing an economic-stimulus proposal that will include $800 rebates for individuals and $1,600 for households as well as tax breaks for businesses, people familiar with the plan said...
YEAH, THEN THEY'LL CHARGE YOU $800-$1600 MORE ON YOUR PROPERTY TAXES AND TAKE IT FROM YOU!
DON'T SPEND IT IF YOU GET IT! YOU'LL NEED IT FOR PROPERTY TAXES!
 |
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Anonymous Coward
User ID: 317795
1/17/2008 5:38 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Right...we already don't save enough, and have credit card and home equity debts out the wazoo, and they want us to spend more? Figures! |
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von Doom
User ID: 265993
1/17/2008 6:01 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Isn't the fed about to implement a huge gasoline tax hike?
They tried to couch it in reasonable terms, but it's just a matter of fleecing us even more.
Anyone remember how much it is going to be? Quoting: Anonymous Coward 357172
Somewhere in the realm of 12-15% |
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Anonymous Coward
User ID: 285686
1/17/2008 6:12 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
I wonder what he/they will want in return. Perhaps an RFID chip? |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 6:15 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Isn't the fed about to implement a huge gasoline tax hike?
They tried to couch it in reasonable terms, but it's just a matter of fleecing us even more.
Anyone remember how much it is going to be?
Somewhere in the realm of 12-15% Quoting: von Doom 265993
Are you serious? I hadn't heard that? |
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von Doom
User ID: 265993
1/17/2008 6:18 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Isn't the fed about to implement a huge gasoline tax hike?
They tried to couch it in reasonable terms, but it's just a matter of fleecing us even more.
Anyone remember how much it is going to be?
Somewhere in the realm of 12-15%
Are you serious? I hadn't heard that? Quoting: Anonymous Coward 351515
I am serious. approximately .40 cents on the gallon. |
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Anonymous Coward
User ID: 355357
1/17/2008 6:22 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
What gets me is how they keep saying "nobody could see this coming"!!!
ARE THEY SERIOUS?????
NOBODY LOOKED AT THE MORTGAGE BANKING ASSOCIATION'S NUMBERS ON ARM'S?????
NOBODY????
COME ON BOYS!
THIS WAS ALL PLANNED!
PREPARE FOR A GREAT DEPRESSION FOLKS! THEY ALL SAW THIS COMING, AND SEE IT COMING, AND IT AIN'T GOING TO BE PRETTY! THIS IS ONLY THE BEGINNING!
PREPARE FOR THE NEXT GREAT DEPRESSION! Quoting: Anonymous Coward 351515
i heard they have huge computers thatn can forcast the economy here in the states and worldwide , they had to of seen this coming |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 6:29 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Isn't the fed about to implement a huge gasoline tax hike?
They tried to couch it in reasonable terms, but it's just a matter of fleecing us even more.
Anyone remember how much it is going to be?
Somewhere in the realm of 12-15%
Are you serious? I hadn't heard that?
I am serious. approximately .40 cents on the gallon. Quoting: von Doom 265993
Okay, so if they give us this "tax refund" check we need to save it for the new gas tax too!
DO NOT SPEND IT PEOPLE...YOU'LL NEED IT TO PAY YOUR TAXES!
SO...
1) OUR GOVERNMENT GIVES US A "REBATE" CHECK FROM OUR TAXES
THEN
2) CHARGES US MORE ON GAS TAX?
JUST KEEP THE DAMN CHECK!
SAVE THE POSTAGE!!!!
MOOROONS! |
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von Doom
User ID: 265993
1/17/2008 6:29 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
To a certain degree there is am element of predictability, especially in a closed market system where certain variables can be controlled, altered, or ignored.
The best way to keep the population at large quiet is to create market bubbles. This ensures the rise of capital, despite monetary value being relative to currency devaluation.
Of course, the downside is that there is a finite effectiveness for such measures. |
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Anonymous Coward
User ID: 351515 (OP)
1/17/2008 6:30 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
People, I don't know how to tell you this, but our government is bankrupt!
 |
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Anonymous Coward
User ID: 330782
1/17/2008 6:31 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
A much different view on "stimulus packages for the economy" watch the video if you dare.
[link to www.larouchepac.com] |
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Anonymous Coward
User ID: 330782
1/17/2008 6:33 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
People, I don't know how to tell you this, but our government is bankrupt!
Been bankrupt since 1913... nearly. Bankrupt for almost 100 years. |
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Anonymous Coward
User ID: 302901
1/17/2008 6:50 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Jan. 17 (Bloomberg) -- The Bush administration is close to completing an economic-stimulus proposal that will include $800 rebates for individuals and $1,600 for households as well as tax breaks for businesses, people familiar with the plan said... Quoting: Anonymous Coward 351515
That will help pay off the student loan. Oh... Wait... Sorry... I'm supposed to buy shit I don't need, right? |
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Anonymous Coward
User ID: 283256
1/17/2008 6:59 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Great! More 'rebates' and of course they will have to cut taxes on the rich to 'stimulate' something- mostly boosh's ego. In the meantime war spending is at new records. Just toss some more iou's into Social Security and take the payroll taxes- after all 'we' won't be in the gov when the shit hits the fan and besides 'we' all have private full salary pensions independent of SS so fuck the little people! |
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Anonymous Coward
User ID: 271280
1/17/2008 7:02 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Back in the late 70's everyone got like $300 i think today think 1k might work.
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Anonymous Coward
User ID: 308340
1/17/2008 7:05 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
in calif we are 14 billion shot on the state buget
insted of cutting spending , they want to rais taxes
Arnold want to cut
Dems dont want to
Ron Paul 2008
one way or another |
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Anonymous Coward
User ID: 289164
1/17/2008 7:18 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Here's the scenario:
1) Bush hands out tax cuts to the super-rich
2) The tax cuts result in less money to the states
3) The States, receiving less money, must tax property and/or sales more to make up for the loss.
4) By paying more to the States in the form of property/sales taxes, the average people haven't got as much money left to spend at the store.
5) Since people have less to spend at the store, the economy suffers
So, the Government's answer is to give people a $500-$800 lump-sum 'rebate'.
This isn't going to fix the problem. The problem with the economy is directly attributable to Bush's tax cuts for the super-wealthy. It shifted the tax burden onto the middle and lower income people, which resulted in far less money for them to spend in the stores. |
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Anonymous Coward
User ID: 289164
1/17/2008 7:24 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
in calif we are 14 billion shot on the state buget
insted of cutting spending , they want to rais taxes Quoting: Anonymous Coward 308340
And here in Indiana, Bush's friend 'Mitch', our Governor, wants to raise our sales tax by 1%. He already 'leased' our toll road to a foreign company for something like 80 years, for a one-time injection of money. So when that money is spent, the revenue we had from the toll road will no longer be there for an entire generation.
Bernake made it very clear in today's hearing that poor/moderate income people are much more likely to spend any extra money they have, while the super-rich do not. And he said, in no uncertain terms, that tax cuts do not pay for themselves.
It's time to undo these tax cuts for the super-rich. |
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Anonymous Coward
User ID: 357241
1/17/2008 7:52 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
The panic is in! It will snow ball from here.
If they are even thinking of giving tax breaks to the masses then they surely must be in panic mode. |
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astrolabe
User ID: 357264
1/17/2008 7:58 PM | | Re: Stimulus package for economy...free money for all??? | Quote |
Jan. 17 (Bloomberg) -- The Bush administration is close to completing an economic-stimulus proposal that will include $800 rebates for individuals and $1,600 for households as well as tax breaks for businesses, people familiar with the plan said...
YEAH, THEN THEY'LL CHARGE YOU $800-$1600 MORE ON YOUR PROPERTY TAXES AND TAKE IT FROM YOU!
DON'T SPEND IT IF YOU GET IT! YOU'LL NEED IT FOR PROPERTY TAXES!
I just saw an AC joking somewhere, on some other thread, that "maybe this is NESARA" coming true, heh heh ~ except I thought those NESARA "packies" of free money were supposed to be for around *$15 Billion USD apiece*. Little bit of a difference, but all fiat. Wasayo |
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