View Full Version : Stimulus plan?
speechlesstx
Jan 29, 2008, 08:57 AM
Personally, though I could use the extra cash I'm not excited about stimulating the economy by putting the government further in debt. I mean seriously, if the government wants to stimulate my spending they can just stop stealing so much of my money and for instance, trying to give it to idiots that get in over their heads with bad loans (or just plain liars), or spending $300,000 for restrooms in Ohio. Nevertheless that looks like the road about to be taken.
The Senate has unveiled their own plan which costs more, reduces the benefit to the middle class, adds a benefit to seniors - but "even the wealthiest taxpayers would be sent a rebate (http://ap.google.com/article/ALeqM5h19_YeGzwzlmJhx42iIA7nJF0_UAD8UF75K80)."
The Democratic presidential candidates have been running around the country preaching about "two Americas," helping the poor, strengthening the middle class (http://www.hillaryclinton.com/issues/middleclass/) and complaining of the widening gap between the rich and poor.
Why then do they want to extend benefits to "even the wealthiest?" I thought they didn't need it...
George_1950
Jan 29, 2008, 09:00 AM
Pandering and vote-buying, plain and simple. FDR was never so brazen; these Bozo's do it with pride.
excon
Jan 29, 2008, 09:34 AM
Hello:
Without the bozo in chief (YOUR bozo) supporting it, the bozos in congress couldn't do it.
Yeah. Bush doesn't know a whole lot about money. He never made a nickel on his own. If it don't walk and crap and have horns, he don't know about it.
excon
George_1950
Jan 29, 2008, 09:37 AM
If Bush is as bad-off as you describe him, he ain't done too badly at all. God Bless America!
Dark_crow
Jan 29, 2008, 10:08 AM
What I'm waiting to see is the “Pork”.
speechlesstx
Jan 29, 2008, 11:51 AM
At the SC debate last week Hillary said, "the president's proposed stimulus package is not adequate. It is too little too late and it doesn't give enough money to the people who are hardest hit by the increased costs in energy and everything else."
So what does the Senate want to do? Give rebates to the wealthy, lol.
George_1950
Jan 29, 2008, 12:03 PM
Well, they vote too. Most everyone has a price, and there are lots of wealthy Democrats.
George_1950
Jan 29, 2008, 12:04 PM
By the way: How did Ron Paul vote on this in the House?
speechlesstx
Jan 29, 2008, 01:28 PM
By the way: How did Ron Paul vote on this in the House?
The bill (http://thomas.loc.gov/cgi-bin/bdquery/z?d110:h.r.05140:) was referred to committee yesterday, there hasn't been a vote yet. He apparently isn't pleased (http://www.lewrockwell.com/blog/lewrw/archives/018931.html).
tomder55
Jan 29, 2008, 01:44 PM
You can't get a rebate without first giving some bate .
This stimulus package is election year pandering at it's worse. But since they have decided to play Robin Hood with my money again ;they should at least give it to those who need it. I don't need another suit from Filene's Basement but there may be someone who could use it more . If I am given a rebate I will donate it to 'Habitat for Humanity' .
I'm waiting for the details but I have heard that seniors who's only source of money is their SS check are not eligible .
I thought the part of the President's address that would do most for the economy was making the tax cuts permanent and to cut business taxes so that they are at least in line with our world wide competators .We have one of the most regressive tax schedules for businesses in the developed world . No wonder businesses move jobs out of the country .
parttime
Jan 29, 2008, 04:22 PM
By the way: How did Ron Paul vote on this in the House?
His vote was a Nay.
speechlesstx
Jan 29, 2008, 06:11 PM
His vote was a Nay.
How did he vote if it hasn't left committee? And, I already linked to his comments.
My mistake, the vote was yesterday. I'm not used to congress doing anything that quickly. :)
speechlesstx
Jan 30, 2008, 08:24 AM
parttime agrees: I know another Texan like that.
Even non-Texans make mistakes :rolleyes:
BABRAM
Jan 30, 2008, 08:35 AM
Speechlesstx - In short, the way the tax rebates work is to stiff arm the public to take a loan on their own money, no choice, only to be re-taxed on your own money. This would be a crime if you and I thought of doing such, but since it's our government that's OK. I'd stay around and chat about politics, but I've got a doctors appointment today. I'm afraid my cold is trying to turn into pneumonia and I don't want my family to catch it next.
Bobby
tomder55
Jan 30, 2008, 01:37 PM
In short, the way the tax rebates work is to stiff arm the public to take a loan on their own money, no choice, only to be re-taxed on your own money.
Bingo . I was shocked the last time when rebates were issued and they had to be declared as income .
twinkiedooter
Feb 1, 2008, 03:54 PM
It would be great if it really happened. If everyone is going to get it it makes no sense at all to give it to people who make say, over $200K a year. The rebate should be double or triple for people making less than say $30K a year but will not happen.
Why fund poor people when funding rich people is more fun. Just ask GWB he should know.
It's also an out and out bribe on GWB's part to the American public to make his image much less tarnished than it already is.
speechlesstx
Feb 1, 2008, 05:05 PM
Speechlesstx - In short, the way the tax rebates work is to stiff arm the public to take a loan on their own money, no choice, only to be re-taxed on your own money. This would be a crime if you and I thought of doing such, but since it's our government that's OK. I'd stay around and chat about politics, but I've got a doctors appointment today. I'm afraid my cold is trying to turn into pneumonia and I don't want my family to catch it next.
Good point Bobby, I had forgotten that, that sucks even more. Take care of yourself, you hear?
Steve
P.S. What do you think of Campo's return?
BABRAM
Feb 3, 2008, 04:41 PM
Good point Bobby, I had forgotten that, that sucks even more. Take care of yourself, ya hear?
Steve
P.S. What do you think of Campo's return?
Campo as a position coach is great. I welcome him back. I just wish Joe Avezzano was back as the special teams coach.
Bobby
speechlesstx
Feb 4, 2008, 07:27 AM
Campo as a position coach is great. I welcome him back. I just wish Joe Avezzano was back as the special teams coach.
No kidding, I was getting sick of the poor kick overage... doubly bad with all those short kickoffs. Now the report is we may be getting Capers and/or Gregg Williams.
excon
Feb 4, 2008, 07:54 AM
Hello again:
Borrowing and inflating the money supply IS the problem. Borrowing more, to inflate the money supply more, to make people feel better ISN'T the answer.
I can't imagine why any fiscally conservative person would think it would.
I don't know. If you were being poisoned, MORE poison won't help. Is THIS the reason why we're going in the dumper??
I think it is. Buy gold.
excon
George_1950
Feb 4, 2008, 08:01 AM
excon writes: "Borrowing and inflating the money supply IS the problem. Borrowing more, to inflate the money supply more, to make people feel better ISN'T the answer. I can't imagine why any fiscally conservative person would think it would." Fiscally conservative people don't believe giving away money to make people feel better is the right thing to do. It is cynical politics and has been the social policy of this once great country since FDR and LBJ. What would Reagan do?