President and House agree to Corporate Welfare Stimulus Package

[Durandal]

Needs to be slid through the senate but that shouldn't be a problem. It'll come out even heavier on the cost end.

Yep, nothing like borrowing money to give to people in the hopes that they will spend money on a company whose products were made outside the country.

We must save foreign jobs!

Makes me ƒucking sick.

But go ahead float me some cash. I'll pay down our home loan an additional sweet 1%...all principle while all the other suckers out there spend it on crap.

I know that sounds like crazy talk, but the lowering of the interest rates does good things. The cash infusion is simply insanity. There would be no long term gain and would not correct the problems that are facing this nation. We should take our lumps. Weak businesses take hits, values drop, then from the ashes stronger companies rise up and other people take on new wealth. I'd love to see the market get rocked. I am diversified enough to take a hit and rebound at a later date and it would give a whole lot of folks a chance to get in on the ground floor and REALLY make some money. Far more than the piss amount the feds are going to throw at us.

[shocker1]

What can one say? As I said in the other rebate thread. I hope my fellow Americans are not so dumb as to see this cash giveaway as a positive. It is like a Flintstone Band-aid on a severed jugular. A sign of desperation. A bread and circus plan. We already have the circus in DC, now take your bread and keep quiet.

[non]

Well, I'm glad they've gotten over that whole 'free market' thing .Guess every mouth has two sides, and I don't mean the corners.

[Miles.]

I agree with shocker1.


Desperate move.

[orionhawk]

I'm not gonna bitch, I need the money.

[Abolith]

Durandal... I couldn't agree more.. this is nothing more than a nice PR stunt to show the Morons in charge are ''doing something" about the "Crisis"



My chunk o cash is going right into my investment portfolio... in 10-15 yrs time it will be worth 10x+ as much..

[dave81]

...So you're saying I shouldn't go to Wal-Mart and spend, spend, spend?

Just kidding, kids. Buy American!

::Typing from a Taiwanese computer with a Malaysian-made hard drive::

[Laworkerbee]

I have no debt, what should I do with this check?

I was thinking about buying a revolver with it :)

[California Joe]

I was thinking of starting to build that AR. But my wife will probably hear about this somehow and want to do something "responsible" with it. :)

[Laworkerbee]

I was thinking of starting to build that AR. But my wife will probably hear about this somehow and want to do something "responsible" with it. :)

Thats just the thing, the gov'ment has clearly stated they want us to be irresponsible with this money and spend it like teenage girls at the mall on a Sunday afternoon.

Tell her you're doing some patriotic duty by buying that STAG lower :)

[California Joe]

That's the one I'm eyeballing. Got to call the local gun shop for transfer fees. I'm pretty sure it's 25 bucks.

[HR24]

I raised the possibility of getting a new LCD HDTV with my wife. She laughed in my face and said we will put it into savings for our upcoming arrival (first kid).

I just don't understand.......Who wouldn't want a new Phillips '42 LCD HDTV with 1080P's? ;)

[Laconian]

Save money, save money. I make money to spend it. I can't take it with me. An old NCO told me once, "If you die with over a $1000 bucks in the bank, you're a failure."

[ronnieraygun]

Save money, save money. I make money to spend it. I can't take it with me. An old NCO told me once, "If you die with over a $1000 bucks in the bank, you're a failure."

Man. I like your style. I like the curve methodology. You should be born broke and die broke but be pretty phat in between.

I like how they are honest about the "stimulus" this time. Go out and buy ****. We command you. That's rich.

I went for a walk by the tracks last night and every damned train was full of container stacks and semi trailers FULL of imported goods from a harbor. I sometimes wonder if American consumer spending pretty much drives the entire world economy for the moment.

[I can't think of a name]

Save money, save money. I make money to spend it. I can't take it with me. An old NCO told me once, "If you die with over a $1000 bucks in the bank, you're a failure."

Will your Children like that?

[dave81]

Well then Bill Gates must be one hell of a loser.

[California Joe]

Who cares if they like it. They're kids.

[ronnieraygun]

Will your Children like that?

Too bad. Americans have been spoiled soft from getting cheap inheritance from the great depression generation and blowing it all on cadillac escalades and assorted crap.

[HR24]

Save money, save money. I make money to spend it. I can't take it with me. An old NCO told me once, "If you die with over a $1000 bucks in the bank, you're a failure."

A buddy of mine who is stationed in your neck of the woods has that same mentality. He's a wise old fart. You are sure as sh*t not gonna spend it when you're dead.

[shocker1]

Oil prices rise further on stimulus hopes

Crude back above $90 a barrel after U.S. lawmaker agree on tax rebates




NEW YORK - Oil futures jumped back above $90 a barrel Friday, adding to the previous session’s sharp gains on a view that the recession worries that pulled prices lower in recent weeks may have been overblown.
At the pump, meanwhile, gas prices fell below $3 a gallon for the first time in weeks.
Energy investors were heartened by recent moves by the Federal Reserve and Congress to shore up the economy, which could prevent oil demand from slowing as much as many had feared.
http://www.msnbc.msn.com/id/12400801/
Hey spend it on gas so energy investors feel good.

[WarriorMonk]

http://www.msnbc.msn.com/id/12400801/
Hey spend it on gas so energy investors feel good.

"Crude back above 90 USD a barrel"

isn't that a bad thing because it means that gas is more expensive? (forgive me I'm not an economics major and my brain is a little scrambled right now)

[Laworkerbee]

"Crude back above 90 USD a barrel"

isn't that a bad thing because it means that gas is more expensive? (forgive me I'm not an economics major and my brain is a little scrambled right now)

Oil speculators figure that since we are getting "free" money we will be buying more gas, therefore they try and bump up the prices.

What pricks

[shocker1]

Oil speculators figure that since we are getting "free" money we will be buying more gas, therefore they try and bump up the prices.

What pricks
Corporations and Government working together for you. Getting the most from your money. Win Win, we loose.

[muttbutt]

Will your Children like that?
He raised and educated them...after that it's up to them.

[Laconian]

Will your Children like that?

It's our (my wife's and mine) responsibility to raise kids that are self-sufficient. I never expected anyone, not even my parents, to fund or provide for me once I left the house as an 17/18 yr old to make my way. I'll love them with all my heart forever, but I'm not paying their bills.

[Durandal]

Save money, save money. I make money to spend it. I can't take it with me. An old NCO told me once, "If you die with over a $1000 bucks in the bank, you're a failure."

Cool for you. I make money to make money of THAT money.

That is what I spend. Same thing really, only I am not broke when I spend "all" my money.

I mean, come on man, we have put thousands of ways to make boat loads of money if you just put a little bit aside.

Besides, if I spend 1200.00 bucks every time some jacked up ignorant politician gave it to me how could I possibly save up the 40K plus I need for a MG42 and the transfer tax?

[Kaplanr]

Do as I say, not as I do.

I had to buy a new PC yesterday; couldn't load tax software on the Windows 98 HP, or anything else.

Having said that, the package is a crock. What they should do, even if it's a tad facistic, is re-legislate the bad ARMs to fixed period-fixed interest mortgages. In the long run it will save people (who sholdn't have been granted mortgages in the first place) from screwing up their lives and living conditions entirely, and it will save the idiot lenders from owning billions in property they'll never sell at cost.

[Durandal]

I have to be honest here and say that the companies that are practicing poor business and are suffering as a result of their greed need to be allowed to fold.

It will be a lesson to all, an example of poor business practice, and hopefully, avoided again. From the loss of businesses, new ones will rise.

After all, if we kick all the illegals out, we'll have plenty of jobs picking crops for all those out of work investors. :)

[Lusitania]

Save money, save money. I make money to spend it. I can't take it with me. An old NCO told me once, "If you die with over a $1000 bucks in the bank, you're a failure."

Oh I like your style, the money is no good to you if you are dead:).

[Protected]

It is just a way to delay the crash until after the elections. I'm not sure they have that much time left, they seem pretty desparate lately.

[Lambert58]

Too bad. Americans have been spoiled soft from getting cheap inheritance from the great depression generation and blowing it all on cadillac escalades and assorted crap.

That's the dumbest thing anyone has said in the thread so far. gratz. wtf.