US Government giving away money?

[Sweetwater Red]

Maybe.:thinking:


http://www.cnn.com/2008/POLITICS/01/24/economic.stimulus/index.html

[Aesculus gilmus]

They have to borrow it from the Chinese first and most of it will be used to buy more junk from there anyhow.

[sinfan75]

I remember them doin this a few years ago. I think I got like a $500 check in the mail, or somewhere in that neighborhood.

[Sweetwater Red]

Originally posted by sinfan75
I remember them doin this a few years ago. I think I got like a $500 check in the mail, or somewhere in that neighborhood.

Yeah, me too. I'm thinking mine was closer to 300. That covered
the electricity and water bill that month.:(

[STANG RED]

Originally posted by Aesculus gilmus
They have to borrow it from the Chinese first and most of it will be used to buy more junk from there anyhow.

Wont work! The Chinese banking system is in even worse shape than our own, and getting worse by the day. We'll be bailing them out again before long. They are having some big time major problems over there right now. Lots of heads will be rolling soon.

[Sweetwater Red]

Originally posted by STANG RED
Lots of heads will be rolling soon.

Probably literally.:eek:

[Adidas410s]

Originally posted by Sweetwater Red
Probably literally.:eek:
yep. They don't exactly have a legal system...and attorneys don't really exist in the way that we know them here.

[Snyder_TigerFan]

600 for single, 1200 for family and 300 per kid. Something is not right with this picture, but I'll take it.

[Pawdaddy]

The idea is to pump dollars into the economy by getting this money into the hands of the consumers and then they go consume. The manufacturers then have to produce more, employ more workers, which could then have more purchasing power into the economic maze and it all keeps humming along.

If Bernanke had just left things alone when he increased the interest rates a quarter point every three months for two years, we might not be having his conversation. I know I would have paid between three and five thousand less in home interest over the last two years.

[Phil C]

:clap:

[Old Tiger]

overflow of tax's they are just reinvesting back into the lower class american people that will just invest the money back into the economy......pretty smart.

[crzyjournalist03]

What if I don't have a kid right now, but will have one by the time they start cutting checks???

[Old Tiger]

Originally posted by crzyjournalist03
What if I don't have a kid right now, but will have one by the time they start cutting checks??? I think it's from last years income so no kid no money.

[JasperDog94]

If I weren't in grad school I'd use the money to buy a big screen TV.:( :( :(

Stupid grad school...:mad: :nerd: :nerd:

[Adidas410s]

Originally posted by crzyjournalist03
What if I don't have a kid right now, but will have one by the time they start cutting checks???
Did you claim your child on your 07 taxes?

I'm getting screwed a few places on taxes this year. I don't think I can claim my student loan interest and I won't get a full refund check. All because some fat cats at my company got really rich...paid us a small bonus...and pushed me a few hundred over the cap! :mad:

[raider red 2000]

Originally posted by Adidas410s
Did you claim your child on your 07 taxes?

I'm getting screwed a few places on taxes this year. I don't think I can claim my student loan interest and I won't get a full refund check. All because some fat cats at my company got really rich...paid us a small bonus...and pushed me a few hundred over the cap! :mad:


donate some fo that money to tech....will that get you back where you need to be????

heck or donate to my track team :)

[Blastoderm55]

I think its a terrible idea, personally. If I get a check, its either going into savings or toward debt. Apparently Washington hasn't paid notice to the lack of consumer confidence and spending.

[Old Tiger]

Originally posted by Blastoderm55
I think its a terrible idea, personally. If I get a check, its either going into savings or toward debt. Apparently Washington hasn't paid notice to the lack of consumer confidence and spending. That's better than going to those who made over 90,000 a few years ago.

[LH Panther Mom]

Originally posted by crzyjournalist03
What if I don't have a kid right now, but will have one by the time they start cutting checks???
Are you and Mrs. crzy preggers? :)

[crzyjournalist03]

Originally posted by LH Panther Mom
Are you and Mrs. crzy preggers? :)

Five and a half months! Little girl on the way due May 25th!

[jason]

mine will go to my IRA or my general savings account to save it for a rainy day...

[Blastoderm55]

So if I understand correctly, the money given out will simply be an advance on an '08 tax return. Screw that! I'll be sending my check to the gov. My return this year was $199 and won't be much higher next year. The last thing I need is to owe them $600 on top of whatever I may pay or receive next year.

[LH Panther Mom]

Originally posted by crzyjournalist03
Five and a half months! Little girl on the way due May 25th!
Awwwww! :) Congrats! :clap: :clap: