Need to Register?

tim3560 · January 27th, 2008

Quote:

Originally Posted by brentonchad


	I knew I had four kids for some reason!! I needed a second heat press!!

LOL, hey good for you!

Girlzndollz · January 27th, 2008

Quote:

Originally Posted by binki


	No, I mean my money that I have been handing over year after year.

I don't know where else to verify this and just because I saw this on the news doesn't mean it's necessarily true (it's a wonder the level of trust in newstations anymore, isn't it?), but I heard this as we're borrowing $150B from the Chinese - and that some folks are worried people are going to turn around and buy Chinese products with, so this may not infact be so good for our economy as much as it will be good for another country. Blah. It's all too much for me to grasp. Anyway, the numbers are so large they are staggering. I guess I wonder if it might pay to be sure to buy American with this money?

Any thoughts on that? Any good to trying to focus on good American machinery that can be purchased over foreign made?

I'm not political, it's too overwhelming and complicated for me to really understand the entire scope, but I do love my country....

binki · January 27th, 2008

I don't worry about things I cannot control, only those that I can.

As far as foreign debt, that's easy, the USA could just tell them all to take a hike and confiscate all foreign assets in the US. Not that it will happen, but when push comes to shove it may.

binki · January 28th, 2008

As predicted, this will get bigger...

Quote:


	Democrats in the U.S. Senate say they will move to *add $150 billion* to the White House economic stimulus package

emphasis added

The Canadian Press: Senate Democrats plan add-ons to $150-billion U.S. economic stimulus package

zymerguyer · January 28th, 2008

Yeah, this is a great idea for us business owners and others, but only for now. It's kinda like putting a band-aid over a cut off limb. In the long run, though, we're all gonna suffer because the only thing this is doing is delaying the inevitable recession and making sure that it's gonna be worse later. They're not getting this money from anywhere; they're just printing it out of thin air, which is just deficit spending. The dollar will collapse, it's just a matter of when.

binki · January 28th, 2008

oh, definitely the sub prime mortgage fiasco caused all of this. it doesnt matter how long the fall is delayed, it will happen. those that couldnt afford those loans then, cant afford them now, and wont be able to afford them down the road.

binki · February 8th, 2008

Looks like a done deal....

washingtonpost.com

Girlzndollz · February 8th, 2008

Yes, you are right, Fred. I just watched a news video online.

monkeylantern · February 8th, 2008

This is economic idiocy designed to act as a cover for top 1% tax cuts.

60% of this money will go straight into savings, a figure mentioned by the White House itself. The "stimulus" part is total economic fantasy and in effect bribery.

We are re-arranging deck-chairs on the Titanic.

prometheus · February 8th, 2008

I don't know who is going to put it into savings, as most people I hear talk, are going to buy a big screen tv or such with it. Even if they have credit debt up the butt.

Girlzndollz · February 8th, 2008

I just hope they remember to buy American made so US companies get it.

I'm giving it back to Uncle Sam, he's paying my school property tax this year, but sadly, not even half of it..... boo hoo.

tim3560 · February 8th, 2008

Not so much "free" money after all. If I'm reading this correctly, it looks like an advance on the money that we would be getting from our returns next year. The details on tax rebates - MSN Money

prometheus · February 8th, 2008

Quote:

Originally Posted by tim3560


	Not so much "free" money after all. If I'm reading this correctly, it looks like an advance on the money that we would be getting from our returns next year. The details on tax rebates - MSN Money

Great Tim, rain on the parade.

Girlzndollz · February 8th, 2008

The best things in life are free, never money...

I'd rather borrow if from myself than anyone else.

MotoskinGraphix · February 8th, 2008

An utterly stupid proposal of handing every tax payer a check. A stimulus package in the sense that every tax payer that makes over $75,000 a year gets nothing but pays for the whole shebang without representation. Who comes up with this illogical way to stimulate what isnt broken but correcting itself from a six year boom. Leave the markets alone and they will correct themselves. How do you give money away you dont have? I like business incentives but free money is never free.