What Will You Do?????

[speakerman39]

Folks, there seems to be a lot of talk about a second "STIMULUS" package. Now with that being said and assuming it happens what will YOU do with the money? Maybe pay off some bills? Perhaps, buy some new gear? Lastly, how much do you think it will be this go around? Will it be basically the same amount as before OR will it be more? What do YOU have to say about this type of governmental intervention? Do YOU believe it will be effective OR just more waste of tax payers money? Looking forward to what YOU all have to say.

Cheers,

Phil

 

[Adam]

Here's my thinking:

 

[nick1000000]

Foreign goods

 

[speakerman39]

Since I already just about have my Ascends paid-off, I will put the money towards my 42" LCD. Of course, I also plan to get a BR player too sometime in the very near future. The way I see it, every little bit helps.

Cheers,

Phil

 

[jamie2112]

Ooooohhhh how much we gonna get?

 

[speakerman39]

Ooooohhhh how much we gonna get?

I dunno, but I will take whatever they send. Hopefully, it will be more than the first. I still have more gear to buy.......LOL!!!!!

Cheers,

Phil

 

[Exit]

The economic stimulus money is currently going to the big wall-street banks to pay for the sub-prime loan fiasco and re-establish credit markets. You may benefit indirectly through the traditional Republican “tinkle-down” economics, first coined and popularized by Ronald Regan in the 1980s. See “Economic Impact on You?” thread for further elaboration of this amazing gravity-based economic concept.

 

[aberkowitz]

I dunno, but I will take whatever they send. Hopefully, it will be more than the first. I still have more gear to buy.......LOL!!!!!

Cheers,

Phil

You're not getting anything, sorry to say, at least not in direct cash.

Most of what I've heard discussed about this second "stimulus" (I use the quotes because it's now been proven twice in the past 7 years that direct payments of cash don't stimulate ANYTHING) is that it will be manifested in the form of:

- Extended unemployment benefits and healthcare coverage for those who have lost their jobs
- Direct investments in state and local governments to help offset high Medicare costs and escalating budgets
- Public works projects, such as bridges and roads, that are supposed to provide a stimulus by adding jobs and increasing spending

There may be a small cash payment to some taxpayers, but I at this point I would not be betting on it.

 

[aberkowitz]

The economic stimulus money is currently going to the big wall-street banks to pay for the sub-prime loan fiasco and re-establish credit markets. You may benefit indirectly through the traditional Republican “tinkle-down” economics, first coined and popularized by Ronald Regan in the 1980s. See “Economic Impact on You?” thread for further elaboration of this amazing gravity-based economic concept.

Most people will benefit because their companies will now not be forced to sell assets in order to meet payroll. The vast majority of companies in this country have to borrow cash in order to pay their employees regularly (it has to do with the timing mismatch of cash flow) and if banks cannot/will not lend to companies, people will not get paid. Saving the banking system in this country is rightly a much higher priority than almost anything else.

None of this has anything to do with trickle-down economics....

 

[speakerman39]

You're not getting anything, sorry to say, at least not in direct cash.

Most of what I've heard discussed about this second "stimulus" (I use the quotes because it's now been proven twice in the past 7 years that direct payments of cash don't stimulate ANYTHING) is that it will be manifested in the form of:

- Extended unemployment benefits and healthcare coverage for those who have lost their jobs
- Direct investments in state and local governments to help offset high Medicare costs and escalating budgets
- Public works projects, such as bridges and roads, that are supposed to provide a stimulus by adding jobs and increasing spending

There may be a small cash payment to some taxpayers, but I at this point I would not be betting on it.

I agree somewhat. However, there is still some talk about a second cash payment from what I garner. You are right, it is doubtful we will get another so my question should read "what will you do if we do get another cash payment?" Besides, it never hurts to dream eh?

Cheers,

Phil

 

[aberkowitz]

I agree somewhat. However, there is still some talk about a second cash payment from what I garner. You are right, it is doubtful we will get another so my question should read "what will you do if we do get another cash payment?" Besides, it never hurts to dream eh?

Cheers,

Phil

Oh, well in that case- I will spend about 90% on fast women and drinking, and the rest I'll probably just wasted .

 

[speakerman39]

Oh, well in that case- I will spend about 90% on fast women and drinking, and the rest I'll probably just wasted .

LOL............sounds like a very good plan to me!

Cheers,

Phil

 

[nick1000000]

I will buy a baby seal and a club. The rest is for your imagination.

 

[aberkowitz]

I will buy a baby seal and a club. The rest is for your imagination.

That depends... what I'm thinking of is illegal in 37 1/2 states

 

[Haoleb]

Here's my thinking:

I dont think it will be enough money to be able to afford bottled water, food and a 50cal. Plus, Dont forget, Your going to need some of these.

 

[Adam]

I dont think it will be enough money to be able to afford bottled water, food and a 50cal.

You make an excellent point. I was trying to be politically correct. My plan is to buy the 50 cal...and then find people with water and food.

 

[speakerman39]

You make an excellent point. I was trying to be politically correct. My plan is to buy the 50 cal...and then find people with water and food.

Geez Adam, remind me not to tick you off..........LOL!!!!! Just glad we are buddies! You are just one macho dude!

Cheers,

Phil

 

[Adam]

I'm a virtual macho dude. We all know that I'm just some guy with a keyboard and too many war movies.

 

[speakerman39]

I'm a virtual macho dude. We all know that I'm just some guy with a keyboard and too many war movies.

LOL........too funny Adam. BTW, congrats on the 5k posts. I also see you are closing in on 1k thanks. Kudos to you my friend. Both are significant milestones and as such you wreak of awesomeness.

Cheers,

Phil

 

[Adam]

Thanks, Phil. That's a first for me. I've been told that I wreak before, but it was never in regards to awesomeness.