Stimulus plan
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JHZR2
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Stimulus sucks.
I suggest the gov't paying the portgages in whatever gap may exist, based upon the peoples' abilities, and let these payments remain as a lien against their home... If the time comes and they never repay, dock their social security or welfare, or let them perform community service at the prevailing minimum wage.
No excuse for poor fiscal management.
For the companies? Let them go under. The only thing that should be considered for a bailout is national, internal to the US manufacturing. Those people are the only ones amongst us who actually create anything of value. The rest of us are overpaid managers who for the most part add nothing of value.
I suggest the gov't paying the portgages in whatever gap may exist, based upon the peoples' abilities, and let these payments remain as a lien against their home... If the time comes and they never repay, dock their social security or welfare, or let them perform community service at the prevailing minimum wage.
No excuse for poor fiscal management.
For the companies? Let them go under. The only thing that should be considered for a bailout is national, internal to the US manufacturing. Those people are the only ones amongst us who actually create anything of value. The rest of us are overpaid managers who for the most part add nothing of value.
I say we have a mortage lottery. The lucky winners have the government pay off their mortgages. Then they would have lots of free spending money to boost the economy!
**The problem with the stimulus is we are giving it away to China, Japan etc.... when we buy more stuff.
**The problem with the stimulus is we are giving it away to China, Japan etc.... when we buy more stuff.
Quote:
Barack Obama, 2009:
What is required of us now is a new era of responsibility - a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character, than giving our all to a difficult task.
George W. Bush, 2000:
A hundred years from now, this must not be remembered as an age rich in possessions and poor in ideals.
Instead, we must usher in an era of responsibility.
Bill Clinton, 1993:
We must do what America does best: offer more opportunity to all and demand responsibility from all.
It is time to break the bad habit of expecting something for nothing, from our government or from each other. Let us all take more responsibility, not only for ourselves and our families but for our communities and our country.
Barack Obama, 2009:
What is required of us now is a new era of responsibility - a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character, than giving our all to a difficult task.
George W. Bush, 2000:
A hundred years from now, this must not be remembered as an age rich in possessions and poor in ideals.
Instead, we must usher in an era of responsibility.
Bill Clinton, 1993:
We must do what America does best: offer more opportunity to all and demand responsibility from all.
It is time to break the bad habit of expecting something for nothing, from our government or from each other. Let us all take more responsibility, not only for ourselves and our families but for our communities and our country.
Those T-shirts that say "War is not the answer" have no idea just how wonderful it is as an economic stimulus.
If FDR were here he'd vouch for it.
If FDR were here he'd vouch for it.
Why should anybody have to pay for someone elses mortgage? So far the only ones making out are the CEOs and upper management.
Hey Groucho, dont give'em any ideas. The current war aint doing much for anybody except maybe Halliburton and those Blackwater guys.
Now that everyone has decided to curtail spending, all that is needed is a leader with a smile and a mission.
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Quote:
Why should anybody have to pay for someone elses mortgage?
Because the big beneficiary of the borrower's foolish action wasn't the foolish borrower. It was all that were employed in the creation of the money that the debt enabled. All the profits that were seen ..all the taxes that were paid.
Quote:
So far the only ones making out are the CEOs and upper management.
These were always the principle objects of the benefit. They continue to be.
Why should anybody have to pay for someone elses mortgage?
Because the big beneficiary of the borrower's foolish action wasn't the foolish borrower. It was all that were employed in the creation of the money that the debt enabled. All the profits that were seen ..all the taxes that were paid.
Quote:
So far the only ones making out are the CEOs and upper management.
These were always the principle objects of the benefit. They continue to be.
Kestas
Staff member
Originally Posted By: Gary Allan
Because the big beneficiary of the borrower's foolish action wasn't the foolish borrower. It was all that were employed in the creation of the money that the debt enabled. All the profits that were seen ..all the taxes that were paid.
These were always the principle objects of the benefit. They continue to be.
Now I feel like a real jerk for not overextending my credit and for not buying the biggest house I could barely afford. Sorry, America.
Because the big beneficiary of the borrower's foolish action wasn't the foolish borrower. It was all that were employed in the creation of the money that the debt enabled. All the profits that were seen ..all the taxes that were paid.
These were always the principle objects of the benefit. They continue to be.
Now I feel like a real jerk for not overextending my credit and for not buying the biggest house I could barely afford. Sorry, America.
"Now I feel like a real jerk for not overextending my credit and for not buying the biggest house I could barely afford. Sorry, America. "
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According to another poster you were. You're only purpose in America is to support those who cannot support themselves, irrespective of how their decision making landed them in their situation.
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According to another poster you were. You're only purpose in America is to support those who cannot support themselves, irrespective of how their decision making landed them in their situation.
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We have had stimulus it did not work. Borrowing more money from China is insanity. But Washington does not have any new ideas. 'Change has come to America'. Yes and it's called bankruptcy.
Originally Posted By: Kestas
Originally Posted By: Gary Allan
Because the big beneficiary of the borrower's foolish action wasn't the foolish borrower. It was all that were employed in the creation of the money that the debt enabled. All the profits that were seen ..all the taxes that were paid.
These were always the principle objects of the benefit. They continue to be.
Now I feel like a real jerk for not overextending my credit and for not buying the biggest house I could barely afford. Sorry, America.
+1
Originally Posted By: Gary Allan
Because the big beneficiary of the borrower's foolish action wasn't the foolish borrower. It was all that were employed in the creation of the money that the debt enabled. All the profits that were seen ..all the taxes that were paid.
These were always the principle objects of the benefit. They continue to be.
Now I feel like a real jerk for not overextending my credit and for not buying the biggest house I could barely afford. Sorry, America.
+1
Correct me if I'm wrong, but when President Bush wanted a stimulus check, wasn't it considered a bad idea.....?
They were complaining down here yesterday that Australians didn't spend their stimulus package correctly.
Apparently they wasted it on stuff like mortgages and outstanding debt rather than tinkling it up the wall.
"Reduced it's effectiveness" apparently
Apparently they wasted it on stuff like mortgages and outstanding debt rather than tinkling it up the wall.
"Reduced it's effectiveness" apparently
Originally Posted By: ZZman
I say we have a mortage lottery. The lucky winners have the government pay off their mortgages. Then they would have lots of free spending money to boost the economy!
**The problem with the stimulus is we are giving it away to China, Japan etc.... when we buy more stuff.
Don't we get the money for the stimulus from China? If so we had might as well hand it back to them and then pay it back with interest!
We are Asia's "cash cows"!
I say we have a mortage lottery. The lucky winners have the government pay off their mortgages. Then they would have lots of free spending money to boost the economy!
**The problem with the stimulus is we are giving it away to China, Japan etc.... when we buy more stuff.
Don't we get the money for the stimulus from China? If so we had might as well hand it back to them and then pay it back with interest!
We are Asia's "cash cows"!
Originally Posted By: Shannow
tinkling it up the wall.
Now there's an expression I don't hear often!
tinkling it up the wall.
Now there's an expression I don't hear often!
That article is a shining example of why government is not the answer to the problem...it is the problem.
Quote:
The report came from the non-partisan Congressional Budget Office and said proposed money for construction, and school and highway repair, would only drip -- not gush -- into the economy.
Tax cuts are immidiet!
We have total morons in charge of our government...sleep well.
Quote:
The report came from the non-partisan Congressional Budget Office and said proposed money for construction, and school and highway repair, would only drip -- not gush -- into the economy.
Tax cuts are immidiet!
Originally Posted By: andyd
Hey Groucho, dont give'em any ideas. The current war aint doing much for anybody except maybe Halliburton and those Blackwater guys.
Yeah, all of those manufacturing jobs making military supplies/weapons/vehicles and all of the high technology that comes from military spending is a total waste.
HTML is a result of military spending...
Hey Groucho, dont give'em any ideas. The current war aint doing much for anybody except maybe Halliburton and those Blackwater guys.
Yeah, all of those manufacturing jobs making military supplies/weapons/vehicles and all of the high technology that comes from military spending is a total waste.
HTML is a result of military spending...
Originally Posted By: Tempest
Tax cuts are immidiet!
We have total morons in charge of our government...sleep well.
No, the people who print the money are in charge and the morons in the government are doing exactly what they want.
Tax cuts are immidiet!
No, the people who print the money are in charge and the morons in the government are doing exactly what they want.
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