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Old 05-07-2008, 10:37 AM   #11 (permalink)
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Because I'm liberal, freedom-hating, anti-capitalism terrorist who's against you, not with you.
Oh. That's cool. Thanks for the explanation!

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Old 05-07-2008, 10:38 AM   #12 (permalink)
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I bet McCain gets $1200, on top of his social security check, and his wife's 100 million.
He gets NOTHING! And He'll LIKE it!
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Old 05-07-2008, 10:48 AM   #13 (permalink)
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The whole idea of stimulating the economy by increasing our debt is a joke. It's going to accomplish absolutely nothing.
It's just a short term "fix". No good will come of it. Similar things are happening here with the ECB. Inflation is getting out of hand and there's very little the governments can do to control it. Things aren't looking too good across the world.

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Because I'm liberal, freedom-hating, anti-capitalism terrorist who's against you, not with you.
You forgot to add "pinko commie" to that.
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Old 05-07-2008, 11:32 AM   #14 (permalink)
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It's just a short term "fix". No good will come of it. Similar things are happening here with the ECB. Inflation is getting out of hand and there's very little the governments can do to control it. Things aren't looking too good across the world.
The reason we're dealing with runaway inflation is because we are borrowing money to bankroll a war. This will not get any better until we get out of Iraq and start paying it off. There is absolutely nothing we can do to alleviate the situation, or we run the risk of driving more homeowners to foreclosure. Our answer? Bail out the the loans industry that got the housing market into this mess, and spend more money on the war.

If the country could be represented by one child, then Regan and the first Bush are the guys who dug a well, didn't label it, and watching the kid fall in. Clinton was the large rescue effort that pulled the child back to safety, an Dubya is the moron who came along and dug the well twice as deep.

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Old 05-07-2008, 11:35 AM   #15 (permalink)
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Originally Posted by 7 Strings of Hate View Post
i thought it was flat across the board, but there was a little area to inter your information to see what you'll get, and i looks like, if everything is correct, we are only getting 600 buck back, because we didnt make enough money.

this is a fucking joke, ontop of which, if they have enough money to throw out, obviously they are taking too much to begin with
Actually, IIRC, it's tapered off in the other direction - if you paid income taxes in 2007, it's a flat $600 individual/$1200 couple "pre-bate" on your 2008 taxes up to a certain income threshold, above which they take off X amount for each additional grand you make. So, the people who get less than $600 either 1.) didn't pay taxes in 2007 so it's inferred they most likely will not owe tax in 2008 and thus can't have a rebate to reduce their tax liability since this would push it past zero, or 2.) make a LOT of money.

Your sister is either making a lot of money, or only recieved $300-ish back because that's about all she paid in taxes in 2007. Am I right?

As to your second point, they DON'T have enough money to throw out. This thing is one of the dumbest things I've seen from the Bush administration. The deficit is spiraling out of control, causing the US economy and the dollar to tank, because taxes are at historic lows, so Bush lowers taxes even further.

If thinking that's just shitty, retarded economics means I hate America, then burn, baby, burn.

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Old 05-07-2008, 11:42 AM   #16 (permalink)
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Originally Posted by noodles View Post
The reason we're dealing with runaway inflation is because we are borrowing money to bankroll a war. This will not get any better until we get out of Iraq and start paying it off. There is absolutely nothing we can do to alleviate the situation, or we run the risk of driving more homeowners to foreclosure. Our answer? Bail out the the loans industry that got the housing market into this mess, and spend more money on the war.

If the country could be represented by one child, then Regan and the first Bush are the guys who dug a well, didn't label it, and watching the kid fall in. Clinton was the large rescue effort that pulled the child back to safety, an Dubya is the moron who came along and dug the well twice as deep.
Nice analogy Dave.

And the really sucky thing is that when America sneezes the world catches a cold. In economic terms if you will...
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Old 05-07-2008, 11:53 AM   #17 (permalink)
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... it's a ... "pre-bate" on your 2008 taxes
Yeah, when I first heard about this "stimulus" all I could do was .
All people heard was, "you'll get a check" and pre-spent the money they thought they were going to receive.
I set my finances up so I either break even on April 15 or, now that I have a kid, get a small amount back, just to make sure that I don't owe anything. I hate the thought of giving the government an interest-free loan on my money, so I refuse to treat my taxes as a savings plan.
The "rebate" check? Yeah, I'm not seeing any of that.
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Old 05-07-2008, 11:59 AM   #18 (permalink)
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Nice analogy Dave.

And the really sucky thing is that when America sneezes the world catches a cold. In economic terms if you will...
In that case, then there is this little Chinese kid--who is always lending out his lunch money--tied to the American kid...
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Old 05-07-2008, 12:01 PM   #19 (permalink)
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As to your second point, they DON'T have enough money to throw out. This thing is one of the dumbest things I've seen from the Bush administration. The deficit is spiraling out of control, causing the US economy and the dollar to tank, because taxes are at historic lows, so Bush lowers taxes even further.
I'm at the point where I believe the man is purposely trying to bankrupt the nation. He wants the middle class to disappear below the poverty line, returning us to the feudal-style days of a few people with all the money, and a whole lot of broke peasants toiling away with no hope for the future.

Really, it cannot be possible that he is really that fucking stupid. It is far easier to believe that he is just that fucking evil.
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Old 05-07-2008, 12:05 PM   #20 (permalink)
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I'm at the point where I believe the man is purposely trying to bankrupt the nation.
Look up Grover Norquist, and you'll find that you're correct.

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