So how's your economic stimulus checks working for you?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • sortie
    Confirmed User
    • Mar 2007
    • 7771

    #1

    So how's your economic stimulus checks working for you?

    What a waste of tax revenue.

    Could have bought some failed mortages with that money before the shit hit the fan.

    http://en.wikipedia.org/wiki/Economi...us_Act_of_2008
    The Economic Stimulus Act of 2008 (Pub.L. 110-185, 122 Stat. 613, enacted 2008-02-13) is an Act of Congress providing for several kinds of economic stimulus intended to boost the United States economy in 2008 and to avert or ameliorate a recession. The stimulus package was passed by the U.S. House of Representatives on January 29, 2008, and in a slightly different version by the U.S. Senate on February 7, 2008. The Senate version was then approved in the House the same day. It was signed into law by President George W. Bush on February 13, 2008.[2] The law provides for tax rebates to low- and middle-income U.S. taxpayers, tax incentives to stimulate business investment, and an increase in the limits imposed on mortgages eligible for purchase by government-sponsored enterprises. The total cost of this bill was projected at $152 billion for 2008 with an additional $124 billion to be spent over the next 10 years.
    And this was the second payoff. Don't forget the 2001 "tax rebate".
  • uno
    RIP Dodger. BEST.CAT.EVER
    • Dec 2002
    • 18450

    #2
    Hmm I still didn't get mine yet. I should call the IRS.
    -uno
    icq: 111-914
    CrazyBabe.com - porn art
    MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

    Comment

    • sortie
      Confirmed User
      • Mar 2007
      • 7771

      #3
      Originally posted by uno
      Hmm I still didn't get mine yet. I should call the IRS.
      Too late, they'd have to get a loan to pay you and the banks are now closed.

      </sarcasm>

      Comment

      • HorseShit
        Too lazy to set a custom title
        • Dec 2004
        • 17513

        #4
        i don't even remember what I spent that 600 on probably booze and whores

        Comment

        • mynameisjim
          Confirmed User
          • Aug 2007
          • 2985

          #5
          I used my stimulus check to invest in AIG.
          jim (at) amateursconvert . com Amateurs Convert

          Comment

          • Nikki_Licks
            Confirmed User
            • May 2005
            • 6323

            #6
            I spent mine on toys for the models

            But you are right, that money could have been better used for something else besides another stupid ass plan from bush.
            Last edited by Nikki_Licks; 09-29-2008, 11:55 AM.
            Amateur Content
            ICQ: 292 356 077

            Comment

            • sortie
              Confirmed User
              • Mar 2007
              • 7771

              #7
              Originally posted by mynameisjim
              I used my stimulus check to invest in AIG.

              Comment

              • stevo
                Confirmed User
                • Aug 2002
                • 2051

                #8
                I think my tax rebate went towards paying my taxes

                Comment

                • Pete-KT
                  Workin With The Devil
                  • Oct 2004
                  • 51532

                  #9
                  I think i used mine to buy toys with for my boat

                  Comment

                  • HorseShit
                    Too lazy to set a custom title
                    • Dec 2004
                    • 17513

                    #10
                    now that I remember correctly I'm right, spent it at Platinum Plus

                    Comment

                    • 96ukssob
                      So Fucking Banananananas
                      • Mar 2003
                      • 12991

                      #11
                      Originally posted by uno
                      Hmm I still didn't get mine yet. I should call the IRS.
                      I just realized this today... didnt get mine either. although i think i only get like $100, its still $100 i didnt have before
                      Email: Clicky on Me

                      Comment

                      • directfiesta
                        Too lazy to set a custom title
                        • Oct 2002
                        • 30140

                        #12
                        So, how was that stimulus check for you guys ????


                        Happy to see that it was OK to raise debt in 2008 ....


                        SPEND, GOP, SPEND |||
                        I know that Asspimple is stoopid ... As he says, it is a FACT !

                        But I can't figure out how he can breathe or type , at the same time ....

                        Comment

                        • marketsmart
                          HOMICIDAL TROLL KILLER
                          • Dec 2004
                          • 20419

                          #13
                          they would have been better off giving the bank bailout money to the public...

                          the money would have been dumped right back into the economy..




                          .

                          Comment

                          • Houdini
                            Confirmed User
                            • Dec 2001
                            • 1651

                            #14
                            Originally posted by directfiesta
                            So, how was that stimulus check for you guys ????


                            Happy to see that it was OK to raise debt in 2008 ....


                            SPEND, GOP, SPEND |||
                            "The fact that we are here today to debate raising America?s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can?t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government?s reckless fiscal policies. ? Increasing America?s debt weakens us domestically and internationally. Leadership means that ?the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

                            -Barack Obama 2006

                            Comment

                            • GregE
                              Confirmed User
                              • Jul 2004
                              • 2704

                              #15
                              Originally posted by marketsmart
                              they would have been better off giving the bank bailout money to the public...

                              the money would have been dumped right back into the economy...
                              Where it belongs.

                              As crazy as that idea sounds to some people, I have yet to hear a convincing argument why it wouldn't have resulted in a much, much better outcome.

                              50/50 lifetime payout - EXCLUSIVE CONTENT - CCBill
                              CLiCK here for your Bun Beating Dollars.

                              Comment

                              • BFT3K
                                Too lazy to set a custom title
                                • Dec 2005
                                • 10764

                                #16
                                Originally posted by Houdini
                                "The fact that we are here today to debate raising America?s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can?t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government?s reckless fiscal policies. ? Increasing America?s debt weakens us domestically and internationally. Leadership means that ?the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

                                -Barack Obama 2006
                                Here is the longer version, which doesn't make it any less poignant...

                                The fact that we are here today to debate raising America?s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can?t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government?s reckless fiscal policies.

                                Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is ?trillion? with a ?T.? That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President?s budget will increase the debt by almost another $3.5 trillion.

                                Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we?ll spend on Medicaid and the State Children?s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.

                                And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

                                Every dollar we pay in interest is a dollar that is not going to investment in America?s priorities.

                                Senator Barack Obama
                                Senate Floor Speech on Public Debt
                                March 16, 2006

                                Comment

                                • IllTestYourGirls
                                  Ah My Balls
                                  • Feb 2007
                                  • 14311

                                  #17
                                  It is insanity that we are borrowing more money to pay off money we borrowed. Spending has to be drastically cut. Once that happens I would consider raising some taxes. Raising taxes without DRASTICALLY cutting, Im talking cutting 500 billion a year every year for a few years, is just a distraction from more fleecing of the middle class.

                                  Comment

                                  • MaDalton
                                    I am Amazing Content!
                                    • Feb 2004
                                    • 39861

                                    #18
                                    Originally posted by Pete-KT
                                    I think i used mine to buy toys with for my boat
                                    i wonder how that worked out
                                    AmazingContent.com - providing only the best content and service since 2003
                                    Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                    Got German traffic? We convert it into money for you!
                                    Email: oltecconsult [at] gmail [dot] com

                                    Comment

                                    • GARY LEE
                                      Confirmed User
                                      • Aug 2007
                                      • 600

                                      #19
                                      Obama saw our latest video on our site with him in it and got pissed and tore mine up.
                                      amateur porn videos
                                      lipstick lesbians

                                      Comment

                                      Working...