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
And this was the second payoff. Don't forget the 2001 "tax rebate".

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>

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

I used my stimulus check to invest in AIG.

I spent mine on toys for the models :winkwink:

But you are right, that money could have been better used for something else besides another stupid ass plan from bush.

:1orglaugh

I think my tax rebate went towards paying my taxes :error

I think i used mine to buy toys with for my boat :)

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

I just realized this today... didnt get mine either. although i think i only get like $100, its still $100 i didnt have before :winkwink:

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


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


SPEND, GOP, SPEND |||

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..




.

"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

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.

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

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.

i wonder how that worked out :glugglug

Obama saw our latest video on our site with him in it and got pissed and tore mine up.