<p>Bush has one for $150 billion.
The democrats in congress have one coming believed to be around the same amount.
Hillary has one over that is over $100 billion.
Obama has one that was $75 billion. I’m sure he is going to raise his.
Romney just came out with one that is $150 billion stimulus and another $100 billion permanent tax cut.</p>
<p>Why don’t we just give everybody $1 million? $10 million? $100 million?
Then we can make lots of wheelbarrows to carry all that money to the grocery store so we can pay for a gallon of milk and a loaf of bread.</p>
<p>I will find it ridiculous to give people cash back now just so they can go spend it.</p>
<p>SPENDING TOO MUCH MONEY is the problem.</p>
<p>people have too much stuff as it is.</p>
<p>I think I just saw something on tv that said $800 for single taxpayers earning less than $85000… Not sure if that is above and beyond whatever my tax refund will be (about $2700 based on my current estimate)</p>
<p>Whoopee! that $800 is 1/4 of my son’s meal plan.</p>
<p>How about the government stopping the 700 MILLION that is spent EVERY DAY in Iraq.</p>
<p>Am I the only person in the world who will not buy anything unless it’s used, on sale and/or I have a coupon for it?? I think the only thing I buy that isn’t on sale is Milk.</p>
<p>We did our part after 9/11 for the Economy and Student Loans. At one time we had somewhere near $70,000 - $80,000 in student/Plus loans and another $30,000 HELOC. Both of which I think is a pretty good injection of funds into the economy. Thankfully the HELOC is gone and the student loans are being worked down nicely. </p>
<p>I will add that we could afford the loans and can still pay substantially the remaining balances although how much, depends if our bank stocks still exist in the future??</p>
<p>I had a conversation with my phd, economics, ivy league, muckimuck, major financial institution, brother a few months ago. He said, “don’t worry, we saw what was/is going to happen a year ago when someone realized the problem and potential exposure of the loans. We got it covered.”</p>
<p>I don’t know if he will still have a job in a months time, and not sure if his institution will survive in its current state. What I am sure of, is that his 401k, and accumulated stock are worth a whole lot less.</p>
<p>A lot of people who had no contact with risk and loan management will lose their jobs.
thisoldman is offline</p>
<p>the cartoon links from the Statesmanjournal.com (Jan 18, 2008) were noticed while my wife was looking at flooring samples and I was enjoying a joe and brownie at the hospitality of the owner of the store. Again we are trying to do our part in spending money that we really don’t have.</p>
<p>SueinPhilly: I think I must be the cheap queen! My kids were about 10 years old before they learned what the expression “to cut the tags off your clothes” meant. They never had new clothes (nor their father or mother!), and it’s because that’s how we want to live, not because we’re poor.</p>
<p>On the issue of milk: we go to Ohio 2 days a week and milk in their LargeGroceryChain Store is $1.53 cheaper per gallon than in PA. Unbelievable. Like Ohio cows are more than 25% cheaper to feed. I’m going to save all my spoiled milk and take it to Harrisburg.</p>
<p>I’m not buying a plasma tv - even if I get $1600!</p>
<p>I assume it was an import? Pretty tough to actually buy something made in the USA to keep the $$$ in the USA. I guess we could all just fill up our gas tanks and flush the $$$ right back to the middle east. </p>
<p>Watched Bernakes speech to our esteemed committee people who showed for the most part their lack of basic financial understanding. It is frightening that these people are making the decisions. You’d expect people w/more expertise…</p>
<p>Orange tag day - $3.99. If I wear it, I can turn down the heat, and hence impact America’s dependence on foreign oil!</p>
<p>(Shouldda bought sweaters for everyone on CC! Maybe we can do that with the stimulus package…Can’t see how buying new sweaters made with child bonded labor in south India and shipped on oil-guzzling cargo ships is ultimately a good thing for the American economy, and, if it is, I guess I wish us the worst. Maybe I can ship one to Bernanke. ;))</p>