Obama's Stimulus has been approved! - DFWstangs Forums
 
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post #1 of 45 (permalink) Old 01-28-2009, 05:09 PM Thread Starter
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Obama's Stimulus has been approved!

$819 Billion Dollars....now I have a question, part of this states tax breaks for $500 per person or $1000 per couple. How does this actually work?

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post #2 of 45 (permalink) Old 01-28-2009, 05:10 PM
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post #3 of 45 (permalink) Old 01-28-2009, 05:20 PM
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post #4 of 45 (permalink) Old 01-28-2009, 05:30 PM
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post #5 of 45 (permalink) Old 01-28-2009, 06:23 PM
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Originally Posted by bjtheman1 View Post
$819 Billion Dollars....now I have a question, part of this states tax breaks for $500 per person or $1000 per couple. How does this actually work?
It's pretty telling to me that not ONE Republican voted for it, and 11 Dems voted against it. Pretty damned partisan if you ask me!

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post #6 of 45 (permalink) Old 01-28-2009, 06:28 PM
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Originally Posted by bjtheman1 View Post
$819 Billion Dollars....now I have a question, part of this states tax breaks for $500 per person or $1000 per couple. How does this actually work?
How does it work? You get $500 or $1000 back this year and your country gets fucked, your kids get a lower standard of living than you enjoyed and we all take it up the ass.

Fuck you President Obama! And fuck your pork filled bill and your socialist agenda

1/19/09, the last day of Free America.
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post #7 of 45 (permalink) Old 01-28-2009, 06:30 PM
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How does it work? You get $500 or $1000 back this year and your country gets fucked, your kids get a lower standard of living than you enjoyed and we all take it up the ass.

Fuck you President Obama! And fuck your pork filled bill and your socialist agenda
Direct and to the point. That about sums it up.

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post #8 of 45 (permalink) Old 01-28-2009, 06:31 PM
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sweet, i get more money?! fucking awesome!


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post #9 of 45 (permalink) Old 01-28-2009, 06:44 PM
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sweet, i get more money?! fucking awesome!


LOL!!!
You'll get extra money from Obama's stimulus plan in much the same arrangement as a prostitute, but after you get fucked, you're stuck here and don't get to ride home in an old Cadillac with wheels that are too big.

1/19/09, the last day of Free America.
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post #10 of 45 (permalink) Old 01-28-2009, 06:46 PM
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If I'm getting a check it's going striaght to the credit card companies. I'm fucking sick of paying on these damn things.

Any check i get is going to pay bills.

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post #11 of 45 (permalink) Old 01-28-2009, 06:49 PM
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If I'm getting a check it's going striaght to the credit card companies. I'm fucking sick of paying on these damn things.

Any check i get is going to pay bills.
I told my wife today that my goal by the end of this year is to have all debt paid off and be sticking the majority of our money in the bank, divided up in: Savings (at least 12 months worth of income), retirement, kid's college funds, a misc. account (vacation/auto repairs/etc), and a mad money account for toys.

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post #12 of 45 (permalink) Old 01-28-2009, 06:53 PM
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post #13 of 45 (permalink) Old 01-28-2009, 07:11 PM
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This stimulus packages will do nothing but drag the country down more. You cant fix the economy until you fix whats broke, and throwing money at it wont fix it.

Woohoo; I'M getting 500 dollars that will go towards paying the next months electric bill. Now tell me, how is that going to stimulate the economy???

I don't have the answer to this, but I do know the politicians don't either.......

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post #14 of 45 (permalink) Old 01-28-2009, 07:21 PM
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I can't get over how bad they grilled the auto industry for 50 billion yet let an 800+ billion bail out fly right by . Hell even the first 700 billion was more of a discussion than this last one .......

We are going down the drain faster and faster every day .
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post #15 of 45 (permalink) Old 01-28-2009, 07:27 PM
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its only 800 billion folks we can pay it back!

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post #16 of 45 (permalink) Old 01-28-2009, 07:37 PM
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This stimulus packages will do nothing but drag the country down more. You cant fix the economy until you fix whats broke, and throwing money at it wont fix it.

Woohoo; I'M getting 500 dollars that will go towards paying the next months electric bill. Now tell me, how is that going to stimulate the economy???

I don't have the answer to this, but I do know the politicians don't either.......
You figured it out, the problem is that people aren't spending money. If you send people a check right now it is going to pay off bills or going right into the bank to be hoarded for a rainy day. They can't MAKE people spend money and none of this shit is going to work.

They should have taken the bank's assets like they said they were going to do with the first bailout. If they had done that the banks would be more willing to lend and we'd be in a lot better shape.
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post #17 of 45 (permalink) Old 01-28-2009, 07:45 PM
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post #18 of 45 (permalink) Old 01-28-2009, 07:49 PM
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You figured it out, the problem is that people aren't spending money. If you send people a check right now it is going to pay off bills or going right into the bank to be hoarded for a rainy day. They can't MAKE people spend money and none of this shit is going to work.

They should have taken the bank's assets like they said they were going to do with the first bailout. If they had done that the banks would be more willing to lend and we'd be in a lot better shape.
I agree with this, because it is exactly what I would do. And its the same thing that people did with the last stimulus. Makes you wonder why they decided to change course at the last minute. It damn sure didn't work.
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post #19 of 45 (permalink) Old 01-28-2009, 07:58 PM
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Not that I think another stimulus check is the best plan, but something needs to be done. Obviously the plan under Bush wasn't working, or we wouldn't be in this hole we are in now. Obama's plan does include some changes in where money will go and also 275 bil in tax cuts -- both measures favored by Republicans. He's trying, so run with it. If you guys want to do your part and believe that people should spend their stimulus, start campaigning to everyone you know and get out to the mall and buy stome stuff.

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post #20 of 45 (permalink) Old 01-28-2009, 08:13 PM
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It's only passed in the House, it still has to get through the Senate. To get it through the Senate, every single Democrat and 2 Republicans have to vote for it.
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post #21 of 45 (permalink) Old 01-28-2009, 08:16 PM
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It's only passed in the House, it still has to get through the Senate. To get it through the Senate, every single Democrat and 2 Republicans have to vote for it.
It's not a simple majority rules situation?

1/19/09, the last day of Free America.
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post #22 of 45 (permalink) Old 01-28-2009, 08:17 PM
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This stimulus packages will do nothing but drag the country down more. You cant fix the economy until you fix whats broke, and throwing money at it wont fix it.
Yep.

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post #23 of 45 (permalink) Old 01-28-2009, 08:19 PM
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It's not a simple majority rules situation?
Democrats barely hold the Senate, you need 66 seats to prevent a filibuster.
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post #24 of 45 (permalink) Old 01-28-2009, 08:24 PM
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A picture of The Federal Reserve disguised as Obama.

Talk is cheap because supply exceeds demand!
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post #25 of 45 (permalink) Old 01-28-2009, 08:25 PM
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Things need to fully fall on their own before any type of plans to fix it come into play. Once companies fail that should fail, due to poor management and their spending plans, companies that have been doing well will buy them up and build them to strong empires. A company that has made good business decisions should be able to take a step forward towards something better, versus trying to drag a falling company one stimulus plan at a time.

These companies that are in the shitter are going to fail anyways. Let them be and it'll work itself out. Once they fail, prop up the companies that have been doing well. People will get jobs, people will see the end of the tunnel and start purchasing again. Credit will be available...

This BS of dragging out the inevitable is pointless and a waste of money. Let the domino effect happen and recover once all the dominoes have fallen.

I duno, that my opinion, maybe it's wrong, but it's mine... so fuck it!

500 dollars isn't gonna do shit for me and i'm for sure not going to spend it.
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post #26 of 45 (permalink) Old 01-28-2009, 08:26 PM
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The senate only requires a 3/5's majority (60 votes) for cloture. I wish it was 66, unless Reid decided to help the Republicans out, seeing how he is the bipartisan champion that he is.

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

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post #27 of 45 (permalink) Old 01-28-2009, 08:36 PM
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The senate will be feeling the heat. It will be an interesting vote, and of course Scott is right about the 66 votes. This is why every damn seat is so important, and Al Franken is up there trying to corn-hole Americans. There will be long-lasting ramifications with this coming vote.

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post #28 of 45 (permalink) Old 01-28-2009, 08:44 PM
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I don't want that stimulus! This isn't even money that the government already has. They might as well just say they're putting the mints in overdrive and printing money like there's no tomorrow... maybe he's right
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post #29 of 45 (permalink) Old 01-28-2009, 10:28 PM
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You figured it out, the problem is that people aren't spending money. If you send people a check right now it is going to pay off bills or going right into the bank to be hoarded for a rainy day. They can't MAKE people spend money and none of this shit is going to work.

They should have taken the bank's assets like they said they were going to do with the first bailout. If they had done that the banks would be more willing to lend and we'd be in a lot better shape.
BINGO!

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post #30 of 45 (permalink) Old 01-28-2009, 10:48 PM
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post #31 of 45 (permalink) Old 01-29-2009, 08:17 AM
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Originally Posted by bjtheman1 View Post
$819 Billion Dollars....now I have a question, part of this states tax breaks for $500 per person or $1000 per couple. How does this actually work?
I think it is funny that they actually have to word it like that, "$500 per person or $1000 per couple". The sheeple's ability to do math is so low that they can not figure out that $500 X 2 = $1000.
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post #32 of 45 (permalink) Old 01-29-2009, 08:19 AM
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I think it is funny that they actually have to word it like that, "$500 per person or $1000 per couple". The sheeple's ability to do math is so low that they can not figure out that $500 X 2 = $1000.
$0.99 each or 10 for $10!!!
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post #33 of 45 (permalink) Old 01-29-2009, 08:21 AM
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I think it is funny that they actually have to word it like that, "$500 per person or $1000 per couple". The sheeple's ability to do math is so low that they can not figure out that $500 X 2 = $1000.
I heard for what they are spending, they could issue a $2500 check to every man, woman, and child in the U.S.

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post #34 of 45 (permalink) Old 01-29-2009, 08:42 AM
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yep , usual dem bullshit. just spend it. i really like all the money going to the arts. i'm so fucking tired of my tax dollars going to lame ass artist in ny i could puke. let the moron rich bitches support that shit. we need jobs not some ugly fucking pictures or a fucking ballet .

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post #35 of 45 (permalink) Old 01-29-2009, 08:43 AM
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I heard for what they are spending, they could issue a $2500 check to every man, woman, and child in the U.S.
LOL at sending $2500 to every kid in the US. THAT may actually help... at least in the video game and candy sectors

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post #36 of 45 (permalink) Old 01-29-2009, 09:13 AM
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I heard for what they are spending, they could issue a $2500 check to every man, woman, and child in the U.S.
that would be a better plan than what is being proposed.
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post #37 of 45 (permalink) Old 01-29-2009, 09:26 AM
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So when are we supposed to be getting said Stimulus package?

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post #38 of 45 (permalink) Old 01-29-2009, 09:31 AM
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So when are we supposed to be getting said Stimulus package?
It won't make it to the President's desk until about mid Feb. So not until after that.

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post #39 of 45 (permalink) Old 01-29-2009, 09:33 AM
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So how would this money help to stimulate the economy when the IRS takes everything due back to me and applies it to what I owe to the IRS

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post #40 of 45 (permalink) Old 01-29-2009, 12:35 PM
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So how would this money help to stimulate the economy when the IRS takes everything due back to me and applies it to what I owe to the IRS
Um, if you owe the IRS there isn't anything that is DUE back to you.

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post #41 of 45 (permalink) Old 01-29-2009, 01:07 PM
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Um, if you owe the IRS there isn't anything that is DUE back to you.
I know that, might not have worded it right but was mainly pointing out that the millions of people that owe the IRS will not benefit from a stimulus check so it won't be helping the economy. And all the people that do get another check will most likely put it in saving or payoff/down bills, so again not helping the economy.

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post #42 of 45 (permalink) Old 01-29-2009, 01:13 PM
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I know that, might not have worded it right but was mainly pointing out that the millions of people that owe the IRS will not benefit from a stimulus check so it won't be helping the economy. And all the people that do get another check will most likely put it in saving or payoff/down bills, so again not helping the economy.
What would help with the deficiet would be if all the people that did owe the IRS would PAY THEIR FUCKING TAXES!

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post #43 of 45 (permalink) Old 01-29-2009, 01:14 PM
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Interesting take on the stimulus bill from rush:

http://www.rushlimbaugh.com/home/dai...110.guest.html
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post #44 of 45 (permalink) Old 01-29-2009, 04:53 PM
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Hrm.. DO the math.

The amount they want to spend, divided by the population of the USA.

It comes down to roughly 5500 dollars per person. So basically everyone in the US will be liable for 5500 dollars and they want to give you 500 dollars? Umm... Thats a bunch of BULLSHIT.

The more money they print for all that fucking pork in that bill, the worst our money is worth. No wonder investors are ditching the stock market.

How about this, let the market correct itself on its own? The freaking economy goes up and down naturally.

Now lets look back at Germany 1920's-1930's. The government did the same kind of bullshit. Printed money like it was going out of style. Bread cost 10k marks at that point and more. What happened? They ended up with someone like Hitler.

Look at Russia, same shit, what did they end up with? Stalin and communism.

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post #45 of 45 (permalink) Old 01-29-2009, 06:05 PM
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What about the tax relief portion for anyone who has a tax ID number or SS number. Even illegal aliens will get a tax refund check. We are headed down so many bad roads with this liberal/socialist crap I can't stand it.

And to juiceweezl, come on now, you blame Bush solely for this situation? Have you been paying attention to any neutral or conservative source or just the hard core liberal sources that blame Bush for everything? The Dems were the ones (Barney Frank and friends) who demanded mortgage companies lend to lower credit score people and that is what caused this problem. Bush should have done more to stop it for sure, but saying he bears all the blame, how blatantly unfair if you.

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