Here's how to spend your tax rebate money
Posted By: sm on 2008-03-18
In Reply to:
How to use the rebate:
As you may have heard the Bush Administration said each and every one of us would now get a nice rebate. If we spend that money at Wal-Mart, all the money will go to China. If we spend it on gasoline it will all go to the Arabs, if we purchase a computer it will all go to India, if we purchase fruit and vegetables it will all go to Mexico, Honduras, and Guatemala, if we purchase a good car it will all go to Japan, if we purchase useless crap it will all go to Taiwan and none of it will help the American economy.
We need to keep that money here in America, so the only way to keep that money here at home is to buy prostitutes and beer, since those are the only businesses still in the US.
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We don't have the money to spend.
That's the problem. They have to borrow the money from other countries. If they keep printing money like its going out of style, our money will have no value and you'll be taking a wheelbarrow full of money to buy a loaf of bread...if you can find a loaf of bread.
As you say, what part of that don't you understand?
And I gave him money and he can spend anyway he wants.
I will be watching with great expectations.
It is his money, he can spend it as he chooses.
What do you think would happen to our economy if everyone stopped spending money? The purpose of Georgie Porgie's stimulus checks were to get everyone out spending money and helping businesses stay afloat.
It takes a lot of nerve telling anyone how to spend their money. That's why it is called "their" money, not yours!
but it is his money to spend as he chooses -
Yes, the economy is horrible, but that does not mean that the people that have money should not spend their money.
I happen to have more money than one of my sisters; however, I don't not spend my money because she cannot afford to spend any.
If he was not spending his personal money on what he chooses, he still would not be giving it to other people to buy cars and pay their mortgages!
Obama says.. "Show me the money". I will spend it
nm
Hello. So, the gov prints fiat money to spend
it's way out of this depression. Let's see if that works for your family.
You lose your job, you have no income, but you spend and spend on your credit cards, up to their max, all 25 of them, thousands of dollars in debt that you will never even be able to pay the interest on, and then the holders of your debt say pay up or we're coming after you, taking your home, everything you own, including your first born. What do you do then? Have you spent your way into prosperity or have you spent your way into bankruptcy?
I'm sure you are not trillions and trillions of dollars in debt, and you probably don't have any printing presses to counterfit monopoly money, but if spending your way to posperity will not work in your family, what makes you think it will work with the government? It can't without dire consequences.
Yeah, spend more taxpayer money on food stamps.
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It is waste alright! You dont spend taxpayer money
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Rebate checks
I'm sure Bush has given us a bunch of ideas on what to "spend" the rebate on. I'm sure he would like more people to use if for gas (he is an "oil" man after all). I'm using mine to help pay down some of my debt. I told DH, why in the world aren't people on TV suggesting that citizens use the money to help pay off their debt, or put in a savings for the future. All I keep hearing over and over is spend, spend, spend. I told him I'm tired of whenever I get some extra cash in (whether from working OT, a b-day gift from a relative, or something like the rebate) it gets spent. Yes I know that to stimulate the economy you need to spend, but when is enough enough. I know of course there are certain things people need, but needing something is a lot different than wanting something and just buying something for the sake of spending. I read somewhere once that if you spend it on gas it goes to the government/oil companies, if you spend it at Wal-Mart and other stores it goes to China, etc. Unfortunately the way the economy is going right now it will help a lot of people with gas and food (2 necessities people can't do without), but is just sad that people will use it for that and then it will be gone. As a side rant....does anyone get as furious as I do at these Visa companies that advertise spend, spend, spend. The ones in particular is all these people charging a cup of coffee or some breakfast item on their charge card, then comes along a person with a check or cash and the music stops and they all look at him/her like they've spoiled all the fun. I really think these credit card companies are getting out of hand when they are constantly bombarding us with commercials to spend (I am faster with the mute button than you can say jack rabbit).
we got a rebate and i pay a lot of taxes, like $7 or $8,000 a year
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Rebate. Dividend. Whatever. From the moose's mouth...
Same catch phrase they have used to rake Obama over the coals...what's good for the goose is good for the gander.
Printing money we dont have? Borrowing money
nm
It takes money to make money. nm
Tax and spend...
but not in that order
"I think at this point there needs to be a focus on an immediate increase in spending and I think this is a time when deficit fear has to take a second seat . . . I believe later on there should be tax increases. Speaking personally, I think there are a lot of very rich people out there whom we can tax at a point down the road and recover some of the money." -- Barney Frank, October 20, 2008
Neither can I. I'm going to spend it
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He never seems to explain how he will spend the
nm
SHE did not spend it, GOP did. - see message
I take great issue with the fact that we have some serious problems in America (unemployment/lost jobs, housing crisis, war, etc) and everyone is focused on where and how much was spent on Palin and families clothes. Hooey is what I say! (sorry don't know how to spelly hooey(who-ee)). Everyone is focused on money. Money, money, money. That's all anyone cares about. Obama is picked and everyone is praising the democratic choice because he is not someone who has been in Washington for centuries like the other. Palin is picked and republicans are critized that she has not been around for centuries. Obama has no experience and that's okay "we need a fresh face with new ideas". Palin is picked who has experience and people chose to ignore that. So everyone wants people who have money in the white house and she is critized for not having enough. Everyone is into the "image". Palin and her family do not live like the high-fallutin (sp?) washington beurocrats do. They don't spent thousands of dollars on clothing. But because "image" is what everyone wants, the GOP buys them clothes. God knows she's made fun of for everything else. She already answered the question. SHE did not buy clothes, etc for her and her family. The GOP did. She has no use for those clothes and they either have been or will be returned. As for people going after her to "verify" this. I think that story is a bunch of crapola! I don't believe it. I have not seen a credible source to verity they haven't returned the items. This is probably like that anonymous coward who is trying to stir up trouble by saying Gov. Palin lost the election for the republicans. Gov. Palin did not lose the election for them. McCain did that all by himself (and GOP for even picking him, and GOP for not picking a different VP candidate). If anything Gov. Palin held it together. Everytime he started diving in the polls she would get out and give speeches and the debate, and his poll numbers would go up. People loved Gov. Palin. Others were just bitter or hateful.
She never "stepped over the limits", because the GOP was the ones who determined that her family had to hold the same image so they did what they needed. The GOP knew very well people would not vote for someone who's family is a jeans & t-shirt type of family. Image. That's all that anyone cares about and if the McCain camp had any chance at all the GOP knew they had to present an image to the public.
She and her family gave everything back. It will be (or has been) verified. People need to stop focusing on this petty insignificant issue and lets move ahead. We will never make this country great if the democrats keep focusing on Gov. Sarah Palin and what has happened in the past. The democrats are always screaming at us stop looking in the past. I read somewhere that this is why the democratic party will fail. Because they don't look ahead, they keep focusing on Palin and keep preferring to kick her while she is down. Leave the lady and her family alone. They've gone back home and you will not have to see them or hear from them again.
LOL. SHE will spend too much in govt?
nm
Really? Then perhaps you should spend your time
reminding the posters who continue to say it ain't so, that Obama isn't really dropping those charges. Talk to them, the rest of us do not live in O land.
Totally against. You cannot spend and get
If you were in debt, what are you to do, I guess get more in debt. Then you beg your family and friends to bail you out and now you owe them plus your debt and it get worse and worse. Finally, bankrupt and could be out in the streets.
Well, isn't that what we are doing with Obama in office? Isn't that what we are doing with this stimulus, but now EVERYONE is involved?
By tomorrow, after this new TARP program comes out by our new treasury, we could be about 2 Trillion dollars in debt total, plus the 750 billion from the previous bailout. We need to pay off our debts and not create more!
I agree that cutting taxes may not have helped, but I believe some of us who are in this mess have done it to ourselves (me included). Some wanted a fancy car, better house, nicer things and we bought and bought (not all of us) and now our nation is running and functioning by being in debt.
Took an 8 hour Crown Ministry class and it was incredible. They have a website and they recommend not to call a credit counselor, but to call one of them and guess what, IT IS FREE and they tell you what to say to your creditors and how to set up a budget plan. I am paying off all my debts no matter how hard I work and getting rid of a car and going by a strict budget.
I believe if this stimulus goes through the way it is by spending and spending, well, the ugly head of inflation will appear. I do not want my credit cards to rise to 30-40% interest or have the bank say, cough up the money honey, nor do I want to pay 12.00 for half gallon of milk.
You should take your two cents and spend it on
Badly needed, I'm afraid.
by your logic you think we can spend sm
our way out of debt???????
There is no logic at all to that line of thinking.
You mean with all the time you spend posting on
Your hubs must make a wad, huh? Seeing as how you obviously dont work a lick.
How much time did you spend watching
the video and confirming every fact? I care about all this and read what I can, but that sounds borderline obsessive. JMHO of course.
Not so much minority, just not as much time to spend on it...
as some seem to have...
It has been my experience with 2 hospital jobs that I had, most of the women, probably 95%, were married and did not need to work. This is going back some 16 years, but it was reasonable back then. A lot of women I worked with talked about how they ocketed their pay in the bank and lived off the spouses pay and benefits.
Times have changed so much. I was a single, newcomer, who needed every penny I made because I lived week to week, but they would always vote down the benefits because they did not need them, and they always put me down all the time. Luckily, there were a few bright shining stars who were open, friendly, and helpful - who taught me SO much about transcription; but the majority, well, not so much.
My point is that our profession has one of the biggest class divisions I think I have ever seen or experienced.
She can spend all the campaign donations she wants
!!
Why would anyone with any sense at all spend $500,000 instead of $12.00 if he could settle it...
Makes sense -- spend 500,000 to block all the lawsuits but not 12.00 for your BC. Where is everyone that was hollering about what was spent on Palin's wardrobe.
Survey: How many hours a day do you spend on these boards? Please?! Thx. nm
.
How much time do you spend on both political boards sm
with an opinion to just about every post out there? Seriously. Are you a transcriptionist? Because if you are, you're in the wrong field.
As passionate as you are on our country and all that is going on, you should channel all of this emotional energy towards actually making a difference instead of rebutting every single statement - both Conservative and Liberal, like volunteering for your local conservative chapter or something.
Write a political column.
Run for office.
You spend plenty of time cat fighting when
nm
I'd rather eat glass than spend a single minute
nm
Spend at least as much time on pub party rehab
What ails your party has next to noting to do with Obama. I don't suppose anyone should expect republicans to recognize the severity of their own party's schisms, especially since their leader thought the economy was "essentially sound" and barely addressed the subject during the campaign.
I heard a sobering statistic yesterday. Among republicans, only 18% of them support SP as a future party leader. I would not be pinning my hopes on her for 2012. Did you happen to notice how brilliant Obama's campaign organization was. That is what you will be up against in 4 years. I am suggesting that the party needs to figure out how to connect with voters between now and then. You have a wide split within your own ranks. Personally, I think they need to move their platform principles more to the center. You may have different ideas. You need to come up with some new blood, and it's not as though you do not have good candidates down ticket who deserve their party's attention in terms of lifting them up into the national spotlight. If you spend the bulk of your time focused on how much you hate Obama and think you can run a successful campaign based on smear, you will be stuck out again.
This in no way implies you should not question him, but if all you have is attacks and offer up no alternatives to policies you oppose, you are bound to repeat these election results in 2012. The party needs a makeover. For starters, a central theme might be nice. Here's a clue for you. Putting all you eggs in the right fringe basket and turning a blind eye to the electorate's desire for bipartisan cooperation and solution's oriented diaglog will lead you straight into the dead end you now find yourselves in.
No problem with checks and balances, but may I suggest you spend at least as much time checking your own party's out-of-control free fall?
Ah yes, governor Rendel, of the tax and spend branch...
of the Democratic party. I saw where Specter finally changed parties...only a formality, he has voted as a Democrat for years. Obama got elected and he wanted on the train...lol.
You must spend more time listening to talking heads
Yeah, and his "viable plan" is only to spend trillions
nm
Yeah, lets spend billions, go into more debt while
nm
On vacation and not watching the news, thanks. I don't spend all my time sm
watching politics so I guess I missed it.
Charging is not spending money...it is spending someone elses money!
When you are debt free (as we are) THEN you spend money...anything else is just going into debt. I highly doubt he pays cash for anything.
Every hour you spend trashing O is one less hour
Just exactly what is it you think the nation needs to hear about? You are running your clock out on an empty tank of gas.
money was cut due to war
I have compassion for those affected by Katrina. It is Bush and his ilk that I have no compassion for. This article states that the money was cut in 2003 due to the war. That is why I posted it. Money has been cut to the states since Bush's war, we are strapped in many ways in America due to Bush's war. Open you eyes and see your president for what he is..a jerk, a low IQ imbecile, and for what he has done to America due to his war.
Money.........
Well, if they don't have money for birth control, they sure as shoot don't have it for a baby BUT in my neck of the woods, there are LOTS of illegitimate babies, mostly by mothers who started at 12, 13, 14 and by high school, had 2 or more. They even sit in school and brag about getting a bigger paycheck because they are pregnant again. Now, really, does that sound like someone who is interested in birth control in the first place? Some of these girls who get pregnant at 12 or 13 don't even think birth control. They usually get talked into sex by a guy several years older than them in the first place, and he is a loser anyway, and usually has fathered several babies already anyhow. And, belive me, most of these girls because of community experiences, already know where the clinics are and they can get there. They sure as heck don't have a problem getting there for all the free healthcare their child gets, usually in the ER on Friday and Saturday night because they are too lazy to get to the clinic through the week. Planned Parenthood isn't doing anything positive for them.
No, I would rather the money be used for ..sm
necessities for Alaska instead of asking the lower 48+1 to subsidize them.
The money that has gone to the war...
has been appropriated for that specific purpose. It was not just lying around waiting to be spent, so there is no reason to believe that if the war were not going on that amount of money would be spent elsewhere. That is not how the government works.
If the government did not help these institutions out, it would destabilize the economy which could trickle down to our banks and what little money we have in them. At least they learned from the fannie/freddie fiasco...when they gave the loan to AIG they kicked the top folks who ran it out, with no golden parachute and will oversee it...and in this case, finally...since it is a loan...if they stay solvent and pay it back the interest will benefit us all as it will go back into the coffers with the principal.
Exactly the kind of thing McCain has been talking about for years. Glad Bush finally listened.
yes, you can if it is your money..
I have done it already.
Sure there are.......you want all your money given as
xx
Of course you would....it's not your money
You'd be screaming a different tune. Even those without it have better sense than to believe this is a terrible thing. The more he makes, the more people he can hire. So clueless and bitter
No, that's not where he's getting his money
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I don't think money should be taken from those
who make more AT ALL. I think there should be a tax PERCENTAGE and it is based on income so it is even across the board. I don't think those who make $200,000 should have a higher percentage than those who make $30,000. There is enough crap out there that doesn't need funding that can go to those who HONESTLY need help.
Those who HONESTLY need help are those who are trying to do something to get out of the whole and can't. Not those who go and buy a house that is way out of their price range, or who pop out 7 or 8 kids just to get food stamps. Not those who live in section 8 government housing for $60 a month and then buy a brand new BMW in someone elses name because they make money selling drugs or working under the table and not reporting it.
I said it is based on grades ALSO. Meaning it is based on both income and grades. Which means if I don't TRY and keep my grades up no matter how little money I make, I'm not going to receive it. That's the difference. No one seems to want to TRY anymore. Everyone just wants more, more, more, and they are doing less, less, less.
My argument is that those who do well for themselves should not have to pay for those who don't give a hoot and don't try to do well for themselves and just sit back and try to let daddy government take care of them.
Where did all that money come from?
Scam after scam keeps coming out. Phony donators sending money with prepaid credit cards that can't be traced. Gee, wonder where the money is coming from ? He is not honest or truthful about anything, and so many people trusting him with their future...sad.
With all the money that
Barrack Obama raised for his campaign.....I wonder who he owes now? I mean....surely some of these people who gave a bunch of money want something in return. Are there promises Obama has promised to keep to individuals who gave him money that we don't know about? This is one reason why I hate political parties. The DNC raised all that money and you have some serious extreme left psychos who gives money and then they want something in return. Does this make Barrack Obama the democratic party puppet now? How does that work?
Where is all this money going to come from?nm
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