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hd-gaming
Poll
Question: Do you want it to pass?
Yes - 9 (42.9%)
No - 12 (57.1%)
Total Voters: 15

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Author Topic: Stimulus Plan  (Read 2004 times)
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vandal2
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« on: February 06, 2009, 10:31:40 AM »

Yes or No
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« Reply #1 on: February 07, 2009, 12:16:44 AM »

tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts
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Mongoose
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« Reply #2 on: February 08, 2009, 01:04:56 AM »

starting a conversation

use more words or less?
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The Grandfather
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« Reply #3 on: February 08, 2009, 01:10:15 AM »

No.

Its a dog eat dog world. Keep it that way. Evolution has its benefits. Strong, wise prevail.
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ariel
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« Reply #4 on: February 09, 2009, 02:33:49 AM »

Well I dont like the exact way they are doing it, I think there are otehr more important things to do with the money (keep the credit markets open, why when the fed rate is .25% home loans are back up to 5 3/8ths%, commercial paper ranges from 10-22%) Most of these layoffs are coming from companies who cant afford to keep things open because the cost of borrowing to just keep their operations running has quadrupled (along with consumer demand dropping). Once this is done then the federal governemnt needs to work on the jobs, but until then we are building the proverbial bridge to nowhere and will find ourselves like  japan in the 90's (they had 9 stimulus packages that did nothing because the cost of borrowing remained high). I also think banks needing so much federal funds should be forced to relinquish majority control to the government. Shareholders have been wiped already, diluting their shares 50% will help them in long run if it is the government intervention that prevents them from failing. There need to be provisions for the government to divest themselves of the banks after 3-5 years.

I find it funny that everyone is bickering over the 800 billion dollar stimulus plan so much. The mere politics of it sickens me. The republicans are suddenly against spending after pissing away a decade (which this is going to be) in Iraq. Also 800 billion is chump change and I think we need more along the lines of 2-3 trillion to make a difference. everybody also moans about the 750 billion in tarp funds. the truth is people dont know, or choose to ignore just how much this is costing us or could potentially cost us.

Quote
The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years and pledged to provide up to $5.7 trillion more if needed.

Only the stimulus package to be approved this week, the $700 billion Troubled Asset Relief Program passed four months ago and $168 billion in tax cuts and rebates approved in 2008 have been voted on by lawmakers. The remaining $8 trillion in commitments are lending programs and guarantees, almost all under the authority of the Fed and the FDIC. The recipients’ names have not been disclosed.

The $9.7 trillion in pledges would be almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve.
« Last Edit: February 09, 2009, 02:50:03 AM by eigervue » Logged
Jesus<3Paddleball!
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« Reply #5 on: February 12, 2009, 08:20:40 PM »

tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts tax cuts

Isn't 1/4 of it tax cuts?
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b@!!ofH8
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« Reply #6 on: February 12, 2009, 08:38:29 PM »

The government will have to borrow this money to give it away.  Who's going to pay back that debt plus interest? Anyone look at the national debt and the upcoming social security obligations lately? The U.S. will be bankrupt within the next 20 years - could be sooner than later.
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Labyrinthine
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« Reply #7 on: February 12, 2009, 09:15:41 PM »

The government will have to borrow this money to give it away.  Who's going to pay back that debt plus interest? Anyone look at the national debt and the upcoming social security obligations lately? The U.S. will be bankrupt within the next 20 years - could be sooner than later.

I'm tellin ya the mayans had it right.

2012 baby.
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b.ho
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« Reply #8 on: February 12, 2009, 09:19:07 PM »

The government will have to borrow this money to give it away.  Who's going to pay back that debt plus interest? Anyone look at the national debt and the upcoming social security obligations lately? The U.S. will be bankrupt within the next 20 years - could be sooner than later.

if i remember correctly, the government was playing over 200 billion in interest in 2007.
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« Reply #9 on: February 12, 2009, 09:23:06 PM »

Isn't 1/4 of it tax cuts?

if the GOP had it's way it'd all be tax cuts
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ariel
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« Reply #10 on: February 13, 2009, 12:50:54 AM »

The government will have to borrow this money to give it away.  Who's going to pay back that debt plus interest? Anyone look at the national debt and the upcoming social security obligations lately? The U.S. will be bankrupt within the next 20 years - could be sooner than later.

I still think that this country lacks the will if not the means to repay our national debt. It would be possible, as a country we had a higher national debt / GDP ratio in the past (sometime in the 1800's iirc) but that would mean cuts that no one is willing to make. Our military budget would have to be cut by 90%, social programs and education eliminated. I think that sometime in the next 50 years the US will default on/inflate away or in some other way get out of paying the full price of our national debt. If this recession really gets bad we should look at this option now, international trade/lending would already be so damaged that defaulting wouldnt cause much more of a problem (compared to just an out of the blue default). No one would like it or trade/lend with us for sometime but hey, we got nukes, suck our dick. The united states is one of the few countries that could be self sufficient if we needed to.
« Last Edit: February 13, 2009, 12:52:28 AM by eigervue » Logged
logicaL!
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« Reply #11 on: February 13, 2009, 08:17:29 AM »

http://www.washingtontimes.com/news/2009/feb/12/earmark-less-bill-gives-pelosis-mouse-cookie/

No pork to see here... move along.
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vandal2
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« Reply #12 on: February 13, 2009, 11:31:21 AM »

I think some things are good, but they are spackled together with all of this bullshit.
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« Reply #13 on: February 13, 2009, 04:49:54 PM »



Most people wouldn't define this as pork.

Pork = Tax deduction for small businesses if they buy a Hummer.

 
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logicaL!
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« Reply #14 on: February 13, 2009, 07:24:07 PM »



Most people wouldn't define this as pork.

Pork = Tax deduction for small businesses if they buy a Hummer.

 

Sorry, got my terms backwards... I meant earmark... although supposedly there are no earmarks in this bill...
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