Bush wants to give you $800, ..... Options

[Galcobar]

Just remember, that $800 isn't coming from nowhere -- hell, it's not even coming from the taxes you've paid. Those were already spent. It'll come from the ever-increasing US national debt whose interest payments are already eating tax dollars by the bucketload, the bucket-size also increasing.

Then again, it's not as if the government isn't doing the same thing its citizens have perfected: short-term thinking leading to an unescapable debt hole.

That's why the sub-prime mortagage trend is causing this economic slowdown -- lending to people who can't afford to pay it back created an unsustainable economy and we're seeing the correction now. Exactly the same as the Asian flu, except you'd think the financial institutions would have learned something from watching most of a contienent drop into a massive recession a decade ago.

[95CelicaST]

That's why the sub-prime mortgage trend is causing this economic slowdown -- lending to people who can't afford to pay it back created an unsustainable economy and we're seeing the correction now. Exactly the same as the Asian flu, except you'd think the financial institutions would have learned something from watching most of a continent drop into a massive recession a decade ago.

Correct. Low interest rates and no closing costs led to the idea of "anyone can own a home". Everyone was out getting a loan. Then people couldn't afford the place, and now the banks are out paying on them, which leads to banks not lending as much as often, which then leads to the slump.

But analysts are suspecting to end this year ('08) in the green. The weak US dollar means people from other countries are looking for a deal. They're coming over to spend their money in our market while it's down, which will lead to the market returning to it's rightful place.


All the while the US deficit is ~$5,000,000,000,000 strong...and growing (every time I say this it reminds me of the Flintstones vitamin commercials )

[97lestyousay]

The last time something like this happened it was also on an election year. hmmm... coincedence?
doubtful. Bush raised the child tax credit last time from 600 to 1000. I'll take the money
regardless of the motive though.lol

[Consynx]

Sex Panther

[spolski07]

Sex Panther

isnt that made with real bits of panther?

[Supersprynt]

50% of the time, it works every time.

[D-Man]

Sex Panther

isnt that made with real bits of panther?

Ha! Don't you wish it was.

It's all artificial panther flavoring.

Real panther is so expensive because you have to buy it from the zoo. Have you ever bought anything from the Zoo? It's Expensive. You'll need your $800 check and a friends...

Although dirty and smelly pirates sound like fun too... i must admit I will Pay off whatever small debt i have, then go for quanity. Makeing a fender and (maybe) a bumper the most expensive things... Right after that PS3. HAHAHAH!

This post has been edited by D-Man: Jan 25, 2008 - 12:26 PM

[shin]

so this is $1200 (married) + $300 (i have a baby) + watever tax rebate we get?

[GriffGirl]

so this is $1200 (married) + $300 (i have a baby) + watever tax rebate we get?

Yes. But it's more like THIS is in addition to your tax refund, not the other way around. You won't see this rebate until May or June.

[Chanh55]

I did my taxes already... I didn't see sh*t...

[DEATH]

You won't yet Chanh - just like the child refunds we got a few years ago, it will be during the summer when we get this back.