Stimulus Check
May 2, 2008 3:30pm by Barry Ritholtz
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Friday Night Jazz: Thelonious Monk
I would really love to know what percentage of recipients will have to use some, most or all of it to catch up on their heating bills from the past few months in order to avoid having their local utility cut them off now that winter is over.
Your site is dog slow these days, and it’s freezing my browser as it loads (taking more than 30 seconds some times).
You’re losing customers.
~~~
BR: Yeah, I am aware of it.
It will load much faster in the new version
Ha Ha ….great cartoon. Bush should send the cheques to Canadians as we can still afford to shop for luxuries in the US.
How about a Blackberry friendly website?
Cheers
Scotch, and Short oil.
P.S. Site is as fast as usual.
What kind of chump would have the Gov. take money from you, give it back to you, then Tax you again for it later.
It’s like the Gov. letting you borrow money on their credit card… I won’t even borrow on my credit cards… Why would I use theirs?… and if T-bills go up… I’ll be yet again paying a higher interest rate…. On money I didn’t borrow….. How do I give it back?
Eric Davis – “It’s like the Gov. letting you borrow money on their credit card…”
Geez, next you’ll tell me we’ll see where banks can take your credit card debt and trade it for treasuries at the same time the gov’t is issuing treasuries to send you a cheque to make your credit card payment!
Oh wait, I see…
What do you think the odds for the financials announcing write-ups next quarter?
Seems to be firefox related. Loads quicker on IE 7.
I’M GOING TO PARTY LIKE IT’S 1999, BABY! Then I’m going to buy a new car. Then I’m going to add on to my house. Hell, maybe I’ll buy a new house and give the one I have now to a poor family. Add in a few pairs of designer jeans, some bottles of fine liquor, and a new sofa made of Corinthian Leather. I’ll be set for life from this. From now on, it’s the gravy train. How can it get any better than this?
LOL, love that cartoon, the truth is funny
This rebate is going to change my life so much that I’ll start wearing an ascot, turn into a snob, and stop watching Jerry Springer.
On the other hand, if the rebate makes me so refined that I miss seeing true confessions from grossly obese lesbian transvestite midgets and their pimps on Jerry Springer, then maybe I should just spend it on a better television set and set my sights a little more realistically.
Wait till you get me going about the gas tax holiday…. Sweet, that I’ll be borrowing money at interest to buy America Gas. I won’t even be able to get that money, since I drive about 10 miles a week.(they don’t let me out of the mental ward but once a week).
Also sweet that we reward these assholes who live 100 miles from where they work, And I get to borrow money to subsidise their gas.
Talk about interrupting markets, and natural selection.
Maybe I can convince my local gas station to sell me gas futures…. That is what we need Retail/at the pump gas futures.
>> and a new sofa made of Corinthian Leather.
Cinefoz, you ain’t lived until you sit on genuine New Jersey Naugahyde. (Accept no imitations!)
Dave Barry on the Economic Stimulus Payment
“This year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:
“Q. What is an Economic Stimulus Payment?
“A. It is money that the federal government will send to taxpayers.
“Q. Where will the government get this money?
“A. From taxpayers.
“Q. So the government is giving me back my own money?
“A. Only a smidgen.
“Q. What is the purpose of this payment?
“A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.
“Q. But isn’t that stimulating the economy of China?
“A. Shut up.”
Most of mine has already gone to liquidate the last remnants of my student loan debt. And the $50/month monthly savings will now get rolled over into my car payment and enable me to finish it off by 2/09.
Done!
Debt is great when money grows on trees!
Already spent most of mine on nice headphones and a headphone amp. Is that bad?
I was leaning towards this purchase anyway, the fact that its around what I will be getting in the mail just gave me an added boost. I don’t need this money to afford this purchase.
The money for the amp is going directly to China. Check out the Little Dot MKIII tube amp to see why! The money for the cans is being split by a US internet retailer and AKG in Vienna (the 701s).
Nice cans winston!
My rebate clams are going straight into savings, where they’ll sit until I invest them in puts.
#5 for me, as my liquidity reserve is below where I want it to be.
……Talk about interrupting markets, and natural selection…….
Posted by: Eric Davis | May 2, 2008 5:31:38 PM
…………………
there is no natural selection going on in the US…. look who is the president.
Actually, the reverse, dumb and dumber selection
Buying a copy of Grand Theft Auto IV, an education video game. I’ll learn about pulling myself up by my bootstraps, networking and how to get ahead in management.
6. Do exactly as Mr. Flibble suggests.
AM I BEING SELFISH? I’ll be sending my check to Iraqi because if the government there gets $1 trillion in bank deposits maybe they’ll loosen-up and spend some on security & redevelopement.
Rick Rude I must disagree. Check out the CEO paychecks (particularly those who have run their corporations into the ground by ignoring risk and focusing on personal reward) versus yours and then examine what Presidents make as soon as they leave office and tell me these greedy white boys don’t know how to play the system. Follow the money to see how capitalist natural selection is working. The top of the food chain is getting very fat indeed.
The other day my local paper asked local folks what they would do with their rebate check. Of the five people highlighted, two — yes 2 — said they’d buy tatoos.
Tattoos… more permanent than a temporary tax cut, temporary rebate check, temporary gas tax holiday. I’m thinking these white trash… er… a… simply, fun-loving souls may be on to something.
How about a Social Security tax cut? Why don’t they talk about that? It’s used to cover the current deficit anyway (Which doesn’t matter) and really isn’t going into a lock box. Businesses pay half so it’s pro business, pro-small business even. You don’t pay it if you make over 100K… oh… I see…
…Here, I found some bare skin.
If it pisses you off that we have to subsidize the gas-chugging soccer moms living in their neatly manicured McMansions 50 miles out of town with the proposed gas tax holiday, how must it feel to a soldier in Iraq, doing much the same thing, except that the subsidy is paid w/ his or her own blood?
I’d say that represents, like much else of the last decade, a severe misallocation of resources.
Rick Rude I must disagree. Check out the CEO paychecks (particularly those who have run their corporations into the ground by ignoring risk and focusing on personal reward) versus yours and then examine what Presidents make as soon as they leave office and tell me these greedy white boys don’t know how to play the system. Follow the money to see how capitalist natural selection is working. The top of the food chain is getting very fat indeed.
Posted by: lurker | May 3, 2008 8:42:49 AM
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>…
I agree with you about those bloodsuckers like CEO’s and some politicos. But if you consider that George Bush is a case in point about natural selection,,, a case can be made that natural selection does not work in terms of IQ
“a case can be made that nat. selection does not work in terms of IQ”
rickrude, it never has. Or have you forgotten high school?
where does the stimulus check come from?