For US residents - Obama's stimulus plan checks

[Fletch 219]

I have been reading a lot of stuff about the plan (the checks would be $500 for single people and $1000 for married couples) but have not seen any mention of when the checks will be available. Anyone hear anything?

BTW - in no way do I want this to turn into a political thread. Thanks :)

[PWBIII 0]

I havent heard anything about the checks at all until now. Still hopefully will be stimulating my stick collection.

[Fletch 219]

I'm buying a new lens for my camera.....can't friggin' wait.

[Juice_Slowjamz 0]

I have been reading a lot of stuff about the plan (the checks would be $500 for single people and $1000 for married couples) but have not seen any mention of when the checks will be available. Anyone hear anything?

BTW - in no way do I want this to turn into a political thread. Thanks :)

The bill hasn't even passed the Senate yet.

[Fletch 219]

Well, yes but I'm sure that won't be a problem.

[Chadd 916]

Last I heard there was no cash to individuals, but I've been working a lot the last couple days. As it stands, the government is essentially borrowing $10k per taxpayer. You want real stimulus, give all of that to individuals and not government then watch the economy take off.

That said, I would take the cash. I could use some new scuba gear.

[ntwusc 62]

If that check comes, I'll finally pull the trigger on some custom PPF's in Hartford Whalers' colors circa 1996.

[Juice_Slowjamz 0]

Last I heard there was no cash to individuals, but I've been working a lot the last couple days. As it stands, the government is essentially borrowing $10k per taxpayer. You want real stimulus, give all of that to individuals and not government then watch the economy take off.

That said, I would take the cash. I could use some new scuba gear.

I'm willing to bet dollars to donuts that any rebate check will turn out like every other one has. Not in stimulating the economy, but seeing individuals pay down debt.

[Monty22 833]

If that check comes, I'll finally pull the trigger on some custom PPF's in Hartford Whalers' colors circa 1996.

I approve of your selection.

[cptjeff 0]

Who's eligible?

[jrhky36 1]

Last I heard there was no cash to individuals, but I've been working a lot the last couple days. As it stands, the government is essentially borrowing $10k per taxpayer. You want real stimulus, give all of that to individuals and not government then watch the economy take off.

That said, I would take the cash. I could use some new scuba gear.

backing up chadd on this one. from what i heard no cash but we get a tax break. oh yeah. ;) with all the money the gov gave to the banking exectives so they could remodel their offices for 1.5million. we won't see anything seeing as how the fed will most likely raise taxes to cover all the red ink going now.

[Chadd 916]

Last I heard there was no cash to individuals, but I've been working a lot the last couple days. As it stands, the government is essentially borrowing $10k per taxpayer. You want real stimulus, give all of that to individuals and not government then watch the economy take off.

That said, I would take the cash. I could use some new scuba gear.

backing up chadd on this one. from what i heard no cash but we get a tax break. oh yeah. ;) with all the money the gov gave to the banking exectives so they could remodel their offices for 1.5million. we won't see anything seeing as how the fed will most likely raise taxes to cover all the red ink going now.

And a lot of us really don't get much, if anything, more back on our taxes.

[Fletch 219]

I was under the impression that the tax breaks would be in the form of stimulus checks like we got last year. So much for believing what my co-workers say....

[Fire0nIce228 1]

I stimulused it up and bought a ps3 last time this happened. If it happens again I'm paying down my credit card.

[fastbrother7 0]

If I get any stim check its going to de stimulate my bills. If it wasnt for my new kid, I would have rec'd jack sh!t back form my taxes. The AK pfd between my wife and I put us into a new tax bracket.........brutal

[Chadd 916]

So far we have:

$750 Billion on the TARP program

$838 Billion on the Stimulus package

$1,500 Billion ($1.5 Trillion) on a new Bank rescue program

That's in excess of $3 Billion in less than six months and doesn't include the national, state and local budget deficits that will have to be paid with interest. I want off this out of control carnival ride.

I was watching part of the Obama press conference last night with my wife and had to laugh at one of the things he said. He said that the criticism that he came into office looking to ramp up spending wasn't accurate. My question to that is this; does that mean he was lying when he promised more money to every special interest group under the sun? Or does that mean he is lying now? You really can't have it both ways.

[-venom- 0]

does that mean he was lying when he promised more oney to every special interest group under the sun? Or does that mean he is lying now? You really can't have it both ways.

Well in this case, you could. But then that would mean he'd be lying about it both times <_<

[chippa13 1844]

I hate to say I told you so, but, ummmmmm..........everyone wanted "change".

[RadioGaGa 162]

No matter who 'wins' it's people from the top 1 or 2 % of the population (financially speaking) making decisions affecting the other 98-99%...and they don't have to spend there own money to do it.

Too cynical...maybe.

At least in the States you guys know who's running the show...Up here, we had an election...and we still don't know who's in charge or for how long.

[Monty22 833]

I was under the impression that the tax breaks would be in the form of stimulus checks like we got last year. So much for believing what my co-workers say....

DO you work with Peggy Joseph?

Obama will pay for my gas and mortgage

[epstud74 24]

Your co-workers are ill-informed. I hope you arent asking them for financial advice either. This isnt a stimulus bill, but a spending bill disguised as a stimulus package.

[troy 12]

So far we have:

$750 Billion on the TARP program

$838 Billion on the Stimulus package

$1,500 Billion ($1.5 Trillion) on a new Bank rescue program

That's in excess of $3 Billion in less than six months and doesn't include the national, state and local budget deficits that will have to be paid with interest. I want off this out of control carnival ride.

I was watching part of the Obama press conference last night with my wife and had to laugh at one of the things he said. He said that the criticism that he came into office looking to ramp up spending wasn't accurate. My question to that is this; does that mean he was lying when he promised more money to every special interest group under the sun? Or does that mean he is lying now? You really can't have it both ways.

Just an addition error, but $3 trillion in six months.

Your co-workers are ill-informed. I hope you arent asking them for financial advice either. This isnt a stimulus bill, but a spending bill disguised as a stimulus package.

Disguised as many, many other things as well. Such as this, for example.

[Fire0nIce228 1]

Whats the best country to go live in? I need to start devising an exit strategy for when the United States implodes..

[troy 12]

Well the thing is, nowhere, unless in the event of a real implosion. Anywhere else has these same structural changes to a higher degree.

[Chadd 916]

Whats the best country to go live in? I need to start devising an exit strategy for when the United States implodes..

One with beaches, palm trees, rum and an average temp in the 80s. I've been working on my exit strategy for a while, just wish the crash had been another 12-16 months down the road.

Just an addition error, but $3 trillion in six months.

Typo actually, thank you.