Economic Stimulus Plan... - Ferrari Life
 
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post #1 of 18 Old 02-15-2009, 01:13 PM Thread Starter
 
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Economic Stimulus Plan...

http://news.yahoo.com/s/ap/20090214/..._who_gets_what

What are your feelings on the economic stimulus plan?

To accomplish great things, we must not only act, but also dream; not only plan, but also believe.-Anatole France
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post #2 of 18 Old 02-15-2009, 01:44 PM
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How much money am I going to give to the government?

My wife stimulates the economy enough.


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post #3 of 18 Old 02-16-2009, 04:19 PM
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one third of what was needed. Get ready for the great depression act two.

This is what happens when you put right wing morons into office. If you are already prepared you have my sympathy this isn't going to be fun.

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post #4 of 18 Old 02-16-2009, 04:20 PM
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should be aren't prepared.

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post #5 of 18 Old 02-19-2009, 11:41 AM
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I feel even the so called prepared will be a high risk...not good times.

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post #6 of 18 Old 02-19-2009, 04:12 PM
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The deal has tons of waste in it. I can't stand Congress and the way they waste our money.

I don't think things are as bad as what was said above. Housing market is starting to stabilize. If unemployment stays at the current level it means we are at the bottom and 1 year from now will start to recover. I guess I am optimistic.
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post #7 of 18 Old 02-22-2009, 10:54 PM
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Stimulus Plan or not,...if you step back hundred and look at the picture, ...the problem is much, much more fundamental. One post can barely start to cover the scope. Capitalism, free market, Adam Smith, global economy, on and on. Values need to be reevaluated. Major paradigm shift ??? What am I saying ???!!! Jimmy
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post #8 of 18 Old 02-23-2009, 01:29 AM
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There is a tendency for Politicians of a certain disposition to think that if you throw enough money at the problem, some of it will stick. A bit like mud. There is enough evidence to disprove this theory IMHO. 'Waste not, want not'.

I agree with Andrew, this thing has to run its course. In the meantime I was thinking of starting an Elite Investment Fund. The minimum required for entry into this exclusive 'P.O.N.Z' fund will be USD10m. I expect it to be oversubscribed as easy, I mean unbelievable investments are hard to find.


Disclaimer: The value of an Investment can go down as well as up. Cash only.



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Originally Posted by Jimmy Chen Shiba DDS View Post
Major paradigm shift ??? What am I saying ???!!! Jimmy
Any suggestions?


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post #9 of 18 Old 02-23-2009, 05:40 AM
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Quote:
Originally Posted by Jimmy Chen Shiba DDS View Post
Stimulus Plan or not,...if you step back hundred and look at the picture, ...the problem is much, much more fundamental. One post can barely start to cover the scope. Capitalism, free market, Adam Smith, global economy, on and on. Values need to be reevaluated. Major paradigm shift ??? What am I saying ???!!! Jimmy
I think I agree with you, Jimmy -- major paradigm shift!


My opinion:

One can not blame the government and industry without not also blaming the people themselves. Greed and foolish decisionmaking are or have been rampant throughout society -- by government, by business, . . . and by millions and millions of everyday people.

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post #10 of 18 Old 02-23-2009, 10:10 AM
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Quote:
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I think I agree with you, Jimmy -- major paradigm shift!


My opinion:

One can not blame the government and industry without not also blaming the people themselves. Greed and foolish decisionmaking are or have been rampant throughout society -- by government, by business, . . . and by millions and millions of everyday people.
Duh! I guess that's why we have laws, and regulators. If you truly understand that you can't trust people because of their greed, then you do something about it, not babble about free markets. That is, unless you're a dumb texan, without the smarts to know when you f'd up and those that supported his stupidity.

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post #11 of 18 Old 02-23-2009, 10:31 AM
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...dumb texan....

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post #12 of 18 Old 02-23-2009, 12:14 PM
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In many ways, Texans are not a bad bunch. Friendly, simple values, etc. Sure don't want to make negative comments, not to offend other Texans who are decent, and besides generalized comments aren't much of use. One thing for sure is that Mr. B should not have been the Commander in Chief, just because he was the son of former. He should have stopped at being a chief of some local boy scouts or city of Houston or Dallas. Well, if Obama people cannot make right decisions,...then we can only rely on time for solution. Things would settle one way or another. There's been too, too much non-regulation in the US. More the better, bigger the better, richer the better, ad nauseum. What's wrong w/ earning millions in bonus, millions just because you happen to hit or kick a ball better, etc. So is a society w/ something like only the top 400 or so people owning more than half of the country's total wealth truly a fair and democratic nation ? If that is the value still, then this country is sick. Companies like Citicorp, Lehman, Goldman Sachs, etc. are mirror images of the society. Money and greed, what's wrong w/ hoarding as much as you can. Oh well, enough for now. So silly of me to rant like this. w/ smiles Jimmy
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post #13 of 18 Old 02-23-2009, 02:01 PM
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Quote:
Originally Posted by Jimmy Chen Shiba DDS View Post
Oh well, enough for now. So silly of me to rant like this. w/ smiles Jimmy

Rant on dude! I am interested in what you have to say

Re Texans - I quite like the 'Dixie Chicks'...maybe I shouldn't have said that...but I do...



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post #14 of 18 Old 02-24-2009, 11:38 AM
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Rant on dude! I am interested in what you have to say

Re Texans - I quite like the 'Dixie Chicks'...maybe I shouldn't have said that...but I do...



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Me too. Especially their song: Not ready to make nice.

I really didn't mean to demean all Texans. However, some of them, especially our last President are so full of themselves, that we get problems. Get people to hang out with, but terrible when it comes to running the country.

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post #15 of 18 Old 02-24-2009, 12:00 PM
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Quote:
Re Texans - I quite like the 'Dixie Chicks'...maybe I shouldn't have said that...but I do...
me too.

what I find interesting is the CW group that still doesn't like to play their music becuase 1. they were Country strong, and 2. because Country people don't like you falling out of the mold.

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post #16 of 18 Old 02-25-2009, 07:11 AM
 
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Dixie Chicks rule !!!

For several reasons:

- They spoke out against George Double-Dumbass Bush
- They toured with K's Coice (and I LOVE K's Choice)
- They don't play regular country, but they spice it up somehow

Shut up and Sing (that movie they did) was great
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post #17 of 18 Old 02-25-2009, 07:50 AM
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Quote:
Originally Posted by Basosz View Post
Dixie Chicks rule !!!
Oh no!! Bas agrees with me!!
...all I can say is...

...Its the End of the World as we know it (and I feel fine)...


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post #18 of 18 Old 02-27-2009, 03:38 PM
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Never mind the already given US mess, what is going on in Europe, especially "former Eastern European countries ? Since I am quite far away physically, curious of their predicaments. Aren't a lot of EU mega banks lending excessively to these countries like Poland, Hungary, et al ? Aren't many of these countries literally borrowing short term loans in EU and Swiss franc derivatives ? Aren't these banks and borrowers going to implode ? I do know that here in Asia, sepecially South Korea is ailing from a similar predicament and their economy and currency value is in dire danger. Europe's problems seem to be on a much, much larger scale that scares me. Certainly hope the EU members can find a way out of their tunnel. Any European members knowledgable here for any comments ? Jimmy

Last edited by Italian Lover; 02-27-2009 at 03:38 PM. Reason: spelling correction
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