When I get my government check I am going to put it into savings.

I will then spend 41 cents to draft a letter to the white house telling them that is what I did.

Then I will feed the dragon some burritos. Then it's ON.

I can't belive that the gov't thinks that they can send out 300-600 per person and expect them to spend thier life savings in return what do they take us for

Oeh, in the Netherlands we are pretty famous for saving our money, untill a few years ago the only loan a typicall Dutch person would be a mortgage for the house and nothing else. a credit-card was far from standard and even now the debit-card outnumbers the credit-card, alhough less so then let's say 10-15 years ago.

When it got economically uncomfortable in Europe the Dutch prime minister urged us to spend all our savings to jack up the economy and they where even a little reprimanding about saving money for when we actually needed it. But luckily we all had a good laugh about it and generally had the opninion that the politicians finally lost it.

But where there were no lending commercials on TV in the Netherlands they now dominate the media and a lot of people fall for it not realising that money borrowed does mean that they have less to spend monthley because of the pay-back.

Anyway, not only in America for this one .

Hey, they are funding the revolt here people! Don't waste your money on the status quo. Don't save it (for a rainy day?) or go buy a 50" plasma TV so you can futher be assalted. Arm yourselves, go buy as many weapons and ammo as you can! Wouldn't be a bad idea to stock up on whatever you deem a necessity in the event of utter chaos. Or you can decide to flaunt your money in an effort to be better than the Jones' and continue the status quo, no skin off my back. Soon enough, it ain't going to matter and you will see that you wasted your spending power on frivolous crap. I am preparing for an all out war, I suggest you do the same.

I think the Stipulas will be some help... atleast they are doing something for the people... but than they are expecting too much that people will spent their savings...

The government think that one time stipulas will do all... they should reduce the taxes so that people every month can pocket more money... actually our money is going to the Iraq/ Afganistan war...

and they dont want to loose that money... every month 11 - 12 billion

It's going stright to the credit card debt. I hate when politicians play us for fools like this. We are just going to have to pay it back out of higher taxes. Maybe it is the Republican tactic, or even the two party system tactic, to keep us hating one side or the other.

Republican presidency = run up the debt. Seperate cash from the citizen and give it to multinational defense contractors.

Democratic presidency = receive a horrible financial set up and be forced to either raise taxes or close bases thereby falling into the trap of being "anti-american".

The two party system is terrible for making any progress.

Sure, free creditcards for anyone!!

The federal ( NOT GOVERNMENT) reserve will print some more illusions for you!!

Spend money Americans. More debt will help this country back into business!!

ATTENTION: There is an IDIOT in the White House!!!

Spend what I ask!?!? I haven't a penny left to spend on necessities, let alone the luxuries that have kept this ailing economy afloat for so long.

I have been laid off and have almost zero prospects for a position with a sustainable income. Gas prices have shot through the roof to almost $3.50 a gallon. Our grocery bill has almost doubled from just 1 year ago. My medical insurance premiums saw a 30% increase year over year. My house is worth about 15% less than the mortgage note that I hold on it. My interest rates on debt now average over 25% and are sucking a full 130% more of my income each and every month. And did I mention that I can only find jobs paying slightly above minimum wage? Service jobs with no income, no benefits and no prospect of ever supporting a family let alone getting ahead in the world.

This is it, folks. This is the end of the US lifestyle as we have known it. No economic stimulus plan, no bank bailouts and no begging and pleading from the Chief MORON in the White House are going to save us! The dollar is plummeting like a stone and we have no real jobs left in Amerika - since we've sold them all to India and China - at the alter of corporate greed.

Good, I say! Let the whole damned house of cards come tumbling down! These greedy old white bazillionaires were too short-sighted, greedy and stupid to see that they have destroyed themselves. In 1980 the top 1% of wage earners controlled less than 24% of the wealth in the country. In 2000 the top 1% controlled over 40% of the wealth! It's really pretty simple economics... 1% is NOT going to spend their wealth as effectively as the next 99%. When wealth is hoarded at the top of the food chain, that leaves less for the masses to spend. When the masses spend less then business suffers and the recession train picks of momentum. At the current rate those in the top 1% will have amassed a mountain of... worthless paper fiat currency that will no longer have value on the world market. So congrats greedy old white bastards - your greed has finally seen to it to destroy the Amerikan way of life!

And when the depression hits like an asteroid and your money no longer buys you anything - don't you dare knock on my door looking for help! I'd just as soon watch you die of starvation in the street then to feed you my most rotten table scraps!

Honestly, if they are telling us to spend. That means to save and save everything.

Sounds dangerous. I just don’t trust them wanting me to spend my money. I know they don’t. They put it all into their oil stocks and jack the prices up for us. Why they sit back and get rich off of us. They don’t spend they save.

I would take this as a warning to save.

I had seen a program on Discovery or CNN regarding the mortgage problem, they were showing abt Clevland, Ohio. They shown many homes were people were not able to pay there monthly mortgage and they just walked away with their belongings... just like that.. because there house price is lower than ther mortgage...

it was shocking... that was early 2007... when our White house was saying there is no way their will be any recession... than they say... yes there is some slowdown... comes 2008 and they start saying we surly have recession... damn it everybody is saying from last 1 year..

What the experts predict is people will only payback their credit card bills...
life is from paycheck to paycheck...

What I find mind-boggling is that apparantly, money is so tight that Chrysler just said "To hell with it! Let's just close for two weeks this summer, that'll save us some money."

And yet Bush says, "No - Spend, Spend!" He is on drugs or something. On second thought, consumer spending is all we have left after NAFTA so, may as well do your part.

This is insane. It's shameful that one of our largest employers is resorting to this. We are just a few paychecks away from being a third-world country.

Originally posted by stikkinikki
It's going stright to the credit card debt. I hate when politicians play us for fools like this.

I second that. My entire $1800 check will be going straight into debt. I understand that the entire purpose is to get people to spend...but that's not my problem. I probably would've spent it if they hadn't stolen it from my paycheck the first time.

All I need is some money and I'll gladly infuse the economy with it! We may as well spend what they give us now, because it won't be worth the paper it's printed on later.

This is honestly one of the most depressing threads I have read. I feel bad for the American people and the suffering people go through when they lose their job, and consequently their home. I need to take a walk...