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Originally posted by Blacknapkins
I mean seriously, what would all the citizens use 2.3k for? That's how much each citizen would get with what your suggesting. $2.3k.
Originally posted by antar
reply to post by defcon5
...Since Bush took his office EVERYTHING changed. people were demeaned, they lost their jobs, jobs were outsourced ...
Originally posted by Anonymous ATS
Her and her husband bought the house 4 years ago, but last year got divorced and he moved out, so the household income has been cut in half. Obviously she can not afford the house on her own and should have sold the house once the divorce began. But no, she stays in the house because she feels she is entitled to stay in her home. She now expects the government to help her.
The beauty of America is that everybody has the opportunity to get to the winner side, regardless of where you start. But once you feel entitled to have things you will never look to succeed, just sit back and collect.
By international standards, the United States has an unusually low level of intergenerational mobility: our parents’ income is highly predictive of our incomes as adults. Intergenerational mobility in the United States is lower than in France, Germany, Sweden, Canada, Finland, Norway and Denmark. Among high-income countries for which comparable estimates are available, only the United Kingdom had a lower rate of mobility than the United States.
Originally posted by BlasteR
>Government can print new money almost for free anyway (2 cents on the
>dollar or something stupid). Since they're doing that anyway, why not cash
>out a little more by justifying stimulation of the economy. Look at the
>situation when it was justified last time!! Much less grim..
Originally posted by aaa2500
... the US has to keep printing money to keep the US economy afloat.
Overseeing the program: The bill would establish two oversight boards.
The Financial Stability Oversight Board would be charged with ensuring the policies implemented protect taxpayers and are in the economic interests of the United States. It will include the Federal Reserve chairman, the Securities and Exchange Commission chairman, the Federal Home Finance Agency director, the Housing and Urban Development secretary and the Treasury secretary.
A congressional oversight panel would be charged with reviewing the state of financial markets, the regulatory system and the Treasury's use of its authority under the rescue plan. Sitting on the panel would be 5 outside experts appointed by House and Senate leaders.