[namelessentity]

Originally Posted by integra00

we do pay for the IRS through taxes why shouldn't people be using a service we automatically have to pay for ?

He means all you're going to do is make them even busier creating further delays.

[Chainblade]

Originally Posted by namelessentity

It's based on the last 2 digits of SS#.

i know that, obviously, both my g/f and I fall in the group that was supposed to get theirs on the 9th. mine didn't come until the 16th because there was an error on my taxes I had to fix. but hers should not have a problem. the where's my stimulus payment site still has no status for her at all for some reason. i'm sure she will get it eventually but it would be nice if the IRS was actually organized and knew what they were doing. they sure are when you owe them back taxes but of course they don't work as hard when they owe us.

[Chris]

Originally Posted by hans5849

You mean being a consumer whore?

Then no, I am paying off my CC.

Well that's what it's for. So, good man

[sims]

Originally Posted by Chris

Well that's what it's for. So, good man

thats actaully the oposite of whats its for. The idea is to give people money so that they will go out and spend it to help stimulate the economy.

[travisty08]

i got 600

[MovingTarget]

Originally Posted by Chris

The poll should be:

Are you going to use this for it's supposed to be for?

-Yes
-No

Or both.... yes and no....

You see to pay of credit cards your still stimulating the economy...you pay off debt that you had from buying before which opens room on your credit line - which you'll use again.....

Or if you just use it to pay off the card and NOT buy anything with it you are still stimulating the economy because there is no debt looming in the air for you or the financier.....

It's kind of dumb if you ask me....but I'll still take the money and run!

They take too much out of our money anyway and nothing seems to get better for the working class...the rich get richer and the national debt keeps getting out of control....which is a bunch of malarkey anyway..... so I'll stop now because I am rambling....

[krod]

Originally Posted by namelessentity

It's based on the last 2 digits of SS#.

I also read that if you mailed you tax on or near tax day (like me) and they didn't receive it until after April 15, you go to the back of the line. IRS website says I get mine July 4th.

[Scrubbin_Bubbles]

Originally Posted by krod

I also read that if you mailed you tax on or near tax day (like me) and they didn't receive it until after April 15, you go to the back of the line. IRS website says I get mine July 4th.

There isn't any mail on the 4th

[j0k3r]

I am expecting 1800, married w/ 3 kids. I received a letter from TurboTax stating I will be receiving a paper check because of the way they filed my taxes.

[OcTaNe91]

Originally Posted by sims

thats actaully the oposite of whats its for. The idea is to give people money so that they will go out and spend it to help stimulate the economy.

how can we stimulate our economy if all of our goods are made by china?

[El_Presidente_Pufferfish]

Me and my girlfriend spent ours on airplane tickets. I guess that's stimulating the american economy. Go us.

[Chris]

Originally Posted by sims

thats actaully the oposite of whats its for. The idea is to give people money so that they will go out and spend it to help stimulate the economy.

You're very wrong. The idea of this stimulus package is to give people money to pay off debts that are currently being paid for by China and a few other countries. When Banks like Bank of AMERICA are getting multi-BILLION dollar loans from China to help thwart the cost of peoples delinquent credit/loan accounts, that's what this is for. Why the Hell would it make sense to go out and buy a new TV manufactured in China?

I'll quote something I wrote:

We are a country currently building ourselves upon greed, it's absolutely as simple as that. The Federal Reserve has free reign to print money out of thin air, most of which will be included in this "stimulus package" I'm sure most uninformed Americans are excited about. I can tell you this: the "stimulus effect" the Bush Administration and Ben Bernanke are hoping for isn't going to come, atleast in this country.

In this case, the Fed wants to pump money into the economy so people can pay off personal debts that are currently being paid off by China and other countries. The funny thing is, that's exactly where most of this money will wind up. In China. Most people are going to use this stimulus package as a tool of their greed, and continue to buy foreign goods and turn a blind eye to their own debts, and watch carelessly as our country continues to be robbed and taken advantage of. So in an ironic sense, this is totally a stimulus package, just not aimed at our own economy.

[sims]

Originally Posted by Chris

You're very wrong. The idea of this stimulus package is to give people money to pay off debts that are currently being paid for by China and a few other countries. When Banks like Bank of AMERICA are getting multi-BILLION dollar loans from China to help thwart the cost of peoples delinquent credit/loan accounts, that's what this is for. Why the Hell would it make sense to go out and buy a new TV manufactured in China?

… It’s called the economic stimulus package and not the economic debt reduction package because its purpose is to stimulate the economy, not lowering peoples personal debt loads. An economy is stimulated through spending money on its businesses.

This isn’t really a topic that’s up for debate; the bill to make it happened was passed under that proposal.

There’s no real need to be upset with china. Your anger is totally misguided in that sense; they aren’t the one’s making money had over fist. Its huge AMERICAN companies that are using cheap Chinese manufacturing, parts and labor to hugely pad their profit margins.

When you walk into Wal-Mart and you buy a $10 t-shirt, how much money do you think goes to china? I bet it’s in and around the 75 cent range. The other 9.25 or so goes into Wal-Mart’s pocket, and its dispersed to its employee’s and reinvested into opening more Wal-Mart’s (with little profitable American McDonalds in them). Its money that stays in America, but goes to a company that could care less what happens to American’s, and you’ve done it to yourselfs.

If you really wanted to avoid going to Wal-Mart you might be able find an American company that sells the same shirt but made (completely) in America, only you’d paid double or triple the costs for it because you can pay a Chinese worker less to work hard for a day then you can pay an American worker to work halfassly for an hour. On top of that fact, a plant to manufacture said shirt is considerably more expensive in the US, all the people associated with running and upkeep of the building cost considerably more, the taxes are a lot higher, labor laws exists, materials are more expensive.. I could go on and on and on. From profitability standpoint outsourcing to a poorer country make sense which is why basically every large business does it. Consumers around the world have proven they will in almost every cases purchase the cheaper product as long as quality isn’t to bad.

Even if you go out and spend $30-50 for a name brand shirt here in the US a la Tommy Hilfiger/DC/most any brand you want*, I’d be willing to bet it’s still the same Chinese shirt, but now you have some pretentious American brand name on it, and these companies make even sicker profits per shirt then Wal-Mart(by a lot) because they’ve established a name for themselves via marketing that people have bought into like lemmings.

If you want to try and blame china for the shrinking of the American middle class and the growing divide between the rich and the poor that’s one thing, I would still strongly disagree because the rest of the world prospers in a global economic environment, but there is some basis there. If American’s were willing to pay double or triple the price of all your goods, you might be able to sustain more manufacturing in the US. But the American public’s fault for allowing the banks and the companies that now run your country to do as they please and everyone trying oh so hard to keep up with the joneses at any cost. Nice car,Ipod and brandname shoes > financial future.

Believe me when I say your banks, companies and governments want you in debt. They would NOT give you money to help you get out because the largest most profitable companies in America are getting rich off the money American’s spend and owe. Your country is supposedly in a state of recession and yet Visa, a company that makes money off the amount American’s spend is having record profits and its stock has doubled since march as example.

If your Gov really cared about helping you all out financially they would have gotten the fuck out of Iraq along time ago and wouldn’t have air craft carries and gunships stationed outside Iran waiting to escalade things further. Look at how much of your countries debt is associated with war and how much some of your American companies have profited from it before you start to worry about how much(or little) china is getting.

PS - most big brand name electronics's like TV's don't come from china, they come from japan/Korea/Taiwan and those foreign companies do the same thing we do, they have their products manufactured in China cheaply, and then sell it to American's at large profits for them selfs, they just seem to do a better job of it then you guys do which is why everyone has forign made electronics's.

[nidex]

I got my $300 check, and I'm going to make sure to spend it on nothing that helps the economy.

[Goofus Maximus]

Heh. The way all the prices are rising, they ought to call it the "lessening the pain a little" checks.

[-Sevendust-]

I got nothing yet. I imagine sometime next week.

[integra00]

Didn't the Soviet Union economy fail because of to much military spending ?

[mistawiskas]

I won't get one, it'll go from one building at the IRS, to another to pay down
back taxes.

[Chris]

Originally Posted by sims

… It’s called the economic stimulus package and not the economic debt reduction package because its purpose is to stimulate the economy, not lowering peoples personal debt loads. An economy is stimulated through spending money on its businesses.

This isn’t really a topic that’s up for debate; the bill to make it happened was passed under that proposal.

There’s no real need to be upset with china. Your anger is totally misguided in that sense; they aren’t the one’s making money had over fist. Its huge AMERICAN companies that are using cheap Chinese manufacturing, parts and labor to hugely pad their profit margins.

When you walk into Wal-Mart and you buy a $10 t-shirt, how much money do you think goes to china? I bet it’s in and around the 75 cent range. The other 9.25 or so goes into Wal-Mart’s pocket, and its dispersed to its employee’s and reinvested into opening more Wal-Mart’s (with little profitable American McDonalds in them). Its money that stays in America, but goes to a company that could care less what happens to American’s, and you’ve done it to yourselfs.

If you really wanted to avoid going to Wal-Mart you might be able find an American company that sells the same shirt but made (completely) in America, only you’d paid double or triple the costs for it because you can pay a Chinese worker less to work hard for a day then you can pay an American worker to work halfassly for an hour. On top of that fact, a plant to manufacture said shirt is considerably more expensive in the US, all the people associated with running and upkeep of the building cost considerably more, the taxes are a lot higher, labor laws exists, materials are more expensive.. I could go on and on and on. From profitability standpoint outsourcing to a poorer country make sense which is why basically every large business does it. Consumers around the world have proven they will in almost every cases purchase the cheaper product as long as quality isn’t to bad.

Even if you go out and spend $30-50 for a name brand shirt here in the US a la Tommy Hilfiger/DC/most any brand you want*, I’d be willing to bet it’s still the same Chinese shirt, but now you have some pretentious American brand name on it, and these companies make even sicker profits per shirt then Wal-Mart(by a lot) because they’ve established a name for themselves via marketing that people have bought into like lemmings.

If you want to try and blame china for the shrinking of the American middle class and the growing divide between the rich and the poor that’s one thing, I would still strongly disagree because the rest of the world prospers in a global economic environment, but there is some basis there. If American’s were willing to pay double or triple the price of all your goods, you might be able to sustain more manufacturing in the US. But the American public’s fault for allowing the banks and the companies that now run your country to do as they please and everyone trying oh so hard to keep up with the joneses at any cost. Nice car,Ipod and brandname shoes > financial future.

Believe me when I say your banks, companies and governments want you in debt. They would NOT give you money to help you get out because the largest most profitable companies in America are getting rich off the money American’s spend and owe. Your country is supposedly in a state of recession and yet Visa, a company that makes money off the amount American’s spend is having record profits and its stock has doubled since march as example.

If your Gov really cared about helping you all out financially they would have gotten the fuck out of Iraq along time ago and wouldn’t have air craft carries and gunships stationed outside Iran waiting to escalade things further. Look at how much of your countries debt is associated with war and how much some of your American companies have profited from it before you start to worry about how much(or little) china is getting.

PS - most big brand name electronics's like TV's don't come from china, they come from japan/Korea/Taiwan and those foreign companies do the same thing we do, they have their products manufactured in China cheaply, and then sell it to American's at large profits for them selfs, they just seem to do a better job of it then you guys do which is why everyone has forign made electronics's.

I stand by what I say. The stimulus effect is to help people overburdened by debts, the housing crisis, etc. Hey, if you have ZERO bills to pay (aka living it up), then by all means go out and buy a brand new flatscreen TV. Doesn't matter if its made in China or Chile, you're stimulating someone else's economy with the money.

But I GUARANTEE, that 100% of Americans eligible for this stimulus package can use it to knock out some debt, which is what this is meant for.