05-13-2008, 09:30 AM
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 | Super Stoner Mr. Ganja | | Join Date: Nov 2006 Location: North of mexico and south of Canada
Posts: 8,511
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Quote:
Originally Posted by ViRedd  1. We are in "the shitter" because the Federal Reserve continued lowering interest rates to the point that the country was flooded with dollars, thereby lowering interest rates to an artificially low level.
2. The stimulus checks are nothing more than a pre-election carrot on a stick. The money is being borrowed, probably from China. When the checks arrive, Americans can go out and buy more Chinese made goods. Whose economy is being helped by the stimulus checks? ~lol~
Vi | Pre election stimulus checks, benefiting who, John McCain? Pretty sneaky if ya ask me. Our grandkids will be paying for this for years to come. Dave, I hope you don't lose your job old buddy. There are more than one family one paycheck away from disaster. I remember when I was a young man, I worked two jobs, went to college at night on the GI bill, Bought my first house for 15,000, my wife stayed at home and raised my two babies, and We got along fine. there wasn't a lot of extra money for toys and stuff, but we lived OK. Now it takes two incomes and sometimes three just to get by, well unless there is that silver spoon thingy. A new home is still 150K and up, mostly up. The American dream is a nightmare for most of Americans at present, hopefully, with a change in government it will get better, I did say hopefully. I've noticed that it has gotten progressively worse over the years for people to come from nowhere and make it. |