Wow obama is simply a moron.

[Born4spd]

He claims to be for the middle class.

Yet he wants to send out another stimulus check, and if i have gotten my **** right. Stimulus checks hurt everyone.

They devalue the dollar (gas jumped when the stim checks were given out).

They are pretty much a tool of the far left.
The government mailing people checks based on income = Vladimir Lenin


Any thoughts?

 

[Manimal]

nice to get, in the end it does devalue the dollar.

I still haven't gotten my stimulus check...

 

[swagge1]

I agree with you. I knew that the stimulus checks would hurt more than help.

Hypothetical situation...
You are a business owner selling products. All of a sudden your customers have a bunch of "free money" from stimulus checks. What are you going to do if you're a wise businessman? RAISE PRICES. Thats what happened and I knew it was going to happen.

The stimulus checks are helping my Gold commodities mutual fund that I'm in though

 

[Pops]

What prices were raised due to the stimulus checks ? The price of oil has been going up everywhere . Europe , Asia , etc . Nor do I see how Gold prices could be affected . Politics aside , can anybody cite factual examples
of the stimulus checks affecting the economy in a negative way ? I'm not saying that it helped , just don't understand how it hurt .

Remember , I said factual examples .

 

[Manimal]

I don't have an article...but.

Where does a government that is $10,000,000,000,000 in debt get $600 for every person that filed their taxes?

They print it on a printing press...it's distributed & spent...it causes more inflation.

 

[jmcrawf1]

I don't have an article...but.

Where does a government that is $10,000,000,000,000 in debt get $600 for every person that filed their taxes?

They print it on a printing press...it's distributed & spent...it causes more inflation.

What he said.....

 

[CajunTim]

It came from China that is also how we are financing the war. We borrowed the money from China so that people could buy products made in China.

What we need to do is Nuke China during the upcoming Olympics and blame Osama. If the world has 5 Billion less people using oil the price would go down. Then we would have to rely on Japan or ourselves to make goods. The price of metals would also go down which would relate to ammo prices going down.

Obama is controlling the price of Oil between him and Oprah they have it. A few weeks before the election Obama will go to Iran and work out some type of deal for world peace. With no tension in the middle east the price of crude will go down. Obabma will be regarded as a world hero and be elected shortly after. He will help the economy and make us a world leader again at the same time we lose our status as a superpower.

Oh yeah my stimulus check is still in my savings account, send me more please.

 

[Pops]

I don't have an article...but.

Where does a government that is $10,000,000,000,000 in debt get $600 for every person that filed their taxes?

They print it on a printing press...it's distributed & spent...it causes more inflation.

Rember the part about " factual examples " ? I respect your opinion , but so far that's all I've seen is opinions . I bet you sent your check back , right ?

 

[CEHollier]

I'm not getting a stimulus check. I'm the working wealthy.

 

[swagge1]

Gold prices are in relation to the strength of the dollar. Gold's value is set relatively at a certain value. When the dollar is weak it takes more dollars to buy the same weight of gold. When the dollar is strong it takes less. I guess I can't cite specific examples of how the stimulus checks hurt the economy. I do know that the economy hasn't gotten any better since the checks came out. That is probably just a coincidence. Pops, how about you cite factual examples pertaining to how we are better off since the stimulus checks. I'm with CajunTim, my check is in savings as well. I'm not an economics major, but I feel certain that these stimulus checks have not done anything to help stimulate the economy like it was intended to do.

 

[tgrshooter]

Pops....It is a fact that our government prints money out of thin air now ever since we have been off the gold standard. It's called Fiat currency. Go look it up.

 

[tgrshooter]

http://www.jbs.org/index.php/jbs-ne...timulus-package-ignores-the-laws-of-economics

 

[LACamper]

A few more dollars in 'Economic Stimulus' money will only speed up the process. The Fed is trying to protect the lenders rather than trying to reduce inflation. If they don't let the lenders crash and do something about inflation soon it'll be the Great Depression again, or maybe Argentina 2001 on a larger scale.
Tim, you may be onto something.

 

[my-rifle]

Hey, easy guys. Pops didn't claim the stimulus checks helped the economy. In fact he specifically stated that. He simply asked for factual examples of prices that went up because of the stimulus checks. I'd like to hear those too.

The checks were not financed by printing money. They were financed the same way the war has been financed - by borrowing from China. How the hell else do you think the government can cut taxes then spend 12 trillion dollars on a war while not cutting any services? The reason the dollar is weak is because the United States' credit is weak, and foreign nations have less confidence that the US currency will hold its value.

Listen folks. I travel in Europe a lot. They really like us there, but they wish we'd get our **** together, so they can trade with us as equals, because a healthy US economy means Europe doesn't have to trade with countries they don't like whose currency is stronger than ours - like China. While the US has initiated "free trade" with China Europe has been resisting it. Everyone there - down to the poorest farmer knows that free trade with China is a death blow. China is a SLAVE ECONOMY, and no free nation can hope to trade with them at anything like equality. Their cost of labor is low, because their people know what happens to them if they don't meet their quotas. The Chinese dictatorship shoots some 20,000 of their own people in the head every year for "capitol crimes". How do you think that affects production in their factories where people get paid pennies on our dollars?

 

[dantheman]

Hey, easy guys. Pops didn't claim the stimulus checks helped the economy. In fact he specifically stated that. He simply asked for factual examples of prices that went up because of the stimulus checks. I'd like to hear those too.

Thank you , That was exactly what I asked .

 

[electrode1998]

I took my China financed rebate to help buy an new China made t.v. and saved the rest in an account. Now I can watch all the liberals run our country into the ground in a larger format. Not to mention I get my NASCAR in better views now too.

I wanted to get another pistol, but I knew the wife would not go for it. She went for the t.v.

 

[CajunTim]

Obama is going to be a sponsor on a NASCAR here shortly.

CajunTim added 1 Minutes and 14 Seconds later...

Now they are saying no
http://nbcsports.msnbc.com/id/25644371/