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elgordoboy

Beach Fanatic
Feb 9, 2007
2,507
888
I no longer stay in Dune Allen
Mango, maybe so, I can run with that. However, I have seen that same senerio too many times.
I'll have to start shopping somewhere with less physically attractive women than the San Destin Publix if I am to pay attention to what people are paying with...any suggestions on where the fannies don't look so good and I can go research? (shallow I know but the testosterone will run out soon)
 

chrisv

Beach Fanatic
Nov 15, 2004
630
75
Freeport, Florida
One; how can you justify giving rebate checks to those who pay no tax? This essentially means they are rebating my tax payments to those who don't pay. Unfair at best.

Because they are the ones that will cash it at the same store they spend it...

Two; the stimulus package will come too late to have an effect on the economy. By the time checks are out, it will be clear the economy is already recovering. Another example of wasteful government spending.

You're right. By June, we will hopefully be climbing out of this slowdown/recession. Hopefully.

Two; raising the limits on loans that Fannie and Freddie can purchase to $725K (in some markets) should help to alleviate the current credit crisis and bring down the cost of jumbo mortgages. This could be big. If rates begin coming down due to Banks repricing risk, maybe more buyers would consider new purchases of homes.

Has anyone heard if this will raise the actual limit for 'jumbo's'? Our area could really benefit from such a move.

Three, I was glad to hear they did not extend unemployment benefits or boost food stamps. This would have been a joke.

Saw today that first time unemployment claims dropped last week.

As far as the increase in FNMA and Freddie Mac loan limits, it's still yet to be seen how they will price the "jumbo" loans, so I wouldn't get too excited yet. My suspician is that it will just perhaps give a psychological boost to the credit markets, but they will most likely price in the risk.

If they raise that limit, it just may stimulate interest in some bargain property locally.

I'll have to start shopping somewhere with less physically attractive women than the San Destin Publix if I am to pay attention to what people are paying with...any suggestions on where the fannies don't look so good and I can go research? (shallow I know but the testosterone will run out soon)

My wife won't let me shop there. She makes me go to Kelley's...
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
Explain how someone buying basic necesities is different than you and the wife having the tasting menu at the Ritz B'head in relation to the economic impact. Seems to me money is fungible maybe I am wrong on this.

I believe the difference is that true necessities will be bought anyway, and will not further stimulate the economy. Having a tasting menu at the Ritz is a luxury, and that is additional money being pumped into the economy.
 

scooterbug44

SoWal Expert
May 8, 2007
16,706
3,339
Sowal
The stimulus package is dumb!

Anyone who wants to give their refund to a good cause, I suggest Children in Crisis or Shelter House. :love::love:

$600-$1200 can buy a lot of food, clothing and emergency shelter for people who REALLY need it.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
Too bad that they don't just let you take it off your taxes, which are due in April. That would be faster than putting a check in our hands in June, then again, it wouldn't seem like virtually free money if they did that.
 

chrisv

Beach Fanatic
Nov 15, 2004
630
75
Freeport, Florida
Bless your heart.

Just curious -- do you repackage those GreenWise before you get to the house? lol

Busted.

I just tell her I slaughtered another baby cow.
 
Too bad that they don't just let you take it off your taxes, which are due in April. That would be faster than putting a check in our hands in June, then again, it wouldn't seem like virtually free money if they did that.
Amen, brother. But thankfully there's the option of filing for an extension.

The sad thing is that it's not going to change anyone's lifestyle, and there ain't no free lunch -- we'll all eventually pay it back.

Unfortunately (or fortunately, depending on your point of view), we won't be getting any checks at our house.
 

Redd

Beach Fanatic
May 7, 2007
261
29
Your welcome.

I don't agree with the rebate stimulus at all for anyone.
I wish I could endorse my economic stimulus check to:
"Lawyers Representing the People for the Impeachment of Bush, Cheney and Nancy Pelosi"​

Now there would be a good use of the money.



Huh? Impeach for what?
You get what you vote for and there aint one politician who hasnt made promises they havent kept.
Impeachment is meant for serious serious stuff
Like lying under oath

im?peach
prime.gif
ment
n.
Usage Note: When an irate citizen demands that a disfavored public official be impeached, the citizen clearly intends for the official to be removed from office. This popular use of impeach as a synonym of "throw out" (even if by due process) does not accord with the legal meaning of the word. As recent history has shown, when a public official is impeached, that is, formally accused of wrongdoing, this is only the start of what can be a lengthy process that may or may not lead to the official's removal from office. In strict usage, an official is impeached (accused), tried, and then convicted or acquitted. The vaguer use of impeach reflects disgruntled citizens' indifference to whether the official is forced from office by legal means or chooses to resign to avoid further disgrace.
Word History: Nothing hobbles a President so much as impeachment, and there is an etymological as well as a procedural reason for this. The word impeach can be traced back through Anglo-Norman empecher to Late Latin impedic
amacr.gif
re,
"to catch, entangle," from Latin pedica, "fetter for the ankle, snare." Thus we find that Middle English empechen, the ancestor of our word, means such things as "to cause to get stuck fast," "hinder or impede," "interfere with," and "criticize unfavorably." A legal sense of empechen is first recorded in 1384. This sense, which had previously developed in Old French, was "to accuse, bring charges against."


Now to the subject of the stimulus. The free market has the beauty of making a lot of people a lot of money when the market will bear it.
When the marke cant bear it, then there is a slowdown
Are we there yet?
Employment: High
Inflation : Low
Interest Rates: Low

These are the true indicators of a recession and we just arent there.
Yes, the stock market can dive
Yes they can whine about it. To playcate to their whining is not advisable since they make $$ when the market is up or down


yes its election year but those passing this (bush) are not up for election
So just for once there is no incentive to get re-elected

Me, I take it and run thanks ever so. Would be a better sales pitch to take off some of the fed taxes of the GAS prices since thats the larger part of all the prices we pay in the first place
 
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