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President order's money for all
Ditch-Runner
Member Posts: 25,375 ✭✭✭✭
my wife just told me Trump announced he wanted every american to get money from the government with in two weeks and it would be a substantial amount more details to follow but I did read the stock market jumped over the news
remember the old song " golden earring ? "I think did it "money for nothing and chicks for free" ( guess I just have to settle for the money )
remember the old song " golden earring ? "I think did it "money for nothing and chicks for free" ( guess I just have to settle for the money )
Comments
Golden Earring sang "Twilight zone"
I also heard millionaires will not get any of the so called free money were suppose to be receiving
I'll gladly pay you 100,000 next decade for a 1,000 today.
But the economy has been great for pretty much everyone. why haven’t they thought about keeping a cushion for themselves? they’ve got their brand new iPhone but their bank account is empty.
i don’t know. I scrimped and saved - forgoing all kinds of * - and always made every purchase decision based on whether I could afford it in lean times. rarely took a vacation. Bought used vehicles. Worked multiple jobs. Now I sit here comfortably and see people depending on the government teat. FMTT...
I stand corrected.
Remember flying to D,C. to see the sites and stimulate the economy and maybe her too!
Bought 20K of an S&P index fund yesterday just before the close and sold $ 21,000.00 today just before the close. The original 20K turned into $ 21,200 after the announcement.
In 24 hours there is an extra 1K in cash, plus an additional 200 in the fund.
Yes, it is free money, and it is not how I normally play. But...if you can handle the risk, 5% - 10% swings almost daily are hard not to take advantage of. Still way under for the year, of course, but every little bit helps on the way back.
Brad Steele
GM has 0 % financing for 7 yr.
Anyone who does not lose their job or have their hours reduced should not be eligible, which obviously includes most government employees.
Anyone currently on public assistance and not working should not be eligible, as their financial condition will not be affected.
Anyone who was unemployed prior to the panic, and receiving unemployment insurance will not have their financial condition changed, and should not be eligible.
In short, the only people that should be eligible for this are those who's employment condition was negatively impacted by either the virus or government reaction to the virus.
Election years with a GOP President and the Dem Congress have to be the absolute conditions possible for fiscal responsibility.
Brad Steele
Just a months supply of tacos.
Thinking about giving a grand to every US citizen, well now we are talking a lot of money here but IMO the price to our future generations having to make these big paybacks seems not worth a month of tacos!
If they get the money by printing it, it just devalues our currency. If they take tax money for this, they are socialists.
Good call took some guts, I have a strong desire to go in with some dry powder I told the wife if it goes tits up we are no worse off than everyone else and if we only use a tenth of our dry powder we just wait longer to spend that hoping it recovers some day if it never does Oh well. I might pop on a tenth now and if it drops further go another 10th behind that.
If only I could really use the right language that euphemism would be more direct.