All aboard!!

Discussion in 'Economy' started by Skull Pilot, Dec 28, 2008.

  1. Skull Pilot
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    Skull Pilot Platinum Member

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    The lines for the government gravy train are getting longer. You better grab your sleeping bag and camp out on the White House steps.

    The latest beggars to board are retailers.

    Retailers Want In on Stimulus Plan - WSJ.com

    The National Retail Federation called for three periods of sales tax-free shopping that would last 10 days each in March, July and October 2009. The trade group estimates that it would save consumers about $20 billion, or $175 per family.

    Under the industry group's proposal, which would exclude alcohol and tobacco sales, the federal government would reimburse states for the lost tax revenue. State sales tax rates range from 2.9% to 7.25%, the group said. The five states without a sales tax -- Alaska, Delaware, Montana, New Hampshire and Oregon -- would also receive monies.


    Now since when does the federal government have the power to compel states to suspend a sales tax? And why should we taxpayers have another 20 billion squandered on yet another bail out?

    This is just the beginning folks. Who else will come hat in hand begging for your tax dollars?
     
  2. Care4all
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    Care4all Warrior Princess Supporting Member

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    If the banks would just loan the money we GAVE THEM TO LOAN OUT, our economy would probably not be in as worse shape as it is now....

    The STUPID BANKS are making this whole situatation WORSE imo....


    And they have been lined up for months, with hands out.....toilet bowl makers to Diamond retailers......ridiculous!!!!

    We need to take the money back from the banks and use it for a better purpose, cuz the guilty as sin banks who had a big hand in this mess ARE NOT loaning the money we gave them as their reward for being IRRESPONSIBLE bastards!
     
  3. indago
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    indago VIP Member

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    http://www.usmessageboard.com/898401-post29.html
     
  4. midcan5
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    midcan5 liberal / progressive

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    Are we to assume you republican conservatives hate America so much you would not want to support business here? See the chart below for where a substantial portion of your taxes go, for once get some values in your cold hearted conservative soul. But on second thought keep up the mindless railing against America and its working people, it didn't help you in the past election, and hopefully you'll all disappear for another hundred years.

    The Federal Pie Chart
     
  5. Paulie
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    Paulie Platinum Member

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    It's definitely not a BAD thing that they aren't loaning money out like candy.

    Whether or not they should have even GOTTEN it, is of course up for debate.
     
  6. Care4all
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    Care4all Warrior Princess Supporting Member

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    Paul....i agree with you BUT WHY would they try to DICK (WITH A BIG ONE), me and matt in the rear, who have never paid a thing late, have a credit rating nearing 800....?

    Seems to me, THEY ARE MAKING this situation worse by this kind of treatment to those of us who are willing to spend and always pays their bills?

    THEY are holding the economy BACK with MORE stupid, knee jerk decisions!!!!
     
  7. Paulie
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    Paulie Platinum Member

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    How are you being dicked?

    If you have a credit rating of 800, and a house, and a job, you are GOLD.

    How are you being dicked? There are so many ways in which you could be profitting from this mess, rather than complaining about the unfairness of it. I mean that in the nicest possible way too, care.

    If your debt-income ratio is good, and you have an 800 fico, you can probably get any loan you want right now.
     
  8. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    I work for a company that has a huge participation in the NRF and I read a lot of what the NRF puts out. Generally it's pretty good stuff, but,
    this has got to be about the most STUPID thing I have ever heard from them.
    It's almost as if people think the federal government is just sitting around with gobs of money it just wants to give away. What a bunch of idiots.
     
  9. editec
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    editec Mr. Forgot-it-All

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    I might on behalf of Rosetta if they don't make the hoops you have to jump through so complex.

    I'm ready now to hire six people: myself, an engineer and four technicans.

    We'd be producing something useful not only for the american people, but people all over the world.

    The return on investment to the world-wide commonweal would be enormous. It would probably have an annual useage of a couple million students and teachers a year.

    It would also generate ten or twenty million dollars worth of educational material for free downloading, too.

    How much would it cost to build such an automated pedagogic system?

    About HALF the going rate for the obsolete M1 Abrams tanks which the DoD is now planning on selling to Australia for $9.3 million dollars EACH.
     
  10. Skull Pilot
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    Skull Pilot Platinum Member

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    Saving the people a whole $175 in a year ooooohhh that'll really help the economy.

    You know what will really help?

    Not adding yet another wedge to your pie chart but cutting taxes across the board drastically so everyone has more money (i don't know like a few thousand dollars more) in their pockets. Adding another chunk of deficit spending that will have to be paid back ain't gonna do nothin'.

    And BTW I am not a republican

    If you cared so much you'd realize that allowing people to keep what they earn is the best bail out there is but maybe all the blood you've lost from your bleeding heart has made you woozy.
     

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