Comments on: Can you bounce a stimulus check? http://uscommonsense.net/blog/2008/04/26/can-you-bounce-a-stimulus-check/ Exploring U.S. politics through opened eyes Wed, 17 Mar 2010 03:28:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Administrator http://uscommonsense.net/blog/2008/04/26/can-you-bounce-a-stimulus-check/comment-page-1/#comment-9937 Administrator Tue, 29 Apr 2008 01:39:12 +0000 http://uscommonsense.net/blog/2008/04/26/can-you-bounce-a-stimulus-check/#comment-9937 I just saw a commercial from Comcast regarding the stimulus check. The message, brought to you by "Comcast Spotlight and your local chamber of commerce" tells you that the check is meant to stimulate the economy, so go out and spend it. Interesting that the company is telling you to spend (without saying "pay your bill"). I just saw a commercial from Comcast regarding the stimulus check. The message, brought to you by “Comcast Spotlight and your local chamber of commerce” tells you that the check is meant to stimulate the economy, so go out and spend it. Interesting that the company is telling you to spend (without saying “pay your bill”).

]]> By: Big D http://uscommonsense.net/blog/2008/04/26/can-you-bounce-a-stimulus-check/comment-page-1/#comment-9836 Big D Sun, 27 Apr 2008 13:29:33 +0000 http://uscommonsense.net/blog/2008/04/26/can-you-bounce-a-stimulus-check/#comment-9836 "Why the government didn’t do this is beyond me" You know the answer to that one.... The stimulus was done this way because it looks like the government is giving away money. Only in America do we think that money coming back to us from the Govt. is a gift or prize. If I confiscated your car and then gave it back to you, would you think it a gift? That's the problem with 80% of our citizens. If the economic slowdown is corrected properly, not enough voters will see the effects in a way that would 'stimulate' them to vote. I think that half of our problem is government tinkering with the economy anyway, and the other half is that our population has no education on basic personal financial management or economics. Let the housing market slide down 15%-30%. Let those who are truly in financial trouble abandon the houses they do not own (90+% financed). The lenders who should never have made the loans will suffer, and then they will stop that practice. It will hurt, but why punish those who lived within their means subsidizing those who had no idea what they were getting into? “Why the government didn’t do this is beyond me” You know the answer to that one…. The stimulus was done this way because it looks like the government is giving away money. Only in America do we think that money coming back to us from the Govt. is a gift or prize. If I confiscated your car and then gave it back to you, would you think it a gift? That’s the problem with 80% of our citizens.

If the economic slowdown is corrected properly, not enough voters will see the effects in a way that would ’stimulate’ them to vote.

I think that half of our problem is government tinkering with the economy anyway, and the other half is that our population has no education on basic personal financial management or economics.

Let the housing market slide down 15%-30%. Let those who are truly in financial trouble abandon the houses they do not own (90+% financed). The lenders who should never have made the loans will suffer, and then they will stop that practice. It will hurt, but why punish those who lived within their means subsidizing those who had no idea what they were getting into?

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