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Second Economic Stimulus Check: Obama’s Economic Plan

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The Make Work Pay tax credit will put $400 ($800 for couples) into your pocket and was passed in the recovery and reinvestment plan.

1/15: The Committee on Appropriations just released the an executive summery of the details of the American Recovery and Reinvestment Plan.

Update 10/21: Bernanke recently endorsed a stimulus package and new life has been given to the prospects of a second stimulus package.

Update: Looks like there’s been more movement on another stimulus check. I wouldn’t hold my breath but it’s a step past campaign fodder.

The ink hasn’t even dried on the first economic stimulus checks mailed out last month and this month and there’s already talk of another stimulus package that would include a second stimulus check, tax breaks for the middle class and seniors, as well as debt relief for students. It’s the first economic salvo fired by Democratic Presidential presumptive nominee Barack Obama this week in a speech at the North Carolina State Fairgrounds [full text of that speech]. In his speech, he briefly discussed long term goals but focused on the short term ones, including a second economic stimulus check.

Second Stimulus Check: $50 Billion

The idea of a second economic stimulus check (who can say no to another stimulus check?)is obviously what most people latched onto (though there were no details in the speech itself) and it was the first thing he mentioned in the short term plan.

That’s why I’ve called for another round of fiscal stimulus, an immediate $50 billion to help those who’ve been hit hardest by this economic downturn – Americans who have lost their jobs, their homes, and are facing rising costs and cutbacks in state and local services like education and health care. We need to expand unemployment benefits and extend them for those who can’t find another job right away – especially since the long-term unemployment rate is nearly twice as high as it was during the last recession. And we must help the millions of homeowners who are facing foreclosure through no fault of their own. [Page 3 of speech]

The other things mentioned in that piece is a 13-week (or more) extension to unemployment benefits, a $10 billion Foreclosure Prevention Fund (which would include a credit of 10% of their mortgage interest payment every year), as well as changes to the mortgage industry to include a Home Score system that helps consumers compare mortgage offers and assess payback ability.

Middle Class & Senior Tax Relief

Page 5 goes into, after railing on McCain, how he’ll slash of corporate tax breaks, close tax loopholes, and begin windfall taxing oil companies to help pay for middle class tax cuts. $1,000 of relief for approximately 95% of workers and families, paid for by the windfall profits of Exxon Mobil. His plan also called for the elimination of income taxes for retirees that earn less than $50,000 a year and raising the Social Security tax cap, without changing the retirement age or privatizing Social Security.

There are several more subjects in the speech, such as a Credit Card Bill of Rights and revamping bankruptcy laws, but we’ll have to wait until next week for details on some of the more long term economic plans. Stay tuned…

{ 369 comments, please add your thoughts now! }

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369 Responses to “Second Economic Stimulus Check: Obama’s Economic Plan”

  1. Bill says:

    Give honor where it’s due. Pray for our country and the people who serves it. Haven’t there been enough blaming from the past 8 years? People need to “PRAY” and seek God’s face and hand, then and only then will this situation turn around.

  2. middle age that ant seen nothing yet but already seen enough to last a lifetime says:

    i agree with bill also we ant seen nothing yet ok you need to be worrying about what the bible says and geuss what were living in the last days some people think the bibles a lie well read the last chapter of it and see if now it dont makes sense to you were living in the last days people wake up and start thinking about were you wonta spend eternaty!!!!!!!!!!!!!

  3. Anonymous says:

    illegal imigrants will come out here and apply for a job the same time your feeling out your application. and they will get it quicker than you will, and your an AMERICAN. THAT GOES TO SHOW YOU HOW MUCH OUR PRESIDENTS CARES FOR HIS AMERICANS!!!!!!!!

  4. Mike shelton says:

    Maybe we should put Colin in charge of our economy, he sure seems to know it all, or at least he thinks.

  5. ME says:

    OK now I am not saying I voted for him but Obama does have some good plans for taxes and stuff IF HE FOLLOWS THROUGH I do think as a family of 3 I have one son and husband and we after taxes dont make 30,000 a yr! We are not even middle class now to me someone who has NEVER had over 30 thou a yr 250,000 sounds like a heck of a lot of money and if you dont have any money when u make that much u got problems! Now if I understood correctly he was going to raise taxes for people that make 250,000 a yr and lower us lower class people”s” taxes I am sorry if you are a lil greedy but I personally think that is very fair!!! even if he didnt raise our taxes whats it gonna hurt to take out a little more taxes when your rich? And I personally think stimulas check is a great idea before Christmas otherwise my son wont get much now I know you that make plenty of money thinkn its a bad idea WELL GOOD SEND IT BACK DONT KEEP IT I know when I was younger I paid in ALOT ON TAXES and didnt get anything back cause I lived with my parents to me that money is pretty much money I paid in and never got back but if your gonna gripe about the stimulas check like I said dont keep it cause if you do your being very contradicting and they can use it for someone else who needs it or whatever!

  6. ME says:

    O PS IF YOU READ THE BIBLE IT SAYS NO MAN KNOWS THE LAST DAYS AND IT WILL BE UNEXPECTED FOR EVERYONE SO IF YOUR SAYING ITS THE LAST DAYS THEN ITS OBVIOUSLY NOT BECAUSE YOU ARE EXPECTING IT I DO BELIEVE IN THE BIBLE AND THATS NOT MEANT AS A SLAP IN THE FACE I AM JUST SAYING PEOPLE HAVE SAID FOR YEARS ITS THE LAST DAYS AND GOD SAYS IT WILL NOT BE KNOWN!

  7. People Have No Compassion says:

    How does the bible come into this discussion? I don’t think you know what i mean. If our economy collapses and our dollar is worth zilch how are we gonna defend this country? with sticks and stones? The bible does not have a place in politics as the goverment says, the church’s get taxed so that tells me there classified as a business.

  8. Michelle says:

    ME, I do to believe in the bible. your sooooo right it does say something like this…. no one knows but God, when he’s coming to take HIS people. P.S….. I want to make this plain and simple ARE WE GOING TO RECEIVE ANOTHER STIMULUS CHECK OR NOT!!!!!!!!!

  9. Ray says:

    Mike the problem solver:

    Do you have a clue what you are tyring to say. I don’t think so!!!!!!!!!!!
    Try not to hurt yourself on the next problem.

  10. Knight says:

    $600 would be great to have, that’s a given. It would not do a thing to the economy. It would be a waste tax payer’s money. If the government really wants to help jump start the economy what they need to do is stop the fighting in so many different countries. Given, we do need to fight the war on terror, but why did we go to Iraq? Weren’t they in Afgan?

    In my humble opinion it was the rising price of gas and the global war on terror that hit the U.S. economy. Bush use to run an oil rig company, what happened to it?…bankrupt. Exactly where the US economy is going. The U.S needs help, and WE need it FAST!

  11. Mad as Hell says:

    Well, since everyone is going on about this and that, I’d like to say whats on my mind also. Since I can’t afford Theropy…LOL.

    For one, I am not a “smart” person by no means…… I don’t have a degree in anything. I could never afford to go to college or anything. I have been married for 16 years, and we have worked HARD for everything that we have.
    We have set back for years and watched MANY people draw welfare and food stamps, and keep popping out one kid after another. That they can’t afford, and what does our Gov. do….. They give them more money a month, more food stamps a month, housing, child care, and pay for them to go to college.(the few that actually do decide that they want a better life and to go off the “Draw”) While we don’t have kids because we can’t afford them, yet when we struggle, we can’t get any help at all.
    Even if I could get college paid for, I still couldn’t afford to go, as it takes both of us working full time just to make ends meet. I don’t see the Gov. paying me to live month after month and paying for college for me. Maybe I should pop out three or four kids. LOL. (No really, I wouldn’t do that…… I think that one should have enough sense to not have kids, if they can’t afford to take care of them with pride, and on their own.
    While would I have kids, and live off the system, just to teach my kids how to be lazy, have no self esteem, and teach them to live off the system too. I wouldn’t. I would want better for my kids then that.

    So, another $600.00 for us would be like winning the lottery at this point.

    Does it actually help the economy long term…… Who knows. All I know is that it would really help us out alot right now. It would help us free up some money so that we could go buy something extra here and there. Which does help the economy.

    I could go on for hours about illegal people here, and how it pisses me off that the Gov. isn’t taking care of the problem, when I can’t get a job making more than min. wage right now, and they get things handed to them. And I know that they are handed more things than welfare people.

    ANd how, I can’t afford to get a tooth worked on because I don’t have the money to do so, yet sorry ass welfare people can rush to the emergency room because they have a headache.
    And how I get no help when I need it just because I don’t have kids coming out my ass.

    And then theres the seniors that get screwed everytime they turn around.
    Don’t even get me started on that. When the elders have to choose between food and Medication As the lazy Ass people get everything handed to them, then the Gov. needs to get their heads out of their Asses , and they need to be put in our living situations for about 6 months and then return to their position and make the right changes for the people that are now old, and that worked so hard to make America what is was (Before BUSH) and for the middle class that are loosing everything, and paying for everyone else to set back and be lazy worthless Americans.
    They need to start helping the ones that keep America running through paying taxes and buying shit, instead of shelling out tons of money a month for the lazy people.

    Too harsh??????? Well I am just pissed off and have been for years.

    These are just my thoughts on some things. I maynot be politically correct, I may not have spelled things right, I may get bashed for even typing all of this. But I know atleast 100 people personally that feel the same way. I do love my country. I am very glad to be an American. I just don’t like how things are running right now, and I am very mad about it all.

    And I think personally that the poeple in charge of making the decissions for the American people, shouldn’t have the right to set in those seats and do so, if they are only in it for themselves. I think that they should be sent to prison for accepting money to go a certain way…i.e. Selling us out for money.
    I think that lobbist should have NEVER been allowed in and I think that they should put strong penalties in place for ANYONE caught accepting money to get something passed.
    Their just greedy people, padding their own pockets even when knowing what they are doing to their fellow Americans.
    Its not like they don’t already get paid GREAT wages. I bet they can afford to go to the doctor or dentist when needed. ANd they have a great retirement plan. Any thing else should be handled with strict punishment for selling out their own people……..Off with their heads!!!!!!!

    Well, again I could go on for hours but, I’m finished for now.

    I tell you who I would have voted for, for President ….Lou Dobbs. He’s the man. He would have made a great President!!!!!!! Too bad he didn’t run for it.

  12. Mad as Hell says:

    I can’t believe that people are going on about buying Christmas gifts……

    Yes a few little things for the kids is good, but you don’t have to go wild with it or anything else.

    We haven’t been able to “do” Chrsitmas for a few years now. Yes, its sad, but crap, I would rather have Heat in the house then to spend money on a gift that you can’t afford. Try something new . Make the Holiday about Christ and family time instead of toys.
    When I can’t afford to heat my house, or fill my frig, I am sure not going to go out and spend the stim check on toys.

    Come on people are you going to buy some toys with the money, or pay off a bill so that you have that monthly cost GONE ? ANd alittle extra in your pocket every month because of it.
    Your kids maybe alittle sad that they didn’t get a room full of toys, but believe me, it isn’t going to kill them. And when they get older and have a family of their own, and come on hard times, they will remember back and completely understand why they didn’t get a room full of toys.
    Food, heat, lights, clothing, is way more important than toys.
    Maybe you should have started out teaching your kids that giving is better than receiving. And the whole day could have went to helping feed the homeless instead of unwrapping toys that they really don’t need.

    So you haven’t been able to save any money back for gifts, Well, my bills are getting paid monthly by the grace of God, I don’t have ANY extra money. We eat very cheap simple food, because that is all that we can afford. Our heat is cut down to a min. so that we don’t end up with too high of a bill. My car has needed fixed for 8 months know, and we still don’t have even $50 saved to get it fixed. I sure wouldn’t go out and spend the money on gifts other than one small gift each.
    Just my opinion again.

  13. Mad as Hell says:

    Oh, Just wanted to add this……

    Before I get bashed about it, or someone gets mad about it…

    I also have NO problem with people on welfare and food stamps that have just came into hard times, and need the help for awhile. OR that also have jobs (full time) . I do agree with someone above…. The Gov. SHOULD drug test the people of welfare and food stamps. And if they fall…. Their kids should be taken away from them at that moment, and they shouldn’t get assistance anymore. That alone would cut the number of people living on it BIG TIME.

    I have a niece 23 years old that has 4 YES I SAID 4, kids. She lives on the system. She only works for a month or so, and then quits. SO that she can keep drawing. She is one of the biggest drug addicts I know.
    She had 3 of her kids taken from her because of the drugs, and then had a 4th kid, which she has not had taken from her. There is NO way that she would pass a drug test. She parties as much as she can. Do you think that she is taking care of her kid the right way, when all she does is parties? This is what my tax dollars goes for, and yours too. Her welfare check, goes to drugs. How wrong the system is!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    I completely understand that people fall on hard times, and totally believe that those are the people that it was made to help. But, it was made for Temp. use…… Not to make a career out of it. (for those that do so)

    My problem is when “the Lazy people” make a career out of it.

    Those are the people that I list as “Lazy”. Not the ones that just need the extra help, or that are just Temp. using it because of their current need.

    Heck, I would love some extra help right now myself… Too bad I make Too much money to get any help, although not enough money to make all ends meet. Its that falling through the cracks thing in our system again.

    And about the JOBS post that Americans wouldn’t do those jobs….
    MAN, there for a minute, I re-lived BUSH making that same statement on TV.
    What a bunch of CRAP!!!!!!!!!!!!!!!!!!!!!!!

    Where I work, People are coming in by the loads daily and calling daily asking for a job….. A MIN. WAGE JOB !!!!!!!!!!!
    They just need some kind of money coming in, and are more than willing to work for Min. wage.
    I use to live in Elkhart IN. where jobs use to be a dime a dozen……. Now, you can’t get a job because all the Mexicans (illegals) have them. The place is going to hell in a hand bag.
    Now I live in KY. and there are no more jobs here either. What is it going to take to get people to see that the immigrant (?) problem is WAY out of hand, and the AMerican people need to get something done about it, before there is another Civil War, between the rightful Americans, and the Illegals here, just so that we can have our jobs back!

    We all may have to move to Mexico before too long just to get a job, since their all coming here and our jobs are going out of our country. Hee hee.

    A point that people are willing to work for low pay……..
    A factory took in apps, that isn’t even open yet. ( they wouldn’t even be open for 4 months) They said they would pay $9.00 an hour for line leaders…..and less for production workers.
    They were to hire 250 people.
    Do you know how many Apps. they got in? Over 1500 in 1 day. There was a line of people waiting for HOURS just to put in an Application. Do you not think that if there were someone standing there saying, I’ll give you a job in construction or in the fields picking stuff, for $5.00 an hour that those people would have said no. Are you kidding me, they would have said when can I start. By the way, I know alot of people in Construction and even the lowest paid person makes more than $6.55 an hour. ANd in the fields picking things…. Its not an easy job…. I know people that have done it to support their families, they work hard… You have to be able to pick so much a day….. But the pay isn’t as low as one would think if you do your quota for the day.

  14. Just a thought says:

    Stimulus checks would best be spent on American made products if those are gifts clothes food….but unless you buy wood or wood by products for heat then heating your house with kero would not do much to stimulate the economy since kero comes from oil…..I.E.-middle eastern or south american countries….and my guess is again stimulus check would be to stimulate the economy…….OUR AMERICAN ECONOMY…..and if you can’t afford to heat your house get a better job……find ways to conserve heat or switch the type of heating system you use during summer months instead of going to the beach or bbq…..be the ant not the grasshopper

  15. ME says:

    HAHA MICHELLE I am askin the same question are we gonna frikkin get it or not lol! And SO FRIKKIN what if I wanna have that money for christmas gifts I can afford to pay my bills just dont have much left over afterwards and I dont have alot I paid off my car my husbands car is paid for besides that we got cell house house stuff and insurance so so what if I wanna be able to have extra money for christmas its not like I havent paid in enough money to taxes to get a lil back but thanks alot for thinkin you know what your talkin bout “mad as hell” sorry that u think noone should wanna buy their kids somethin nice because without it they wouldnt be able to my entire stimulas check last time went completely towards my car to get it paid off so its not like I just blew it but ya would be nice this time to have it for my kid this time cause he is the most important!

  16. Robin says:

    I say RUN US THE MONEY! if the govt can give it to AIG for them to go to a spa & have a grand ol’ time, and carry on like they didnt’ run their own company into the ground, then run some more money to us hard working people out here.

    if they really want us to use our 2nd stimulus to “stimulate” the economy they are stupid not to give it to us right now. THEN people WOULD use it for christmas and everyone would be happy.

    Mad as hell dang i dont have time to read your stories, im sure they are worthy of reading, but maybe you should just bounce your ideas off a friend? seems you have NO ONE to talk to writing all that stuff – DANG!

  17. Michelle says:

    I’M FOR EVERYONE IN HERE… TO THE PEOPLE IN THE BIG OFFICE,,, IF YOU SEND US THE PEOPLE OUT HERE A CHECK IT WILL HELP THE ECONOMY!!!! DUH(*$$%^ HELLO!!! it would also help us too….

  18. People Have No Compassion says:

    Bottom line is christmas is coming and were all hurting bad and we need a stimulus pumping, wether u wanna pay your car loan, pay your rent, pay your heating, buy toys for the kids or just stash it away we can surely use it. Petro and corperate greed has sucked the living resources out of us and the least congress could do is PUT ON THERE SANTA HATS AND SAY MERRY CHRISTMAS TO US ALL WITH ALITTLE SOMETHING IN THE MAIL.

    ALL THE ONES THAT PUT US IN THIS MESS HAVE THERE HANDS OUT AND GETTING BILLIONS OF OUR DOLLARS TO HELP THEM OUT SO THE CEO’S CAN TAKE HOME A COOL FEW MILLION BONUS AND THEY CANT HELP US OUT A SECOND TIME WITH A MEASLEY 600.00 CHECK? WUTS WRONG WITH THIS PICTURE? AFTER ALL THEY GET IT BACK IN OUR TAXES, THE ONES ASKING FOR BILLIONS THEY JUST WRITE IT OFF AND ASK FOR MORE

    To the one that made a comment above about not being able to afford toys that even if you got a stimulus you would pay bills and just surround them with family for the holidays. I grew up poverished, christmas is a special day were every child looks forward for that special toy he or she wanted, i mean isn’t that why santa claus is our icon when we were kids? the one special time of that year when every kid gets to write santa a letter and hope for that he will give them that. We all grew up with our past and try to make things better for our kids and try to give them a better upbringing than we had when we were kids so im sorry, i do not think the way you do and yes i do pay my bills before hand and i also toss things around to make sure that they get that one special toy that they have ever wanted. I feel bad for every kid in the world that isn’t able to have this. I wish i could be a super hero santa and could make this happen,.. In regards to a stimulus check, it would be nice bcoz it will make the holidays a bit more bareable, without it.. it would make things a bit more harder but not impossible. Don’t be a grinch, you always have the next month and the next that you can make up alittle bit of it. Santa plays an important role in our kids lives, believe and work hard and you shall be rewarded in life. No one ever said you had to fill this tree with a gazillion things underneath, Just that one thing they most ever wanted has its miracles. I am sure when u grew up and if at all you weren’t able to have that special toy or any at all, you thought deep in your mind that you were a failure or maybe santa forgot you or you try to think of something as to why santa never stopped at your house. It’s not a good feeling! For hundreds of years we have been celebrating this and its sad that our childs imagination should be robbed of this bcoz of american white collar greed that has put us in this mess.

    The Evolution of Santa Claus
    Toward the end of the 18th century, Dutch settlers brought the legend of Saint Nicholas, known to them as Sinter Klaas, to America. Legend has it that Sinter Klaas rode a white horse and left gifts in wooden shoes. This story merged with the British character Father Christmas, who dates back at least as far as the 17th century. Sinter Klaas was eventually Americanized to “Santa Claus.”
    The rituals and fantasy surrounding Santa Claus became fixed in the modern American imagination with the publication of the poem “A Visit from St. Nicholas” by Clement Moore in 1823. Better known as “The Night Before Christmas,” the poem established Santa´s physical appearance (plump and jolly), his mode of transportation (a sleigh pulled by eight reindeer), and his method of toy delivery (down the chimney) for generations to come.

  19. Disgusted says:

    I was a welfare recipient and it helped me. So don’t go saying EVERYONE on welfare should be drug tested and we pop babies. I had a child ’95,’96, and ’97 and I love them dearly and I would change what I did if given the choice to replay my past. Now there are some that do abuse the system but everyone does not meaning we should not be sterotyped. What I think should happen is that individuals should be given a time frame to get back on track. If the persons is not disabled, no, they should not live on it just because they can. They should be held accountable for their actions and made to improve their status by one year. I used it as a stepping stone. I have now graduated college and I was glad help was available for me. I married the father of my children whom is a E-8 in the army. It is nosense for everyone to point fingers. Instead of making assumptions about Obama, maybe individuals that have all the answers should run for president next time. No one man can please everyone, we just have to pray for the best. He is an intelligient man that surrounds himself with the right influential people(some dem. and rep.). He will make the right decisions and yes, a second check would be good. My husband and I make good money but we won’t turn down a check. Those of you that won’t find it useful, you can sign it over to me. I thank all of you in advance.

  20. Jeff says:

    If they would only pass the fair tax we wouldn’t have to worry about stimulus checks, tax breaks or anything else the economy would boom with companys comming back to the united states, illegals and drug dealers would all have to pay taxes when they make there purchases.

  21. Michelle says:

    I hate to disapoint all you people including myself, but i don’t THINK we are going to receive a second stimulus check. and i for one think that just SUCKS!!! They don’t realize that it could and it just might would help the economy…

  22. George W. Bush says:

    my fellow americans, quit complaining and get a job and you will have your six hundred dollars when you earn it with and honest days work. lazy bums hahahahhahha im rich i could care less about you. good luck in the next 4.

    W

  23. Michelle says:

    THAT’S GEORGE BUSH !!!!!!!!!!!!! RICHY RICH!!!! GOD BLESS AMERICAN’S.. :)

  24. Knight says:

    A there Mr. George W. NICE job with the economy. Whether we get the stimulas check or not, it still will not stimulate the economy. The first one didn’t… Why would the second one?

    As for people complaining about not having x-mas gift money and having to use it for heat….Change your life style! Obviously if you move into a nieghborhood with fewer anemities, you wouldn’t be spending that much…”Mad as hell” Babies do not come from people butts…

    They come from people who are blessed by God to have one. Do NOT complain about people who have babies and are asking for wellfare. That money they recieve is for their children. What they choose to spend that money on is on them.

    Everyone should just Stop judging everyone. Stimulus check…Don’t need it….even though it would be great to have one. I would rather give it to someone else in need. That excludes everyone here. For you have internet, computer, and are able to read.

    You want some money??? Sell your computer you are using now and use that to buy your x-mas gifts. Bashing other people so you can feel better about yourself is just ridiculas.

  25. Michelle says:

    Knight,,, that is NOT x-mas!!!! it is CHRISTMAS!!!!!!!!!!!!!!!!!!! Why don’t you try putting CHRIST in your CHRISTMAS?? And if president bush said for everybody to line up for a stimulus check. You would be the first one in line. MERRY CHRISTMAS…..

  26. Knight says:

    Michelle,

    I am sorry if it affends you that i type x-mas instead of Christmas. Do you know why i don’t have to put Christ in Chrismas??? Because it isn’t he’s real birthday. And Christ is in my heart when I pray everynite and go to church. And NO I would not be in line. I’m sure you would even in -30 degree weather. Just shows the kind of person YOU ARE.

  27. George W. Bush says:

    my fellow americans, i would like to thank dick cheney for his fine comments early this evening, ohhh wait a second I mean Knight wink wink. ahahahhahha your all still poor. No presents on X-mas WAAAh WAAAh babies hahahahah. I wipe my ass with your stimulas checks… hahahhaah. good luck in the next 4.

    W

  28. down on luck says:

    i’ve been through this whole line of comments and some people are for the 2nd stimulus payment and some aren’t. so i’m adding my comments from the peanut gallery, i’m 26 have 2 small children my husband is disabled and can’t work for very long when he can get work, i only get a little over a thousand dollars a month working for the state and we’re stuck living in my father-in-laws house ’cause we can’t afford to get a house either renting or buying. another stimulus check would help us greatly.

  29. People Have No Compassion says:

    Knight, sign your check over this way… I’ll split it with everyone else here in need as well. 2nd ur an idiot lame ass lemming, its bad enough we don’t have a life and were suppose to give up the single enjoyment we have that keeps us sane? sure hand over your pc to me and i’ll sell mine.. why don’t you stare at the 4 walls and let me know how you do and as for the 1st stimulus? it did help, it was just not enough,.. also many people either still haven’t gotten there’s or got it way late and for obama’s plan? giving us more than what bush gave us? and with fuel going down.. i think it will set the economy going in the right pace. Sitting back and doing nothing to help the economy is sure gonna have you ready to commit suicide because when the second depression comes around, you sure will be whistling a different tune. If the goverment does not stimulate the economy, i will bet you we will be headed for a depression and that means ur richy rich richness will be worth zilch, nada, zero and you will be in the same boat as us. EVERYTHING IS HANDED OVER TO YOU RICH MUTTS, YOU HAVE NO IDEA WHAT IT IS TO LIVE DAY BY DAY, WEEK TO WEEK. I HOPE GOD STRIKES YOU BROKE.. IT’LL BE WELL DESERVED!

  30. Michelle says:

    Knight, you said you wouldn’t get in line. since you act so RICH. Why dont you go boost the economy up, and it wouldn’t be in the shape that its in. HELP the people out here that has lost there jobs and have children to feed, andthe people who do have jobs are NOT working reg. normal hrs. and so forth! Christmas is right around the corner and the chidren are looking forward to it. Give the people out here to do that with!!!! the people out here are trying to do the best that they can do and to do it with. YES we could use a second stimulus check.

  31. Paula says:

    A second stmulus check would be nice. Why not help the people if they can help with a bailout for the big companies. After all, it doesn’t matter who is in office; we are the ones who a suffering. I have one question. We have all ths money to loan other countries and we never get paid back. Why don’t they collect some of these debts that the other countries owe?
    Think about it if you owe a debt you have to pay it! How bad would this country be if they collected some of these debts? This is just food for thought

  32. Jon says:

    @ Paula – If we’re not paying our debts, how can we expect other countries to pay us?

  33. Knight says:

    “People who have no Compassion” Aye breathe of a gay goat. Quit your dam complaining. This has nothing to do with “being well off”. Cause being well off, I am not. I have the air in my lungs, just enough food on a-would be table, and barely enough to make ends meet. You are just acting like a spoiled b**ch. Commit suicide, wow… I guess that has been on your mind. I don’t blame you. The holidays can be trying at times, when your disgruntled lonely and all you care about is money. I can see how suicide is in your mind. Get a life. Live your life you ignorant piece of s**t. Yes, money makes the world go round. Apparently YOU revolve around money. Gifts with $$$ doesn’t make all children happy. Just the spoiled ones like you. Yes, if you are able to get on this website, type, and complain you DO NOT DESERVE my stimulus. And no, the First Stimulus did not work no matter how much they would have given us, go take an econ course. If it worked we wouldn’t be in this situation you uneducated ignoramus. You know what, I know you’ve been thinking about it, but please don’t commit suicide. Although, if you do, that would mean we would get a bigger stimulus. So go right ahead and f**k yourself you LOSER!

  34. Knight says:

    Michelle,
    Please keep your comments to yourself now… Cuz apparently you have nothing intelligent to add to the conversation. Maybe you and “people have….” Can get together, combine your brain power, so that it will equal to that of a 2 year old. And figure out that the stimulus will not work. Go read a book or something…. AND NO ONLY SPOILED B**ch LIKE YOU! would think about getting money instead of investing in something to actually help the economy. Just so you know. Giving everyone money hurts the economy. Look it up.

  35. Michelle says:

    YOUR SUCH A F___EN JOKE KNITE! HAHAHAHAHAHA!!!!

  36. Michelle says:

    you wouldnt know a b___h if you saw one. not so much as a MF like your sorry a__ that want get out there and help the economy like i SAID!!!!! since you act and sound so rich. oh, but you would be just like bush. YOU REALLY DONT NEED TO BE IN HERE!!!!!! you got me beat you need to quit acting like a ZRO!!!!! THROUGH WITH YOU!!!!!!!!!!! :) :)

  37. Knight says:

    Paula,

    You have a good question. The reason we are not collecting money from countries that owe us is because they can’t. About 30 to 40 % of our debt is owed to foreign countries. Every time the US needs money, they create bonds and they sell those bonds to companies and/or foreign countries.
    With all that being said when you use up your budget financing a war or other activities more bonds are created thus having insufficient funds to pay down the deficit and increasing it instead. The U.S.’s deficit great exceeds all moneys owed to the U.S. So even if they did all decide to pay, it would not even come close to the trillions the U.S. owes.
    financing

  38. People Have No Compassion says:

    PINK KNIGHT! , your the fucking looser and piece of shit. Spoiled? lmao, don’t know what that is, never had that happen to me. Would you like to spoil me with your richness and let me get a taste of it? hmmm i highly doubt that would happen. Ur just an ignorant fuck retard rich asshole, oh and now you wanna say your just making ends meet? whoa in your first post you claim ur rich but now that were bashing ya your trying to hide your wealth as with all the rest of them corrupt fuckers that steal our tax dollars. If stimulus checks dont help than why the fuck have they done it in the past many of times and they will continue to do so. Your a pathetic fucking grinch and yes, i do see that christmas means shit to you. Your probably bald, fat and live alone and masterbate to porn on the internet and have no kids so i can see were the grinch in you comes into play. Stimulus checks do help us when times are really bad so you have no fucking clue. I pay my fucking fair share of taxes not unlike you fucking rich assholes that hide your money in swiss accounts to dodge paying taxes. I also break my ass 10-12 hours a day while your getting your finger nails manicured and your back rubbed by some high priced hoe bag so fuck you and all your lame ass comments. Until you get to live the struggling day to day lives that most of us here are living, keep your mouth shut and glued. MERRY FUCKING CHRISTMAS YOU LEMMING! PS: GAY? LMAO MORE THAN LIKELY UR A PEDOPHILE THAT PRAYS ON LITTLE BOYS. YOU TALK LIKE WE HAVE NO RIGHT TO VENT, WHY SHOULDN’T WE BE PISSED? I’M PAYING FOR SOCIAL SECURITY THAT WONT EVEN BE AROUND WHEN I’M READY TO RETIRE, MY 401K IS NEARLY WIPED OUT, IM WORKING 12 HOURS A DAY, I CANT MAKE ENDS MEET, THERE ARE NO BETTER PAYING JOBS OUT THERE, MY SAVINGS IS NEARLY GONE <———-HOW THE FUCK CAN ANYONE GET OUT OF THIS MESS? SO BEFORE YOU EVEN TALK NEXT TIME, THINK FIRST!! WAIT!! UNLESS YOU AIN’T GOT A BRAIN THAT WOULD BE IMPOSSIBLE. MY APOLIGIES!

  39. stephanie says:

    Mr Knight: Ithink you need to tithe ten percent of your wealth to your church and share with the poor and needy.I have a daughter going to college next fall, if you dont need your stimulus check send it to me.If you are a Christian like you say you are watch your language on this computer children are reading this. Get Christ in your heart and keep him there. Flush that trashy mouth down the toilet where trash belongs.Remember to share all your wealth. Now stop being a grouchy old fart and behave. By the way, Merry CHRISTmas. I hope you never know what is like to be poor and not have a dime to your name and no food to feed your kids if you have any , which I doubt because you are a big fat meany head. Have a nice day!

  40. People Have No Compassion says:

    ooooHHH MR knight!! were are you? funny, here is his post.

    Knight wrote on,

    November 19th, 2008 at 4:45 pm

    You want some money??? Sell your computer you are using now and use that to buy your x-mas gifts. Bashing other people so you can feel better about yourself is just ridiculas.

    ____________________________________________________________________
    Funny as hell, were just venting that we should get a stimulus 2nd round but yet you talk about what others should not do. ARE YOU TRYING TO FEEL BETTER ABOUT YOURSELF OLE RICH MR KNIGHT? IT COMES RIGHT OUT OF YOUR OWN MOUTH! WE WEREN’T BASHING ANYONE, YOUR THE ONE WHO BASHED EVERYONE HERE SO REMEMBER THAT!

  41. Michelle says:

    MICHELLE

  42. People Have No Compassion says:

    LMAO

  43. Knight says:

    Peoplehave no compassion. Suck MY dick bitch! YOU ARE JUST TOO STUPID TO SEE THE OBVIOUS. NO THE CHECK DIDN’T HELP OUT. SORRY TO DISAPPOINT YOU, BUT I M NOT OVER WEIGHT NOT BALD NOR DO I MASTERBATE ALL THE TIME…LOL APPARENTLY YOU ARE YOU FAT BITCH. QUIT GIVING EVERYBODY YOUR DAM DEMENSION…YES YOU SPOILED SON OF A BITCH. GOOD THING THAT YOU DON’T HAVE ANY KIDS…DON’T WANT YOUR STUPIDITY TO SPREAD. NOW TAKE YOUR BLACK SILK UNDERWEAR AND JUMP OFF A CLIFF. DO HUMANITY A FAVOR.

  44. Knight says:

    you guys are sooooo funny….Poor? gee i wonder what that is? Is that like growing up with 6 other brothers and sisters and only having one family income? Or is that waking up x-mas morning and finding no tree or x-mas presents? Or better yet, is it having to fight with my siblings to get a meal? I know, i know.. its a bunch of spoiled rich f*cks who complain about not getting a stimulus. Like i stated. I am not well off… I grew up poor and i still am. To me you are all a bunch of spoiled Bi*chs! Like i said, i have the air in my lungs and food on the table and God in my heart. That is enough. And yes i give what i can at church.

    Peoplehave…You are sooo stupid. Good thing you do not have kids. Now take your black silk underwear and jump off a cliff to end your gene pool. LOL

  45. Michelle says:

    people have no compassion, Its jack sses like that above me we cant pay NO attention to anymore. he has no earthly idea what hes talking about also to himself. hes the one that is sooooooo funny setten back and going DUUUH HMMMM LET ME SEE NOW OOOOPS LIGHT BULB ?????? MARKS. :)

  46. Anonymous says:

    JUST EVERYBODY EVERWHERE LET GO AND LET GOD, HE CAN AND HE WILL FIX IT, CANT WE ALL JUST GET ALONE……..

  47. Hermon says:

    i somewhat have to agree with the dark side of Knight . i think that a lot of people are acting like the big 3 auto makers always expecting a bell out. and it is most likely people that couldn’t balance a checkbook if they had one. most people that fall on hard times are not prepared or not smart enough to plan for emergency’s. while i think that a stimulus check might help a lot of the poor people it is middle class that are wanting to borrow there own money, because we are the tax payers that have to pay it back. :( HAPPY THANKSGIVING TO THE CRY BABIES!!

  48. People Have No Compassion says:

    Ohhh great, just what we need another idiot that has no business being here. Don’t you belong in the rich postings section down the hall mr. lemming hermon? and for knight, i have no more words for you,… your posts explain it all. Idiots and morons should not be spoken too bcoz all your gonna get is moronic talk and mumble words that have no meanings. As for the rest of us, it looks like there is good hope, don’t know if it will happen before the holidays but obama’s plan is to give out 500.00 to singles and 1000.00 to couples. I think the same rule applies for 300.00 additional per child. It’s clear.. bush and is army of lemming republicans in congress won’t budge but as obama said that asoon as he takes office it will go full speed ahead. I think the few rotten apples in here are just upset that the democrats have taken power, it’s about time. Bush and his administration along with the republicans should go down in the Guinness world book of records for the worst to ever lead this country.

  49. Hermon says:

    To the firm of compassion if you think that we the tax payers should bail out every idiot democrat or republican. Then i think you should have some compassion and go buy a new ford chevy or chrysler. I think its idiots and yahoos like you that is always wanting someone else to support your lifestyle because you probably dont pay taxes. And if you think Obama is going to bail you out! you must be dreaming. GET A LIFE!!!! MERRY CHRISTMAS. BY!!!!!!

  50. BLKQUEEN, LINDEN NJ says:

    I’M FOR OBAMA AND ALL THAT HE BELIEVES IN. THERE ISN’T A SINGLE PERSON IN THE WORLD THAT IS PERFECT, INCLUDING ALL THE 43 PRESIDENTS WE’VE HAD NOW 44 WITH OBAMA COMING INTO OFFICE. THE MAN HAS ALOT TO PROVE TO THE NON BELIEVERS AND THE BELIEVERS. I KNOW THIS MAN MEANS BUSINESS WHEN HE DECIDED TO CAMPAIGN FOR THE WHITE HOUSE. HE’S A SMART, INTELLIGENT BLK MAN AND I STRONGLY BELIEVE IN HE AND WHAT HIS PLANS ARE FOR THE FUTURE UNITED STATES.


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