Topic: where else can we
TJN's photo
Wed 04/22/09 03:56 PM
Through more money away.

http://news.yahoo.com/s/ap/20090422/ap_on_bi_ge/us_gm_factories

Sure makes me feel good knowing our money was put to good use? Why didnt they just let them do this in the first place?

Jim519's photo
Wed 04/22/09 04:06 PM
this crap pisses me off beyond beleif. They should have let those poor managing fools fail in the beginning and give the money to the american people right away. Anyone who has a social security number, give them $50K directly into their account. That will stimulate the economy!

Drivinmenutz's photo
Wed 04/22/09 04:09 PM

this crap pisses me off beyond beleif. They should have let those poor managing fools fail in the beginning and give the money to the american people right away. Anyone who has a social security number, give them $50K directly into their account. That will stimulate the economy!


Good though, but it wouldn't solve anything. When the money supply increases faster than the GDP, the money is devalued. This means the total value of all the american money won't change unless the GDP changes. You can print all the money you want. All you are going to do is make things more expensive.


Drivinmenutz's photo
Wed 04/22/09 04:10 PM

Through more money away.

http://news.yahoo.com/s/ap/20090422/ap_on_bi_ge/us_gm_factories

Sure makes me feel good knowing our money was put to good use? Why didnt they just let them do this in the first place?


Sounds kinda like when FDR ordered the crops to be plowed into the ground when people were starving...

ThomasJB's photo
Wed 04/22/09 04:27 PM


this crap pisses me off beyond beleif. They should have let those poor managing fools fail in the beginning and give the money to the american people right away. Anyone who has a social security number, give them $50K directly into their account. That will stimulate the economy!


Good though, but it wouldn't solve anything. When the money supply increases faster than the GDP, the money is devalued. This means the total value of all the american money won't change unless the GDP changes. You can print all the money you want. All you are going to do is make things more expensive.




They are essentially printing more money whoever they give it to. Seems it only being squandered in it's present hands. Their big complaint with the Bush's stimulus was that it wasn't being used to purchase things, but surely it is just as useful to economy if it used for paying bills.

Drivinmenutz's photo
Wed 04/22/09 06:52 PM
Edited by Drivinmenutz on Wed 04/22/09 06:53 PM



this crap pisses me off beyond beleif. They should have let those poor managing fools fail in the beginning and give the money to the american people right away. Anyone who has a social security number, give them $50K directly into their account. That will stimulate the economy!


Good though, but it wouldn't solve anything. When the money supply increases faster than the GDP, the money is devalued. This means the total value of all the american money won't change unless the GDP changes. You can print all the money you want. All you are going to do is make things more expensive.




They are essentially printing more money whoever they give it to. Seems it only being squandered in it's present hands. Their big complaint with the Bush's stimulus was that it wasn't being used to purchase things, but surely it is just as useful to economy if it used for paying bills.


This is true.

But i was against all the bailouts and stimuluses back when they started. They need to balance a budget before using money. This should be a rule.

I have yet to see a president change our budget to something we could afford. I have yet to see tax cuts, where half is put against the national debt, and the other have is given back to the people. Society is starting to make me ill with all their complaints about not spending enough, or not holding anyone to a budget plan.