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Cmdr. Gravez0r
January 25, 2008, 08:51 AM
When that rebate check comes, instead of doing what the Party tells you to and spending it, sit on it for couple years until no lawmaker can take credit for giving you stuff or energizing the economy which they shouldn't be screwing with anyway.

I know, I want a new shootin' iron too, but I'm sticking to my guns on this (pun intended).

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JWarren
January 25, 2008, 08:55 AM
I'd much rather do exactly what they suggest and spend it. It's 2008... what a better way to spend it than buying a new EBR?


On a side note, like it or not, it IS proven that more money in circulation has a positive effect on the economy. The tax "refund" will likely have a positive, if not large" effect on the economy.


Actually, lawmakers SHOULD have some say on economics. We have repeatedly seen examples of where completely free markets become monopolies or where unethical business practices become the norm.

Rockefeller had no problem machinegunning striking coal workers in a completely free market. Standard Oil had no problems controlling prices and restricting trade in a completely free market. Investment firms had no problem bilking adverage people during the Limited Liability Partnerships of the 80's. Investment analysts had no problems with giving biased stock ratings in order to preserve investment banking interests in the 90s. Subprime lendors with questionable lending practices have hurt the markets as we speak.

SOME regulation is needed. That "Some" is the question-- and who decides is the next one.

-- John

strat81
January 25, 2008, 09:17 AM
Like I said before... go on a vacation to Canada. Spend it there. :)

tinygnat219
January 25, 2008, 09:26 AM
Mine's going into annual contributions toward my Roth Retirement account. This way, it ensures that it will be stimulating the economy 30 years down the road.

45Badger
January 25, 2008, 09:39 AM
Economies and markets run in cycles. Risk is a part of ANY investment we make (car, house, college, stocks, bonds, bank accounts). Some businesses and people risked more than they could afford to lose. Now they are screaming for someone (like me and others not leveraged to the hilt and in debt up to our necks:banghead:) to bail them out of the consequences of their choices. If their bets had played out favorably, would they be sharing the gains? I think not.

The federal government is a rather ham-handed carpenter with a penchant for using blunt instruments. They are reacting to lagging indicators with more deficit spending. Individuals usually make wiser and more acountable choices with money than do governmants. In that sense, the rebate is a good idea. On all other counts, it's digging the hole deeper. The best advice to a guy digging a deeper hole than he wants is, "Stop digging."

Since I probably won't be seeing any rebate, I'll continue to save and invest for my family's future. Ammo for my ARs and M1As seems to be a good inflation hedge:D so I will focus there.:D

RKBABob
January 25, 2008, 11:24 AM
On the news this morning, they described the rebate as...
"the government giving us all a pay bonus in time for summer vacation!" :barf:

Sorry, the government doesn't pay me, I pay them. As far as I'm concerned, it already IS my money. I will use it in exactly the same way I would have if they hadn't pried it from my wallet to begin with.

With that said, I'll have to ask my wife. :neener:

Tyris
January 25, 2008, 11:31 AM
Use it to short the stock market.

-T

ArfinGreebly
January 25, 2008, 11:36 AM
Very thin connection to gun things here, and more than a little connection to political matters.

Let's not go down this road today, fellas, okay?

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