[eastbay]

Deflation cannot be tolerated. Bernanke and the rest of guys know this better than we do. It's MANDATORY to create 'some' inflation at any cost in order for the system to function properly.

Expect it to rain from above and from below.

[IgnoranceIsBliss]

Something is very wrong with a nation's economy when it has to hand out cash to keep things limping along.

The very idea of a "stimulus" is just nuts anyway.

It will go to all the wrong places and accomplish nothing.

[sittinguy]

They should just send the flat screen and the bag of weed, directly to my house.. save me a trip out.

[TreeFarmer]

$this->bbcode_second_pass_quote('sittinguy', 'T')hey should just send the flat screen and the bag of weed, directly to my house.. save me a trip out.

[TheDude]

[Stratovarius]

$this->bbcode_second_pass_quote('eastbay', 'D')eflation cannot be tolerated. Bernanke and the rest of guys know this better than we do. It's MANDATORY to create 'some' inflation at any cost in order for the system to function properly.

Expect it to rain from above and from below.

[smallpoxgirl]

Bloomberg: Bush Is `Open to Idea' of Second Economic Stimulus link

[dohboi]

Stimulus originally meant goad or cattle prod. If you keep prodding the cow and it still doesn't move, at what point do you declare the beast dead?

[Stratovarius]

$this->bbcode_second_pass_quote('dohboi', 'S')timulus originally meant goad or cattle prod. If you keep prodding the cow and it still doesn't move, at what point do you declare the beast dead?

[jbrovont]

They'd better knock this sh*t off quick fast.



"You aren't going to like me when I get angry." - The Hulk

[pedalling_faster]

i'm beginning to think that the "bail-out" is not just about keeping the banks going. these f*ckers are bailing out the derivatives industry, also.

i think most of us would agree that it's legitimate to pay for a bail-out of the banks, starting somewhere - the statistic about the top 30 hedge fund managers in 2007 average salary being $500 million.

who sold credit default insurance ? AIG. who got bailed out ? AIG.

which mortgage backed securities is the government taking on ? the toxic ones.

what are the primary categories of credit derivatives ?
* mortgage backed securities
* credit default insurance
* "other"

[nobodypanic]

$this->bbcode_second_pass_quote('sittinguy', 'T')hey should just send the flat screen and the bag of weed, directly to my house.. save me a trip out.

[Loki]

$this->bbcode_second_pass_quote('', 'T')he Fed chief suggested that Congress should include "measures to help improve access to credit by consumers, homebuyers, businesses and other borrowers."

[ReverseEngineer]

Why don't they just send out a monthly stimulus? Then I could quit my job.

I am thinking maybe $1M a month to start, indexed to inflation. I also want 4 weeks paid vacation from not working, full medical and dental coverage and a Company Car and Gas Card. A Private Jet with a Cordon Bleu chef on board, female around 25 with gorgeous legs.

Hey, they give this to AIG Execs, and I don't lose money near as fast as they do! I am a much better risk here.

Reverse Engineer

[mattduke]

I'm partial to Peter Schiff's "modest proposal", whereby we are all issued debit cards which the government can recharge "as needed". It would be much more efficient than an endless series of one-offs.

[smallpoxgirl]

I've got a way better idea. This whole business, I give them money, they turn around and give it back to me, it's so inefficient. How bout we just cancel income taxes this year. That would be so much easier on everyone.

[frankthetank]

Lets get this thing rolling. W is behind it, Obama wants it... I hope this one is a little "chunkier" then the last. I ate that up damn fast

Speaking of stimulus, i'm going to use mine to pay off the dentist. $1000 crown... Insurance picked up $424 of it

[UncoveringTruths]

$this->bbcode_second_pass_quote('smallpoxgirl', 'I')'ve got a way better idea. This whole business, I give them money, they turn around and give it back to me, it's so inefficient. How bout we just cancel income taxes this year. That would be so much easier on everyone.

[emersonbiggins]

We would need a new $150bn stimulus bill enacted and disbursed every month to match the amount of money that was lent through mortgage equity withdrawals near the height of the bubble. Yeah.

/the more you know

[Sixstrings]

$this->bbcode_second_pass_quote('', 'D')ec. 4 (Bloomberg) -- The one thing that isn’t shrinking in the U.S. economy these days is the size of the stimulus package that financial experts say is needed to turn it around.

With automobile sales dropping, payrolls plunging and manufacturing contracting, economists from across the political spectrum are raising the ante on how much the government should lay out. Some are now calling for at least a $1 trillion boost.

“They need a stimulus of $500-to-$600 billion a year for at least two years to counter what is going to be a collapse in consumption,” said Rogoff, a former chief economist at the International Monetary Fund.

That number may grow. This week brought news that the economy has been in recession for a year. Tomorrow the government will release November employment data, which economists say will show another 330,000 jobs lost, the most in seven years.

http://www.bloomberg.com/apps/news?pid= ... refer=home