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The Stimulus has arrived, What do you think?By Robert Melaccio, sr(25,028) ![]() ![]() Posted Tuesday, April 29, 2008 View All Blog Posts submitted by Robert Melaccio, sr The now ill famous stimulus package to jump start our economy has arrived. Just what will it mean to average Americans? What do you think? Well lets be realistic the package wasn’t meant for average Americans anyway. Will the poor take it and squander it? Well I know many do not care to hear it but quite frankly in my opinion the answer is yes. They will splurge on something not needed that will provide a momentary lift from their gloom and perhaps satisfy their desire to have a slice of America in some way. That could even be illegal. Hey it’s a momentary lift out of the darkness. What do you think? Yes, if they are lucky they will spend it on a TV., an electronic device, some stereo or sound equipment and upgrade for the family car, an item for the home and then it is gone. As for average Americans, well lets see. Pay a few Credit Cards that are behind, pay the mortgage, fix the car that is broken, pay another debt here or there, perhaps a utility bill, maybe something for the house that is needed but most of the money gone to debtors, insurance companies, car loans, banks. What do you think? Now to the haves, simply, this is throw away play money. The really smart ones will sock it away so they can come back in at the end of the month to see what they earned. The older ones will throw it in a CD or put it into a 401K or other retirement source, perhaps splurge on something they don’t need but now can waste it on. In any case most of it will go to somewhat of a surge in the economy which will show a dividend to these politicians right about election time. What do you think? Will it have a long term lasting impact? What do you think? Will it produce new jobs growth? That is long lasting, stay here, worked by Americans jobs that pay a living wage? What do you think? Lets see, will fuel prices stabilize and come down? What do you think? Now remember that election. Will illegal immigration stop dead and American companies will suddenly begin to hire displaced Americans? What do you think? Will the price of goods and services drop? What do you think? Will foreclosures suddenly diminish or go away? What do you think? Will we suddenly bring the troops home from Iraq? What do you think? Will there suddenly be enough money to fix our nations infrastructure? What do you think? Do you really think this is going to have a long term positive effect on our economy? What do you think? Is this the lull before the real storm? What do you think? Do you realize the winners are the Chinese and other third world nations who now manufacture most of the goods we will buy and who have bankrolled this handout. What do you think? Do not our own credit Card companies do the same? What do you think? So for those who are euphoric about this found money will they be when taxes come due next year, What do you think? Simply put we all are hoping and in fact these so called leaders are more then we. Its like the gambler who rolled the dice one time too many and is now looking for a way to pay back the casino. Where the tire meets the road there the problem lies. It is simple economics, no good paying, stay here jobs, big trouble. What do you think? Now many on the verge are going over the edge. That means those who lend will get to write off more billions while average Americans and the poor will suffer, the low life’s of this world as they deem us, yes never thinking about the usury, the conniving, the exploitation the greed that they inflect. Yes and in my opinion they present themselves in the light, as really all evil does. What do you think? They do it all under the law and that no one can deny. Yet, those who write the law, well what can one say about them? What do you think? Yes, you know me already, know my opinion is we shall know them by what they have done and failed to do. What do you think? So do you really think this stimulus will help in the long run? What do you think? Do you really think these same leaders will bring real change? What do you think? Is it possible, just possible the it will be worse after the election? What do you think? The economic indicators, which as I pointed out in my prior article are always slanted favorably, but in any case where do you think that leaves you average Americans? What do you think? There is no simple solution to this because in my opinion by nature of fact they have destroyed the economic principals that have driven the car. Do you think the speech the president made this morning will really and I do mean really bring help to those in need? Have you asked someone in Foreclosure what their friendly banker has said? In my opinion do you see anything less then greed from Credit Card companies? Will our leaders reduce interest on Credit Card debt strangling many using these cards to survive and even if it will bring immediate help without so much as any real loss or cost? What do you think? Frankly just what does it take for people to wake up? This president doesn’t even think there is a recession. What do you think? We all know and even without that college degree hanging on a wall that they have allowed speculators to come in and drive up prices and they have let loose the world wind that will hurt many all over this planet. So just when is profit enough? What do you think? In my opinion you must stop the pillaging now if it is not already too late to do so. The cat is out of the bag, the snowball rolling downhill and gaining momentum. No, now is the time for everyone to think hardship, food, clothing, shelter, survival because the rich will have but the poor and average, well beware the knock on the door. That is if you still have a door they can knock on. Robert T. Melaccio Sr. 2008 Copyright ©2008 Robert Melaccio This Blog Post has been read 187 times. Posted to ProBlogs.com on Tuesday, April 29, 2008 View other posts by Robert Melaccio, sr Comments on this blog post: No comments yet. Leave a Public Comment or Question: Is Free Trade, Globalism, The New World Order Wrong? Cut and bail what does this mean for average people? Cinco DeMayo, I want my citizenship and cheap labor. Fed changes on credit cards a band-aid. Does anything really change? We live in a Five Star World, yea, right. Can everything you own be worth half? |
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