Bailing us out with $1000

[airdvr 197]

1 minute ago, billvon said:

And Airdvr, welcome to the land of socialism as well.  

We've been semi-socialist since the depression.  I just don't want to go full ret*#d.  ANd, thanks for the respect, but my handle doesn't start with a capital letter.

[billvon 2,382]

4 minutes ago, airdvr said:

We've been semi-socialist since the depression.  I just don't want to go full ret*#d. 

Well, good on you for taking another step towards it, then.  Let's hope you keep this in mind when you are tempted to start another anti-socialism rant; would be good to keep in mind that that would be a little hypocritical.

[airdvr 197]

Frankly, I won't be seeing any money.  I hope it gets to the people who need it quickly.

[jakee 1,254]

4 hours ago, brenthutch said:

Joe, just what do you think the rich folks do with their money?  They sure don't put in a giant vault like Scrooge McDuck, and swim in it.

They buy a second house.  Helps the builders

Buy a car.  Helps the car workers

Go on vacation.  Helps the travel industry

Go out to eat. Benefits cooks, waitresses, bar tenders, etc

Except you don't need that much money to buy a second house, or car, or vacation, or to go to a restaurant. You need to be well off, but not rich. I mean, how many restaurants can you get into once you've made your second billion that don't return your calls if you've only got one?

 

In the real world outside of your Republican trickle down wet dream, hoarding money is exactly what rich people are doing. Not only is wealth being increasingly concentrated in the hands of the uber rich, the excess wealth they have is increasingly being kept inert as liquid cash. Completely removed from the economy, doing nothing and benefitting no-one. The proportion of extant wealth not circulating through the hands of all those noble workers you mentioned is skyrocketing and it is precisely because rich people have been taking wealth management lessons from Scrooge McDuck. It's not a joke, it really is what they do.

 

Rich people are hoarding cash, and wealth managers are getting frustrated

 

http://www.ipsnews.net/2018/01/wealth-concentration-continues-increase/

Edited March 20, 2020 by jakee

[headoverheels 291]

21 minutes ago, airdvr said:

Frankly, I won't be seeing any money.  I hope it gets to the people who need it quickly.

There you go, socialism.

[billvon 2,382]

25 minutes ago, airdvr said:

Frankly, I won't be seeing any money.  I hope it gets to the people who need it quickly.

Me too. 

But imagine how this would be painted if a democrat was in office.  "Clinton handing out money to freeloaders!  Grabbing money out of YOUR WALLET to pay people who couldn't be bothered to save for a rainy day!  That's why the Democratic party is full of leeches and takers, because the government always bails them out with other people's money.  Communism; forced wealth redistribution."

Yes, there are people out there who really need it now, and there are a lot more of them than there usually are.  But they are always out there.  Perhaps keep that in mind when this is all over.

[airdvr 197]

4 minutes ago, billvon said:

Yes, there are people out there who really need it now, and there are a lot more of them than there usually are.  But they are always out there.  Perhaps keep that in mind when this is all over.

The federal government funds 126 separate programs targeted towards low‐income people, 72 of which provide either cash or in‐kind benefits to individuals. (The rest fund community‐wide programs for low‐income neighborhoods, with no direct benefits to individuals.) State and local governments operate more welfare programs.Of course, no individual or family gets benefits from all 72 programs, but many do get aid from a number of them at any point in time.

We already do.  But if you tell working folks they can't work then you have an obligation to help them.

[Coreece 189]

4 hours ago, Phil1111 said:

Most voters will know a little bit that these payouts are nothing less than a bribe.

If that's the case, then those in the swing states should get more.

[headoverheels 291]

37 minutes ago, airdvr said:

Frankly, I won't be seeing any money.  I hope it gets to the people who need it quickly.

I am retired and have structured my assets in a way (realize little ordinary income) that means I will probably get the payment. Your post has inspired me to donate the payment to somewhere it is needed.

 

[JoeWeber 2,294]

5 hours ago, brenthutch said:

They buy a second house.  Helps the builders

Buy a car.  Helps the car workers

Go on vacation.  Helps the travel industry

Go out to eat. Benefits cooks, waitresses, bar tenders, etc

Or if you are really evil (rich) you could start your own charity like Bill Gates

They buy a second house where, the south of France? What if they already own too many houses?

Buy a car? Like a Bentley or a Rolls? Maybe they already have too many cars.

Rich people don't go on vacation, they are on vacation. 

Go out to eat, really? 

You aren't talking rich people, you are talking middle class people. Or, like Turtle, maybe you think a couple of million is rich.

Believe the meme as you will but trillion dollar tax cuts corporations use for stock buy backs aren't really trickling down according to plan. 

And good ol' Bill Gates, well I seem to recall that when he promised to donate all of his money to charity back when he had $65 Billion. He's over $100 Billion now. Eleemosynary is as eleemosynary does, I reckon.

 

 

[Coreece 189]

2 hours ago, headoverheels said:

Your post has inspired me to donate the payment to somewhere it is needed.

So, um. . .what's your definition of "needed?"

needed to buyback some stock?

[headoverheels 291]

3 hours ago, Coreece said:

So, um. . .what's your definition of "needed?"

needed to buyback some stock?

Somewhere that would be tax deductible, if I paid taxes.

 

[gowlerk 1,903]

5 hours ago, JoeWeber said:

And good ol' Bill Gates, well I seem to recall that when he promised to donate all of his money to charity back when he had $65 Billion. He's over $100 Billion now. Eleemosynary is as eleemosynary does, I reckon.

Nonetheless, he has been trying:

Bill Gates

Last year they donated an estimated $4.78 billion. Overall, though, the Gates have given a total of $45.5 billion through their foundation and other family foundations, dating back to 1994, the Chronicle of Philanthropy notes.

[airdvr 197]

5 hours ago, JoeWeber said:

And good ol' Bill Gates, well I seem to recall that when he promised to donate all of his money to charity back when he had $65 Billion. He's over $100 Billion now. Eleemosynary is as eleemosynary does, I reckon.

 

 

 

Have you seen this?

[brenthutch 383]

Joe is so filled with hate, that his brain no longer functions.  I am afraid he has a terminal case of liberalitis 

[JoeWeber 2,294]

39 minutes ago, brenthutch said:

Joe is so filled with hate, that his brain no longer functions.  I am afraid he has a terminal case of liberalitis 

O.K., and here I am with a non-functioning brain and a terminal case of liberalitis. So, tell me wizard of the conservative agenda, how are you spending your day's in Corona Virus land? You won't be tossing drogues at someone else's DZ for a while, that's a certainty, and I doubt you have the moxie to put it all together and make a real DZ on your own. Me, well I'm at anchor off of Sint Maarten trying to decide whether Antigua or the USVI's are next up. All paid for with earnings made while believing in and living by liberal values. Funny how that works.

[airdvr 197]

Sweet...we were in the BVIs last February.  But not as long as you'll be.  What are you on?

 

Edited March 21, 2020 by airdvr

[JoeWeber 2,294]

2 hours ago, gowlerk said:

Nonetheless, he has been trying:

Bill Gates

Last year they donated an estimated $4.78 billion. Overall, though, the Gates have given a total of $45.5 billion through their foundation and other family foundations, dating back to 1994, the Chronicle of Philanthropy notes.

Yes, and the good they do is wonderful. But the scam is to donate stock with untaxed gains into an LLC tax free and then go be a boy scout. Arguably, philanthrocapitalism has certain advantages. But I'd be a lot more impressed if he paid taxes on the gains first. Why? Well I don't think our better interests are served best when rich dudes decide who gets what like in feudal times. Also, I'm thinking that while issues in Africa are important, so are eye operations for kids in Alabama. You know, Alabama in the USA. That, I'm good with. Spending tax free money to do good works that governments should be doing with tax dollars, not so much.

[JoeWeber 2,294]

10 minutes ago, airdvr said:

What are you on?

Funny, I get that a lot.

[kallend 1,621]

57 minutes ago, airdvr said:

Sweet...we were in the BVIs last February.  But not as long as you'll be.  What are you on?

 

We were in the BVIs last February too, and again in December.  On the Cuan Law.

[airdvr 197]

This was our ride.  Star Flyer.  We could have met and had a rum drink together.  That would have been interesting.

Edited March 21, 2020 by airdvr

[brenthutch 383]

10 hours ago, JoeWeber said:

O.K., and here I am with a non-functioning brain and a terminal case of liberalitis. So, tell me wizard of the conservative agenda, how are you spending your day's in Corona Virus land? 

Today I am taking the kids (daughter 11 and son 7) camping.  We will make a primitive shelter with what nature provides, gather firewood, cook dinner and sleep overnight in sub-freezing temperatures. (Libertarians are a hardier stock).  It is good to know you are safe, because it looks like the preferred victims of the Coronavirus are communists, socialists and effete urbanites.

Edited March 21, 2020 by brenthutch

[JoeWeber 2,294]

6 minutes ago, brenthutch said:

Today I am taking the kids (daughter 11 and son 7) camping.  We will make a primitive shelter with what nature provides, gather firewood, cook dinner and sleep overnight in sub-freezing temperatures. (Libertarians are a hardier stock).  It is good to know you are safe, be well.

Great idea, that'll teach them to love nature. Personally, I consider it camping when the hotel does not have a club floor lounge. You also be safe. I shudder to think what we'd need to advertise to find your replacement.

[phantomII 36]

On 3/21/2020 at 3:06 AM, JoeWeber said:

...... Why? Well I don't think our better interests are served best when rich dudes decide who gets what like in feudal times. ........

Sounds to me like you are describing the U.S.Senate.