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Starting a nest egg
"I originally wanted to spend the stimulus on a laptop computer, but with the economy in the state that it's in, I decided it would be more prudent to deposit it in my savings account. I want to build up a nest egg in case things get worse. I know, I know, I'm not stimulating the economy, but I have to do something to protect myself. And I'm not going to lay the blame specifically on W or Congress, though both have been inadequate -- no matter who gets elected in '08, we're all screwed."
Rptrcub, 27, public relations
Cobb County, GA
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The Stimulus
In January, Congress approved $152 billion in economic stimulus checks for millions of American households, intended to boost the economy and avert a recession. Just how this money will be spent remains to be seen. We hope this website helps shed some light on where the stimulus money is going.
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Posted by: SennaMognep Jul 14th, 18:42
ROFLMAO !!!!
0.50% APY while the inflation we all are seeing is like 12.00%. Wow, those banksters are generous. Good luck with your millions!
Posted by: great depressor Jul 14th, 21:57
@great depressor: I never said it was going to be a great investment, and I'm not aiming millions. I'm not willing to throw it in the stock market, CDs, etc. Oh, BTW, dumbass, behind my thumb, that's a "3." Not a "0."
Posted by: rptrcub Jul 15th, 05:14
Easy now, friend. You did not apparently understand the post. You see, I know that is not a zero. It might as well be ( I thought you understood that), because the inflation numbers are being played with in an Enron sort of way. Put your money in the bank if you want, but even if you could earn 5.5%, you will see yourself losing money. Take a clue from my screen name and realize that dumbass is not really an appropriate thing to call me. If you do not understand what this "stimulus" has done to the value of the money in that bank account, I can not help you.
Posted by: great depressor Jul 15th, 08:10
I understand completely that our currency is worthless, but you came across as patronizing and insulting.
Posted by: rptrcub Jul 15th, 08:40
Well I DO blame Dubya and Congress
Posted by: John Jul 15th, 09:17
Yeah, sorry about that first post.
Posted by: great depressor Jul 15th, 21:07
OK, cool. Let's just hope it won't come to filling wheelbarrows with currency as worthless as the Zimbabwean dollar or the Weimar Germany mark to buy bread.
Posted by: rptrcub Jul 16th, 05:17
Oh No! Don't blame Dubya and Congress, you will be ridiculed for that! :)
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Oh No! Don't blame Dubya and Congress, you will be ridiculed for that! :)
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