SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (69090)5/2/2008 4:01:09 PM
From: carranza2  Read Replies (2) of 74559
 
I won't be getting the free moolah because my income is too high.

Uncle Sam foolishly thinks that my spending $600 is not the equivalent of someone else who has a smaller income spending it. Except to note a certain Robin Hood-ish aspect to the $600 gift, I don't understand Uncle's logic.

What bothers me most, however, is that since I pay higher taxes, I am subsidizing the wastrels who will get the rebate. I am thus not only being deprived of the $600, I am at the same time paying for it.

In order to get subsidized like everyone else, I need to make lots and lots of money. In other words, be like Citi or some other wastrel bank that made horrible financial choices but which will be the beneficiary of billions in Fed non-recourse loans. If I were truly a big fish, the billions would rain on my head.

Only in America.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext