The Conservative Cave
Current Events => The DUmpster => Topic started by: Carl on November 27, 2008, 11:50:06 AM
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4532908
So, if you were to receive $100,000, how would you spend it?
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I read a letter to the editor of the Oregonian proposing that for the $$$ being spent bailing out these big banks, they could for less money give $100,000 to every US citizen. The writer went on to say that this would actually achieve the stimulus to the economy that all of these corporate give-aways are purported to accomplish. I'm no economist, but I agree.
We would buy a plot of land (20+ acres) and begin outfitting it for renewable energy. What would you do with that much tax-free $$$ handed to you?
No doubt they will all instantly talk about helping out those less fortunate in the world as poverty and starvation are rampant.
Bush in Berkeley (1000+ posts) Tue Nov-25-08 12:00 PM
Response to Original message
1. I would buy gold with it....
and wait. I'm to cheap to spend it now and the economy sucks to much to invest it, so i'd buy some gold...
Sentinel Chicken (1000+ posts) Tue Nov-25-08 12:03 PM
Response to Reply #1
8. Yup, pay my bills and put it into gold coins.
Maybe buy a new car that gets good gas mileage too.
Winterblues (1000+ posts) Tue Nov-25-08 12:01 PM
Response to Original message
2. Fast
That is how i would spend it. I do that. I spend money faster than I make it.
There is a surprise. :whatever:
rateyes (1000+ posts) Tue Nov-25-08 12:03 PM
Response to Original message
5. BTW, the letter to the editor is mathematically incorrect.
$700,000,000,000.00 divided by 300,000,000 people is about $2300.00, not $100,000.00 per citizen.
Whoops.
In that case they probably will all offer to help out their fellow man here by pooling the resources.
Perhaps they will put together enough to buy the bobbling primitive the home she needs.
Blu Dahlia (304 posts) Tue Nov-25-08 03:09 PM
Response to Reply #5
79. give it to every taxpayer, not every citizen
Sorry bobo.
I may have missed it but outside of a few moles or non primitives that don`t count I didn`t see one person on the thread suggest they would do anything for anyone else.
Funny how they talk about that a lot though.
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Maybe I am being overly optimistic but isnt most of the 'bail out' funds being used to buy stocks in the troubled institutions?
In theory at least that means we should be paid back in time.
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I'd use it to prop up the failing housing economy. Real estate is prime in Michigan right now if you got that kind of cash.
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Guns and ammo.
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I would buy the contracts of one thousand hookers and form them into an elite urban strike team that fights crime.
Or, ya'know, just sit around mackin' it up and beating money out of them.
Either way it's a good investment.
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Ask me again next December.
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Guns and ammo.
Me too. I've always wanted to be a warlord. :-)
With enough guns, ammo, and 3 years of Osama's economic policies, I'll probably get my chance.
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Me too. I've always wanted to be a warlord. :-)
With enough guns, ammo, and 3 years of Osama's economic policies, I'll probably get my chance.
My wife doesn't see it this way, no matter what I say. :banghead: :banghead: :banghead:
But, she does let me go on my merry way.
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I would buy the contracts of one thousand hookers and form them into an elite urban strike team that fights crime.
Or, ya'know, just sit around mackin' it up and beating money out of them.
Either way it's a good investment.
(http://i70.photobucket.com/albums/i107/tkx92net/myhotcomments3/wayne_brady.jpg)
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So, if you were to receive $100,000, how would you spend it?
Taxes.
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Bush in Berkeley (1000+ posts) Tue Nov-25-08 12:00 PM
Response to Original message
1. I would buy gold with it....
and wait. I'm to cheap to spend it now and the economy sucks to much to invest it, so i'd buy some gold...
Yep, buy gold while gold is at or near it peak value is a really good idea. Just save yourself some time and flush a third of it right down the toilet.
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Yep, buy gold while gold is at or near it peak value is a really good idea. Just save yourself some time and flush a third of it right down the toilet.
Gold is acting kind of weird lately. Read something on it rising and falling with the market instead of being the traditional hedge.