FREE money from the government!

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On news today, it is mentioned that us taxpayers will be receiving 600 dollars if individuals and 1200 if a couple with obvious income limitations and income tax minimums. The proposal will go to the house and senate next week so we will see if this will happen. This economic stimulus package is intended to be spent to help boost the economy out of a slump. The timetable for release of funds should be around may to july of this year.

But does this plan encourage people to keep being in debt? In any case, it did help boost the stock market today. Maybe i’ll use it to buy a few shares of apple now that 1 share goes for 137 dollars. More than 60 dollars cheaper than its all time high.

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5 Comments »

  1. Comment by Cincinnati Retirement Planning

    lol. funny yet Interesting.

  2. Comment by Jerry

    Aaaand ten months later, the fed tells us that we are screwed economically in part because they sent out all of this money? WHO IS RUNNING THIS KIND OF CIRCUS? Someone new needs to take the lead, and we need some insurance that it will not happen again. (Like that’s going to happen.)
    Jerry

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  4. Comment by Alena

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    http://www.smallbusinessavenues.com

  5. Comment by sam

    ok

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