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Oy, that idiot on CNN

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oldtime dfl_er Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:31 PM
Original message
Oy, that idiot on CNN
her name is "Jerri" something - the econ bobblehead - just suggested we buy stocks with the rebate money.

How irresponsible is that?
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:33 PM
Response to Original message
1. ....
:spray:
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:33 PM
Response to Original message
2. Actually if you have the money right now
and IN A VERY LONG TERM INVESTMENT POLICY... and you find a company that is way undervalued, it is not a bad idea

That said... 600 bucks is laughable.

What they need for an econ stimulus is to do what the boys that didn't want to shoot straight won't do, dust off keynes
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LisaM Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:34 PM
Response to Original message
3. If we get this rebate
I intend to put mine directly in savings and I won't be spending it.
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JBoy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:36 PM
Response to Reply #3
4. But, you're supposed to spend it
Why do you hate America? :sarcasm:
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:38 PM
Response to Reply #4
6. According to the administration own energy sec. you will probably be spending it on higher oil price
increased fuel prices and everything else relate too.


He seems to think that the stimulus might cause oil prices too rise and hurt the economy. :think:
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LisaM Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:44 PM
Response to Reply #4
8. LOL. I know!
But somehow my trust that the government is looking out for my long term interests just isn't that strong.
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:36 PM
Response to Original message
5. I once bought $400 worth of stock that was worth $1800 in 2 weeks
But all that did was help me even out with all the value losses I had in '03.
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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:47 PM
Response to Reply #5
9. I once bought a $2 scratch ticket that was worth $400 in about 30 seconds.
I don't buy lotter tickets anymore, I was young and stupid. But I re-"invested" the money with the package store. Something else I don't do anymore.

.
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:56 PM
Response to Reply #9
10. I wonder what it would take for me to even up....
...from all the alcohol and lottery tickets that I wasted money on in my younger years?
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Virginia Dare Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 02:15 PM
Response to Reply #10
11. Me too..
but I figured all that money I pissed away in my youth will do me no good because I probably took that many years off the end of my life anyway. It's all a wash. At least I had fun doing it.
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zbdent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-24-08 01:44 PM
Response to Original message
7. um ... most of the people who would be spending that money ...
would be using it to pay their heating bills ... if they have any money left from the "rebate" ...
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