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Thread: Where's the stimulus?

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    Where's the stimulus?

    Before someone whines... this was in the NEWS section of CNNMoney.com...

    Stimulus bill for economic recovery - what's the holdup? - Feb. 17, 2011

    A bill to jump start the economy. That was the main idea behind the American Recovery and Reinvestment Act, better known as the "stimulus bill," which became law two years ago today.

    However, the nation is still waiting for the bill's promised jolt...

    Whatever lift the stimulus may have provided -- and it did offer some support -- the national unemployment rate at 9.0% is still well above the 7.8% jobless level, when the President made his pledge...

    One city's stimulus plan Philadelphia County's unemployment rate was 10.7% in December, versus 9.1% for the nation. The data is a reflection of the fact that the stimulus did not deliver many "shovel ready" jobs for the city.

    As of December 31, the latest data available, the city had yet to spend a whopping 77% of the money it was allocated under the stimulus...



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    Re: Where's the stimulus?

    The banks sure aren't doing their part. I bought out my ex business partner last year, and when I called my bank to try to consolidate the two business credit cards into my name (there had been one under his and one under mine), they responded by freezing the accounts and jacking up the interest rate from 7% to 25.9%.

    I have tried four different banks hoping to transfer the account including the credit cards, but without success.

    It seems pretty obvious that the banks idea of stimulus has nothing to do with small business and everything to do with increasing their profits to make their shareholders happy.
    "you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos

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    Re: Where's the stimulus?

    Start checking the Democrat Freezers in Philly........


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    Re: Where's the stimulus?

    According to Obama, the goals of the stimulus have already been met, so don't worry about it.

    RealClearPolitics - Video - WH's Jay Carney: Stimulus "Goals Have Been Met"

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    Re: Where's the stimulus?

    Ask all of those Republicans who voted against it and then turned around and accepted stimulus funds. Those socialists!


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    Re: Where's the stimulus?

    Quote Originally Posted by Gardener View Post
    The banks sure aren't doing their part. I bought out my ex business partner last year, and when I called my bank to try to consolidate the two business credit cards into my name (there had been one under his and one under mine), they responded by freezing the accounts and jacking up the interest rate from 7% to 25.9%.

    I have tried four different banks hoping to transfer the account including the credit cards, but without success.

    It seems pretty obvious that the banks idea of stimulus has nothing to do with small business and everything to do with increasing their profits to make their shareholders happy.
    With all due respect it seems like we are missing part of the story. You are trying to say that you had a credit card @ 7% and just by asking for the credit limit to be raised they increased the rate by 19%, and did not allow you to keep the old rate???

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    Re: Where's the stimulus?

    Quote Originally Posted by Sgt Meowenstein View Post
    Ask all of those Republicans who voted against it and then turned around and accepted stimulus funds. Those socialists!
    Of all the stupid lines to come out of the 2010 election contest the one about accepting stimulus funds has to top the cake. Does this mean that people who want to spend less on homeland security should fly on planes that are designated as no inspection flights?

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    Re: Where's the stimulus?

    Quote Originally Posted by washunut View Post
    With all due respect it seems like we are missing part of the story. You are trying to say that you had a credit card @ 7% and just by asking for the credit limit to be raised they increased the rate by 19%, and did not allow you to keep the old rate???
    When I asked them to consolidate the two cards into my name, they did so. I have spoken to at least a dozen different people at the bank in question, have received conflicting information, butthe last one flat out told me it would be frozen at 25.9% no matter what I did.

    The differences bertween a bank and criminal racketeering operation can seem meaningless at times.
    "you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos

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    Re: Where's the stimulus?

    Quote Originally Posted by Whovian View Post
    Before someone whines... this was in the NEWS section of CNNMoney.com...

    Stimulus bill for economic recovery - what's the holdup? - Feb. 17, 2011
    Here's the only stimulus this country will get.

    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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