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Lawyers, Guns
and Money
Picture of chellim1
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quote:
All these stimuli are going to lower our debt rating and cause inflation. Trump (though not his fault) will go down as the all time king of national debt (by a lot).

Yes...



"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible."
-- Justice Janice Rogers Brown

"The United States government is the largest criminal enterprise on earth."
-rduckwor
 
Posts: 24777 | Location: St. Louis, MO | Registered: April 03, 2009Reply With QuoteReport This Post
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quote:
Originally posted by Skins2881:
quote:
Originally posted by Blume9mm:
Has anybody figured out that our government is basically paying us to stay home and do nothing?

Which I have noticed is something many here have been complaining about it doing for years with welfare...

Guess what? they just got us all hooked....


If that is the case they owe me a few more checks.

All these stimuli are going to lower our debt rating and cause inflation. Trump (though not his fault) will go down as the all time king of national debt (by a lot).

I still don't know why students and the retired are getting checks when they've lost zero income. Or a family of two that both can work from home.


Makes zero sense. The checks should be for people who lost income, period. Business owners, laid off employees, etc. Giving them to social security recipients is nothing more than a cheap ploy for votes in November.
 
Posts: 2690 | Location: Baltimore | Registered: October 22, 2008Reply With QuoteReport This Post
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The $2 Trillion divided by the 360 million population is $5,555 each give or take.

Reckoning Day is not going to be pretty.


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Posts: 13511 | Location: Bottom of Lake Washington | Registered: March 06, 2007Reply With QuoteReport This Post
Ammoholic
Picture of Skins2881
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quote:
Originally posted by braillediver:
The $2 Trillion divided by the 360 million population is $5,555 each give or take.

Reckoning Day is not going to be pretty.


If it makes you feel better that is only one round of four or five. Then you can toss in all the money the fed is printing.



Jesse

Sic Semper Tyrannis
 
Posts: 21278 | Location: Loudoun County, Virginia | Registered: December 27, 2014Reply With QuoteReport This Post
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Picture of Kraquin
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quote:
Originally posted by braillediver:
The $2 Trillion divided by the 360 million population is $5,555 each give or take.

Reckoning Day is not going to be pretty.


You need to subtract 50M+ to account for the under 18 segment as most of them don't work. I'm sure there's other segments who will bump that number up as wll. Regardless, it's more than $5,555 per share.
 
Posts: 391 | Registered: December 07, 2016Reply With QuoteReport This Post
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Wall Street Journal article explains all the details. Basically they are using your 2018 or 2019 return if filed for an advance amount. When they have 2020 income reported the amount could be adjusted but you wouldn't have to pay any back if your actual 2020 income made you unqualified.
https://www.wsj.com/articles/e...od=trending_now_pos3
 
Posts: 838 | Registered: September 27, 2008Reply With QuoteReport This Post
Lost
Picture of kkina
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quote:
Originally posted by Paten:
I checked my account at the credit union today and see a direct deposit of $1200 dated for the 15th from the IRS. Anyone else?

I just got mine.



ACCU-STRUT FOR MINI-14
"First, Eyes."
 
Posts: 17131 | Location: SF Bay Area | Registered: December 11, 2003Reply With QuoteReport This Post
Oriental Redneck
Picture of 12131
posted Hide Post
quote:
Originally posted by kkina:
quote:
Originally posted by Paten:
I checked my account at the credit union today and see a direct deposit of $1200 dated for the 15th from the IRS. Anyone else?

I just got mine.

Yup, direct deposit.


Q






 
Posts: 28036 | Location: TEXAS | Registered: September 04, 2008Reply With QuoteReport This Post
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Picture of PowerSurge
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Mine was just added early this morning.


———————————————
The fool hath said in his heart, There is no God. Psalm 14:1
 
Posts: 4039 | Location: Northeast Georgia | Registered: November 18, 2017Reply With QuoteReport This Post
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No stimulus payment, but the IRS tax payment for money I owed for 2019 is showing!
I just checked https://www.irs.gov/coronaviru...omic-impact-payments.
The IRS response was that they had NO bank info! BULL, IRS debited my bank this morning for scheduled 2019 $ owed & both my wife & I receive SS checks into two different banks.

Most of my tax clients are self-employed & as of this morning none have received any SBA PPP or EIDL loan money. It appears most banks have filed PPP for their larger clients & left the small ones holding. Banks get 1% of the loan & 1% of a $1 million loan is greater than 1% of a $100,000 loan.

This message has been edited. Last edited by: Anush,


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Posts: 4361 | Location: Nashville, Tennessee | Registered: December 16, 2004Reply With QuoteReport This Post
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