How to get the markets moving real fast

[tas38]

Hello Everyone....

They need to give everyone that is poor 10k, and we will run out and spend it as fast as we can. We will not save it or pay bills with most of it, we will go on a shopping spree and blow it all. On all kinds of stuff we dream of getting, but never have any money to get.

We will be telling everyone how we got such cool stuff, then the middle class will start spending to show they got better then we got. They will tell their rich friends, and the rich will go out and buy one of the biz's we where spending at.

And that is how you get the markets moving again, give money to the poor that gets the middle class out doing the poor. Then that gets the rich wanting to cash in on it, and buy a biz and hiring and buying more stuff. That will make the banks, and credit card incs wanting their share as well.

[draggar]

$700B / 300M (rough # of people in the US) = about $2,333 per person. If they go by tax returns, then that number would near double.

I could use an extra $3000-$4000. Even if I put it towards a credit card, it would free up a lot of money each month which, in the long run, would be better for the economy than one quick burst of spending.

[Gee]

Markets are falling like a rocket from the top of a mountain

Until we hit the base there is nothing can fix the crisis

those bailouts or other solutions are temporary analgesics

Don't be deceived by Dow jones correction or temporary recovery of the markets

We are not sure whether the base of the crisis is economic depression or just a recession

be ready for it and try to decrease your expenditure at least the unnecessary ones

[tas38]

(>>>>>> Until we hit the base there is nothing can fix the crisis >>>>>>>)

Very true but we may well be hitting bottom already, and beside giving us a check will get us spending again. What so dumb about this credit stuff, is that if they would of said so don't loan any money then. Banks that don't loan any money, go under pretty fast they would of rethought that one pretty fast.

The problem now is, that people do not want to spend because they are worried. I have been seeing dropping prices, like a got a $130 MP3 50 watt docking system for $30. That was to good of a deal to pass up, I got some DS and PSP games for $4 and $7 each. They are already saying on the news, they are going to keep lowing prices till people start buying for Xmas.

They are asking for lower prices all the way down the chain line, meaning if they want to sell they must lower prices. And with Xmas people will buy cheap, after that people will feel safer and keep buying. So the first QT of next year things, should start looking more normal hopefully. Things are not as bad as people are acting, our system is not the same as back years ago. The gov't will not let under markets go under, they will indeed hold them up as long as needed.

People think of the market from old standards, but that is not the case anymore at all. Like the fed said they are starting to loan money, to biz them self's to insure they can keep open. It's a world market that keeps changing, like they are now working together to help all markets, recover way faster then they could of dreamed of years ago. We are now in a market, that is changing over and no one really sure what all the changes will be yet.

[JuniperPark]

You're proposing going DEEPER into debt, when the deep debt is what CAUSED this mess.

What Americans need to do is LIVE WITHIN THEIR MEANS.

I know some "poor" people... they smoke (very expensive habit), they live in large houses (got a no-down loan), own jet skis and motorcycles (financed), and eat out at restaurants almost every night. Then wonder why they have no money, blame others, and default on payments.

Here's a clue, and this is what my better-off friends do: Only buy a car you can pay cash for. That probably means it will not be a fancy, brand new model.

If fact, ANYTHING you have to borrow money for is something you can't afford. One exception may be a home, and even then you should have a 20% cash downpayment.

I didn't make these things up, they're called "common sense", and it's what people do in a stable economy where bailouts aren't needed.