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Menelaus
05 Nov 09 19:28
Joined:
Date Joined: 03 Feb 05
| Topic/replies: 6,745 | Blogger: Menelaus's blog
Why not, it's only freshly printed greenbacks, how much could paper and green paint cost ?

Nov. 5 (Bloomberg) -- Congress passed legislation expanding an $8,000 tax credit for first-time homebuyers, extending unemployment benefits and providing tax refunds to money-losing companies.

The House approved the measure today on a 403-12 vote, sending it to President Barack Obama, who will sign it tomorrow, according to spokeswoman Jen Psaki. All 12 House members voting against the bill were Republicans. The Senate passed the bill 98-0 yesterday after weeks of delays.

Estimated to funnel $45 billion into the economy this year, the legislation is the first major expansion of provisions in Februarys economic stimulus package. The bill would extend until April 30 the tax credit for first-time homebuyers that would otherwise expire at the end of this month.

The jobless would get as many as 20 additional weeks of unemployment assistance. Companies would be given expanded ability to apply losses to previous years income, allowing them to qualify this year for $33 billion in tax refunds, according to Congresss Joint Committee on Taxation.
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Report YOULITTLEBOTTY November 5, 2009 7:45 PM GMT
Get over it you insufferable bore.
Report Murgutpura November 5, 2009 8:05 PM GMT
menalaus
life should have taught you by now the more intelligent you are
the less your motives will be respected.
Report Menelaus November 5, 2009 8:05 PM GMT
It's nice to see you haven't got over your obsession of showing up on my threads.

My posts must be so over your head, it must hurt.

Sorry, mate, next time I'll post a skill testing question before your are allowed to sign on to my threads to spare you the agony. A good one for you would be :

0 + 0 =

(Hint: it equals your net worth......naaaah, not a good hint, that number is negative)
Report Menelaus November 5, 2009 8:07 PM GMT
my last post was addressed to the forum's intellectual midget

you know who I mean
Report YOULITTLEBOTTY November 5, 2009 8:34 PM GMT
What a withering riposte M.
You little devil you.
Btw just closed a sale on a little piece surplus real estate I had.
Any suggestions as to what I should do with the cash inflow ( in the seven fgures I'm afraid to say )
Report YOULITTLEBOTTY November 5, 2009 8:39 PM GMT
Murgutpura
Exactly what do you think M's motives are for posting ad nauseam about his dislike of the various worldwide Govt. stimulus packages ?.
He doesn't ever really suggest any positive alternatives or anything constructive like that.
God forbid.
He just continues to insinuate that the leaders of the Western economies are fools who know not what they do.
Not like him of course.
A M & A sepcialist based in a cocoon of luxury in Mayfair, probably advising and financing the asset strippers and cost cutters of this world.
And that's on a good day.
Report Mrben November 8, 2011 3:40 AM GMT
bump.

a melly thread from 5 nov 2009

banging on about money printing.Cry
Report Menelaus November 8, 2011 8:52 AM GMT
Printing money? What printing money? Where? Surely you jest.

http://research.stlouisfed.org/fred2/series/M1?cid=25


(Did you get fired from your minimum wage job at the orphanage? It seems like you have an awful lot of time on your hands all of a sudden to be bumping threads from a different decade. What? I couldn't hear you, say it louder. Oh, sorry Benny to make you shout, I should have known. it's a diversion from your horrid gold trade. Pardon me Benny, didn't mean to expose you again, carry on........)
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