C Tann-Starr's Outside Blog

head_left_image

If You Pump Money Into A Recession, What Happens When The Money Runs Out?

If You Pump Money Into A Recession, What Happens When The Money Runs Out?

I have been asking this question all week and people keep looking at me like I'm stupid. Maybe I am, but I think it is a legitimate question. If you don't think so, can you answer my stupid question for me anyway so I can move on to the next stupid question and stop obsessing about this one?

Not being independently wealthy, inquiring minds would like to know the friggin' answer. Seriously! After all, we're doing an awful lot of socialistic things and I understand the short term potential for stimulation, but what of the long haul? I'm in this for the long run and so are my little minions, who will be footing this bill at Heaven knows what personal income tax rate.

So far, it seems we're putting spending-band-aids on open financial-arteries and it is only a matter of time before the lifeblood of the country runs out.

Biblically speaking, where are we in the end game? People everywhere are debating about the signs of the times. Are we gonna knock ourselves out of the prophetic box with experimentation and squabbling about theoreticals in politics? Are we going to legislate God and common sense out of the equation? Am I really stupid, or is my version of common sense making you incredibly uncomfortable?

I remember being taught if you don't work, you don't eat. I remember being taught to care for orphans and widows. I remember being taught that communities are reasonable for their localities. So far, we've bailed out big businesses while orphans and widows are loosing the roofs over their heads. I am busting my a$$ working three jobs to make ends meet and try to get an education and you guys are gonna give away mad money to people living in the street? Well hell, how do you pick 'em? Let me know so I can stake out my corner with a TV box and grub along for my lunch money too. This is the perfect time for praying people to start praying. If we don't pray for our leaders they are going to squabble and squander us into the freaking ground with feel good ideas that have no basis for sustaining the life of anyone.

What's the skinny on the latest operation? Why aren't you cleaning them up, training them and giving them a job? Economists are starting to howl because a crap load of money for the homeless to lunch aint stimulating a damn thing except special interest projects. When the money people start shaking their heads, what's a non-CPA kinda gal like me supposed to think? We all know that I have a mouth and can think on my own just fine, but I am an advocate of hiring professionals and getting the heck out of their way so they can do their jobs.

Who the hell are we hiring to help fix this mess? 'Tis madness...

We can't do politics as usual, people. It's becoming too damn expensive... You want to help the homeless then really help them and stop pulling my chain with legislative stupidity. Mini-rant done for the day.

Disclaimer: Any comments and contributions provided on ActiveRain.com (or other electronic or print media) does not establish an agency relationship with any third party. Blog posts are intended to be informational only. Please be advised that real estate practices vary in regions and from state to state and market to market. The information contained herein does not constitute legal advice. All parties in need of legal, accounting, tax, or real estate guidance are directed to consult with the licensed professional of their choice. Please seek specific guidance from a retained professional in the specific field(s) required to service your interests. I and/or team blog writers make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this web site and its associated sites inclusive of but not limited to CarolynTannStarr.com MySpace/TannStarr 46486 NY Working Moms Examiner ActiveRain Group Club Chaos ClubChaosAgents.com CyberMinions.net CTannStarr Outside Blog CTannStarr Localism Blog TannStarr.net UberMental.com

© Carolyn Tann-Starr, 2008-2015. Unauthorized use and/or duplication of this material without express and written permission from the re-blog authors (when appropriate)and Carolyn Tann-Starr is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Carolyn Tann-Starr, (the re-blog authors when appropriate) and Wordy C's Blog with appropriate and specific direction to the original content.

 

Carolyn Tann-Starr Outside Blog Outside Blog Minion Report on Facebook Carolyn Tann-Starr on Blogger  CTannStarr on Twitter Tann Starr on YouTube TannStarr.net

Tann Starr on iTunes

Tann Starr on IMDb

Kim Harrison  Vicki Pettersson  Jocelynn Drake  Jaye Wells  Amy DeZellar  Lynn Rush  Jeannie Holmes

Ward Nasse Gallery

Kendall Grey  Jeaniene Frost  Faith Hunter  Stacia Kane  Sherry Soule

Alicia Anderson: Touched By People Places and Things

CarolynTannStarr.com

Tann Starr on Amazon.com

Life With Wee People

Outside Blog Minion Report

MySpace

Ask me something...

Tann Starr on Jango Music

Tann Starr on Blip.fm

Felix Lipov, Official Photographer, Ambassadors of Chaos

 

 

 

Comment balloon 25 commentsC Tann-Starr • February 19 2009 06:47PM

Comments

A handout is not a stimulus C. People need to work and not get unemployment checks. You are so on the mark with all your questions here, and I get the same strange looks when I question the "plan."

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 9 years ago

Yes C you are stupid...stupid enough to look at reality, a bit sharp tongued but hey you made some great points.  

Posted by Sara Homan, Realtor, Homes, Farms & 55+ (Coldwell Banker Ellison Realty 352-209-4044) over 9 years ago

I'll answer your question about what will happen when the money runs out as it did in California. They will want more money from you and I.

The Governator, you know the guy who has had so many facial trims he really talks out of the back of his head, and our politicos just screwed us again today.

Arnold won office on "no new taxes" and the revenues increased by 45 Billion a year since he took office. They spent that and Billions more putting us in the hole. Their solution?

We now will pay 9.75% sales tax in most counties. Vehicle tax will double. We now have a "luxury tax" on things such as a round of golf and other services. Want a massage, pay a tax.

And for the Killer: 2.5 - 5% income tax surcharge!!!! A tax on our tax.

Now is the time to pray because our country will collapse as we know it and that just may be Biblical.

Posted by Cameron Wilson, The Short Guy - Murrieta,Temecula,Menifee Californ (Labrum Real Estate) over 9 years ago

Gary, I think our government should work better than it has been. I'm tired of the games. They mean well, but meaning well and doing well are two very different things...

People need relief and people need to survive. We don't want hand outs, we want solutions. I understand it may take a while, but while we are figuring things out we should not be wasting money in order to look like we are making progress. This is not progress. It's stupidity in drag pretending to be something that it is not... 

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Thank you, Sara. I think I wear my stupidity very well (LOL). I love irony and sarcasm. :-)

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Sara is right about the reality thing. We are going to have to be less politically correct and a bit more willing to call a spade a spade if we ever hope to make some real progress in digging out of this mess.

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Cameron, all the nations will be in trouble at the same time in the end of age playbook. What we do now is very critical to our survival. We can not play games with our monetary policy and we can not expect to throw money at every problem that comes along. This age will change whether people like it or not. I'm sure the Romans thought their nonsense would get to go one forever as well...

It's almost like having the choice between a fuel efficient home that's a bit homely and a pretty package being promised down the road. We do not like the small adjustments of the homely one so we keep passing it up for the beauty down the block that has a busted boiler but looks good. Who cares if we have three times the heating bill of the first choice as long as the person in charge gets what they want, the pretty home... Right now, bail-outs are the pretty houses down the road... What are we supposed to do when the bill comes in. One day we will not be able to pay it. Then what?

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Hi C

If we continue to pump money into the economy with nothing backing the money that we are printing, we could turn the recession into depression with hyperinflation, and that's not a very good picture.

Good luck and success

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 9 years ago

I get a little worried when it's tough to tell the difference between Lay's potato chip marketing (Crunch all you want ... we'll make more!) and our monetary policy (Spend all you want ... we'll print more!) One of the good things about today's economic climate is that more and more citizens like yourself are voicing their opinions, asking questions, and getting involved. Of course the key question is ... is anyone in Washington listening?

Posted by John Novak, Henderson, Las Vegas and Summerlin Real Estate (Keller Williams Realty The Marketplace) over 9 years ago

Lou, very well said and very quotable. I shall really enjoy quoting you, my friend. :-)

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

LOL @ John. Awesome comparison. :-)

I have been surprised on a number of occasions regarding who has been reading me (LOL). I hope my e-mail continues to be interesting and that someone somewhere who can actually make a difference does pick up the Internet chatter.

BTW, Derek Overbey has an excellent article you guys can check out here. :-)

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

REM...... "It's the end of the world as we know it" but those being Bailed out  "Feel Fine"

Posted by Claude Cross, Charlotte NC Homes For Sale (Homes By Cross, Inc. ) over 9 years ago

Claude, very true. I hear they are sniffing around asking for round two while claiming round one wasn't enough... That takes nerve...

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

You and me both. I am worried, when the money runs out, everybody wants more, from where???? If you don't have any, you don't go spend what you don't have - you can't. It's crazy. ~Rita

Posted by Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate (Kenna Real Estate) over 9 years ago

Rita, I keep thinking this is going to be disastrous if they don't slow it down and get it together. The war on terror will be a drop in the bucket compared to this financial monstrosity...

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Hi C, you said it.  I hate to say it but we can't  "band-aid" everthing. The chips need to just fall where they may. If we don't hit the bottom, we can't start to climb back up. I don't know one person that is not suffering the downturn yet we all pay.  It is frustrating and even more so that this burdon will be carried by our grandchildren! At this point, just give ever American citizen $100,000 and move on. I think that would be cheaper!

Posted by Cristal Drake, Realtor - Fullerton Real Estate (Prudential California Realty) over 9 years ago

Cristal, you may be right. Sad, isn't it? I am hopeful but I am also very tired.

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Excellent points Carolyn. I am not a doom and gloomist and I certainly live in the belly button of the Bible belt. I hear all the many of the same arguments. All I can say is thank God, He is STILL in control of this crazy spinning orb...

Your building consultant in Spring Hill, TN ~ Michael

I'n going to have to give you da Boot...


featured in Blogs Happen...

Posted by TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029 (Complete Home Inspections, Inc.) over 9 years ago

Thank you for the feature. It is very much appreciated. :-)

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

I closed one a couple of weeks ago, hadn't had time to run by the closing gift b/c.......  call the gal today and asked if she want stop by the hospital on the way home from work and meet up with me, she said she got laid off the next thurday after closing.  How suckie is that?  I told her to get her resume out there and keep that payment going.  I will run her quilt to her when I get out.  be good and keep asking questions.  love cheryl

Posted by Cheryl Willis, MO Broker - Mt Vernon, Monett, Aurora, Barry & Law (RE/MAX Solutions- OZARK MISSOURI) over 9 years ago

Wow... I am so sorry to hear that Cheryl. I had one lovely get laid off while we were house hunting. She gave me a referral to another family member soon after. Things are really getting difficult for a lot of folk...

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Hi C I agree we are pumping money into a broken system. 

Why not fix the problems instead of throwing money at it?

Posted by Paddy (Patricia) Pizappi, Real Estate Associate Broker Hudson Valley NY (Better Homes and Gardens Rand Realty) over 9 years ago

Here's my biggest problem with the way they are throwing OUR TAX MONEY around. It's not equal representation for taxation. O is not helping everyone across the board with a universal program, he has targeted a financial lower tier/class of people and has subsidized that class at the expense of the rest of us who are struggling to do the right thing, as if we do not need relief.

We do.

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Here inn Washington State we were just allocated several billion dollars from the Feds - guess where it is going???? To the WELFARE system, I kid you not! I was flabbergasted, but maybe I will be at the Welfare office myself soon enough and I can benefit from it... I have just written letters to my congress people that my husband and I are both commissioned sales people. We do not live outside of our means, we are working hard and we are losing our a$$es. These people who we have voted into OUR government need to start working on fixing things for us little people or we need to hold THEM responsible!

 

 

Posted by Teresa K. Nelson (Windermere Real Estate/HLC) over 9 years ago

Teresa, all of it? Geez...

Posted by C Tann-Starr (Tann Starr & Associates, Inc.) over 9 years ago

Participate