$1.75T Deficit, Higher Taxes, "Bogus" Stimulus: John Mauldin Sees Silver Lining

I don’t see this Stimulus helping anyone but the BIG BANKS. What company is going to lend money to someone in foreclose and better yet what makes you think! Even if they did, how will people pay it back? Hello if they could pay it in the first place they would not need another loan. Okay say the bank lends the money then what happens to the person if they are unable to pay it back? WHY? You ask because they still don’t have a JOB. Then the person is SOL, because the bank will say we helped you already. You have to have money to pay your bills and you get money from working. There are no jobs and if you do find one you will not make enough to support your family and pay bills. Come on! You will help with foreclosure and then what? There are just over 310,000,000 Million people in this country. Why can’t the government give the money to us, and I don’t mean 1500.00 that was a joke. Let’s say the President gave everyone 18yrs and older 50,000 dollars it would total 155 million give or take a few thousand. We the People would use it to pay bills, buy a car or a house, and maybe reinvest in the Stocks. Wouldn’t that be cheaper than over 750,000,000,000 billion he will be spending now. I would like to be able to benefit from my taxes like the Big Companies do, But seriously I would just like to pay my bills and not some BIG BANK’S BILLS and WALL STREET.

How about charging companies a 20% surtax on all foreign workers they employ in the U.S. That will help pay for the unemployment benefits and welfare of the unemployed U.S. citizens they have displaced.

So when do the masses who elected this "messiah" finally admit we're in deep doo-doo with his policies that were known to all years ago!

Cut taxes and legalize pot.....there is your stimulus. We are missing out on a multi-billion dollar industry, all the while criminals are profiting off our drug use. Not going to stop it, so make it legal, and let the farmers grow it......gov't can tax it too..... This spending spun as stimulus is going to destory this country. Bring the troops home as well....that will save money and save lives.

HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the internet... . HOW ABOUT A MANDATE ON HOUSING .FOR THE REST OF SOCIETY,,, how about affordability for the rest of society,AND WHATS "LOW INCOME",

Stimulus Package "Bogus"! I wish the largest earmark package, to date, wil be bogus to my wallet. This class warfare on the wealthy is causing an exodus from places like New York City and California. How long before well off folks start leaving the US for places that are moving more toward capitalism, places like Canada, Caribbean, France, Germany, China etc.?

Hello America - there is no such thing as a tax increase on businesses and the "wealthy" that run companies in the US. They just pass it along down hill until it gets to the poor guy at the end of line - us...

Just like Professor Roubini said last week: One or more central banks will come unraveled soon. Basically, U.S. and European IMF are and will, respectively, print lots of new currency. But, Europe is worse than U.S., so USD may even strengthen relatively speaking (against Euro, Asian and Latin American currencies). Who becomes the relative winner? Countries that didn't over leverage and have control over a natural resource. Let's think. In Iran, is it permitted to use debt (at interest rate)? Is Iran part of OPEC? Did Iran's stock market outshine nearly every other major market? There's is going to be a major...major...shift in power soon. Eastern Europe is in the beginning sages of a Depression. Latvia's 4Q2008 GDP dropped an astonishing 10.5% (that's -42% annualized). Popular revolts are imminent and will be widespread...

Why not a flat tax rate? The size of the Toys matches the size of the Tax. Everyone is equally offended.

Just like Professor Roubini said last week: One or more central banks will come unraveled soon. Basically, U.S. and European IMF are and will, respectively, print lots of new currency. But, Europe is worse than U.S., so USD may even strengthen relatively speaking (against Euro, Asian and Latin American currencies). Who becomes the relative winner? Countries that didn't over leverage and have control over a natural resource. Let's think. In Iran, is it permitted to use debt (at interest rate)? Is Iran part of OPEC? Did Iran's stock market outshine nearly every other major market? There's is going to be a major...major...shift in power soon. Eastern Europe is in the beginning sages of a Depression. Latvia's 4Q2008 GDP dropped an astonishing 10.5% (that's -42% annualized). Popular revolts are imminent and will be widespread...

I suppose the good news is with all this borrowing and spending, we are getting there faster. The end will be the colapse of the US monetary system.

We tried issuing out a check. Building infrastructure and creating programs create jobs, those people in turn spend money. America has tried lower tax cuts and rebates and it didn't work. In fact, the Bush tax cuts doubled the national debt.

To Carrosel5 - 310 million X $50,000 = $15.5 Trillion not a $155 million. What the hell though...it's only printed paper

Dear Carrosel5 - check your math. Giving $50,000 to every person in the US would be $15.5 Trillion.

Where was this guy during the last eight years as government spending went up. It seems a bit disingenuous to complain about spending now with the US economy in the tank. In the end it sounds like he wants tax cuts (again) for (surprise) himself.

The silver lining is: The price of silver will skyrocket as the US attempts to inflate its way to prosperity.

The tax cuts increased tax revenue. It was out of control spending that doubled the debt.

To Carrosel5, 310 million X $50,000 = $15.5 trillion not $155 million.

First, doubling the deficit makes it easier to reduce it by half later on. As for higher taxes on the wealthiest, I think it is fair for those who have more influence over elected officials to pay more tax. That was the whole theory behind having tax brackets instead of a flat tax. The rich won't leave America. America is the best place to be rich. Or poor, or anywhere in between, because we are a free society. Try being a millionaire in Indonesia. Every charity group and religious leader will hound you for donations, and if you refuse, they will bomb your house.

Please, Please, Please MR. BIG US Government can I also have something for FREE! For I surely deserve it. - I am one of the 50% who decided that I do not need to finish free public high school, since I will not have to work. - I did learn that if I have 3 kids out of wedlock, I get more money. - I get SSI since I am "emotionally disturbed". Now all I want is my free house, free car, and of course I live in California and want my free pot. (I have a doctors permit ;-) ) I l;ove Obuma so much I joined ACORN and with their help voted 4 times in the last election!! Isn't America great? That is why I crossed the border to get here!!