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Why you shouldn't cash your stimulus check
Huffpo's Max Keiser on why you shouldn't spend your stimulus check.
As such, the value of these checks as un-cashed mementos of the
failed Bush presidency should appreciate at the inflation rate plus a
collector's item premium rate for years to come.As a matter of fact, an enterprising soul might make a pretty penny
by setting up a website to buy people's un-cashed stimulus checks at
the face value plus a small premium. Five to six years from now, you
might be able to re-auction and sell these un -cashed checks on eBay
for double or triple the price you paid to Asian and European
collectors buying these up like visitors to the Berlin Wall who buy
chunks of concrete left over after the collapse of East Berlin.
My question . . . with your Bush stimulus check in hand, what is the next phase of history going to be now that explosive debt growth as national policy has ended so ignominiously?










Comments (4)
I can think of a million reasons not to SPEND your "stimulus" check...
There is a very good book out, Going Broke, with an author blog here: http://stuartvyse.com. Highly recommended.
April 28, 2008 9:23 AM | Reply | Permalink
Those checks are a loan we didn't ask for. And there's no way to escape paying the interest. Thanks Bush.
Why not just let the banks send out unsolicited loan checks to Americans, at any interest rate the banks choose? Then Wall Street can sell the debt like they sold the hopeless mortgages. Oh Boy! Wealth creation! Our economy is booming! Freedom is on the march!
April 28, 2008 10:29 AM | Reply | Permalink
Most folk cannot afford NOT to cash the checks.
April 28, 2008 11:08 AM | Reply | Permalink
The best way to invest your stimulus check is to DONATE IT TO THE OBAMA CAMPAIGN!
April 28, 2008 11:11 AM | Reply | Permalink
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