Moody's Chief Economist says Congress may be forced to undertake another stimulus plan

[Better Believe It]

David Gergen: "This package will not be big enough. Look for more stimulus down the road"

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x8204861

[Hello_Kitty]

1. Oh for sure.

The current one is too heavy on tax cuts. I'm sorry but tax cuts don't do unemployed people any good and they create a limited amount of demand.

[denverbill]

3. Yes, because those of us still lucky enough to have jobs are worried for our jobs.

I doubt we will be spending ours. More likely paying off debt or stashing it for a rainy day.

[FiveGoodMen]

2. Know anyone who's got a few trillion to lend us?

How about this:

We locate all of the motherfuckers who drove our economy into the ground, seize their assets -- every last cent; even the stuff hidden offshore -- and replenish the Treasury.

[Hello_Kitty]

4. I'm in!

As for other countries loaning us trillions, I think they figure they better do it if they ever hope to get back what we've already borrowed.

[Tandalayo_Scheisskopf]

5. I'm all for that.

Time to take a close look, I mean up close and personal, at Cayman Brac and all the other places the wastrels stash their loot.

[mother earth]

6. Krugman's been saying this right along.

[notesdev]

7. I've been saying all along

that as long as they can get away with taking money from the public treasury for private purposes, they will continue to do so until forced to stop. So far my prediction is 100% - everyone who has asked for free money and gotten it has come back with hands outstretched asking for more.

[CoffeeCat]

8. Everyone except the American people...

It's appalling that so many people lost their homes, and no one rushed to help them
or even cared. But when Fannie and Freddie--the companies that gave those bad loans--went under,
the government rushed to inject money into their coffers.

Ya see, when the people screw up--they're reckless and irresponsible. When companies cause the problems
and enable people to screw up---well, they get billions.

To add insult to injury--it was the politicians who relaxed banking regulations at the behest of the banks
and financial institutions. The politicians did everything possible to make sure that the banks could make
more money by selling bad loans.

The people get screwed and lose their homes. The companies who caused this are given money.

Lovely. Just lovely. :eyes: