Stimulus

[Garyshome]

Still nothing here .....yet

[cabezaverde]

The fact that these payments are given out without vetting the recipients is disgusting. Why should anyone who has not been financially damaged by Covid receive any payment?

We are hanging this debt on our kids and grand kids.

[AndyC]

Got mine 3 days ago. While I'm irritated at the concept of these things, I figure we'll be paying for them in the future anyway so this one went the same way as the first - towards my sewer-pipe repair debt.

[abunaitoo]

Just got the debit card today.
Wanted a check, like last time.
I'll have to ask the bank how I'm going to do this now.
Wanted to deposit half and get cash for the other half.
Like a gift card, it's a pain to try to remember how much is left on it.
I've had a few gift cards that stole the last few dollars.
Plus most places don't want to take less than $10.00 in gift cards.
Has something to do with the fees they are charger for each transaction.

[Lloyd Smale]

May I say that philosophically I'm quite opposed to these "everybody gets one" stimulus payments. I can see the Govt. helping out citizens who need the help, especially the ones that they put into that position by their Covid-19 policies. But I feel that those who do not need it should not receive it. However, it must be recognized that the Govt. has borrowed the money in all of our names, or has printed the money in all of our names which will result in higher taxes and inflation, and that will effect all of us. So, if I'm going to have to pay for it I might as well take the money. I'm sure that I'll also be taxed on it. If they offered a choice, take it or not, I'm quite certain that those who sent it back would still pay for those who did not.

DG

sad to say your right. there not GIVING you a dime that isnt already yours. All the money they wasted and play with and buy votes with is YOURS!

[Burnt Fingers]

The fact that these payments are given out without vetting the recipients is disgusting. Why should anyone who has not been financially damaged by Covid receive any payment?

We are hanging this debt on our kids and grand kids.

Knowing Government it would cost more to vet the recipients than it does to just send everyone below a certain income level money.

[alamogunr]

I discovered ours when looking at our checking account on New Years Day. $1200 just setting there. We don't need it so we sat down and picked 4 worthy works to donate it to. Two children's homes supported by the church and two local organizations, one that assists people with various problems and one that helps abused women and children. I have donated to all previously.

[SOFMatchstaff]

I've tried for 3 days to activate the bloody thing, always get the "call back later B-s..... we're to busy now" I guess I'll try again at 2AM when I get up to honor the water pill..

[marlin39a]

I got a paper check in the mail today. Used my iPhone and bank app to deposit. Cleared immediately.

[abunaitoo]

Is welfare a stimulus???????
I wonder if people on welfare are getting an extra stimulus payment????

[Handloader109]

OH, I didn't post that I finally got a PAPER check early last week. Guess they want me to go to the bank and cash and spend it....
Nope, into the bank to SAVE.

[Rockzilla]

Mine...not gotz yet.... and according to them I may not be "entitled to one"
got the first one.... didn't have to file last year...
you can check here...

https://www.irs.gov/coronavirus/get-my-payment

[Burnt Fingers]

Is welfare a stimulus???????
I wonder if people on welfare are getting an extra stimulus payment????

Of course they are.

[Murphy]

It's been a sad mess. I've watched as a longtime family owned business locally, is now out of business and the man is in his 50's. It's all he's ever known. His life is forever changed even with the stimulus package. That's on one end. On the other end, I've watched as one couple with 2 kids have lived it up like a young King & Queen. They've never had any extra cash and suddenly they felt rich. That, and the added money to their unemployment which they worked hard to make happen just so they could get it, I'm willing to say 90% of found it's way into the hands of the local big box store.

One bright spot I have seen. A young couple in their 30's didn't run out and buy the newest iPhones, Nike's, etc. They saved their checks and added to it from the unemployment benefits. They've now opened their own paint & body shop. I pray they make it, Lord knows we need more like them.


Murphy

[Garyshome]

We finally received ours last Friday
Wife won't let me buy an new AR though

[facetious]

Hi...
My wife and I got ours already.
My son received his also.
My $600 is sitting in my personal account until I decide what to use it for. Don't really need it...
My wife will spend her $600 however she sees fit...she doesn't really need it either.
My son will do with his whatever he chooses.he doesn't need it either.

I see an enormous debt being piled up with massive tax increases to pay for these pandemic payouts. And they won't bring in any where near enough money. Don't be surprised if the socialist Democrats start proposing confiscating 401(k) and IRA plans to pay down the national debt. When that doesn't work...then they will go after private pension plans.

Welcome to the New Socialist Amerika Comrade.

In a way they already have. When they did away with the stretch IRA.

Before when you hit 70 you had to start pulling a min. amount each year basted on your life expectancy and pay the tax on it. When you die and leave the rest to a kid the min. withdrawal would be based on their life expectance . If thy were to take only the min. this money could grow for many years and in the case of leaving it to a grandkid it could grow 50 years before thy retire ,and before it could be taxed. Now thy will have 10 years to pull the money out and pay the tax. This will move tax money that wouldn't have been collected for 50 years many years foreword .

Also I think the long term plan is to keep interest rates low for some time and let inflation go up. This way thy can us inflated dollars to pay for all of this at low rates.

[redriverhunter]

We got ours the other day. This time it was a paper check made out to my wife and I. I was thinking how many spouses took the money that was directly deposited into an account and did say a thing to the other. I wonder how many calls the they received where my money. The solution is a check and make both wife and husband sign it.

[FLINTNFIRE]

A check can be deposited into a joint account with no signatures and then withdrawn , Had this happen years ago , if it was direct deposit it will show on statement anyway . Same with the plastic card , call and activate and only needs one persons I.D. and then either can use the card .

[blackthorn]

If you can't trust your life partner, why are you still with her/him???

[Der Gebirgsjager]

Back with what I hope is the conclusion to my experience with the credit card stimulus payment. I returned to the same US Bank yesterday with my wife. Waited about 20 min. to get to the drive-up teller. Gave her a brief summary of my former experience, and commented to her that lots of folks, even on the internet, are really unhappy with these cards and wish they had gotten checks. She said that they (the bank) were also very unhappy, and had just yesterday received instructions on how to make them work in the ATM. She made out a withdrawal slip which my wife and I both signed in her presence, gave her the card and our I.D.s, and about 3 minutes later had cashed out the card and were plus $1,200 in the savings account. She returned the card, which I have some suspicions about, and which now resides in a pile of forgotten and expired cards of various types in my desk. The suspicions are founded in that the letter that came with the card said that you were agreeing to open an account with the issuing bank, so I think maybe you could have used the card for a purchase and overspent some and owe the bank money and financing fees. So, it's a wait-and-see, but I think that's the end of it.

DG