News:
School is starting to wind down. Just got tests then follow up finals and I feel good about them. Weather is improving of course. Nice to have it but it's getting pretty warm at night. My dad doesn't want the a/c on just yet. Darn.
Utah Jazz are in the playoffs at the lowest seed (8th). I dunno if they can pull a road win off the Lakers. But I hope so.
It seems that finally those who were in support of the TARP program are changing their minds after 20 investigations (more to come) into criminal activity have been in the spotlight in the news. Never give money to those who can't even be responsible with their own. Really now...
I have reconfirmed that Five Guys has fantastic burgers.
Also, I've learned first hand that the SLC Tribune online opinion community is filled with many a-holes that live only to demean others with different opinions. Why do they even use up their time for such purposes? I joined while watching the jazz game last sunday and quickly left it before the jazz game ended.
Edit:
Here's a comment from a not-so-smart fella on the subject I had participated. Note: if you are this guy, sorry, but you're not too bright from a logical standpoint. So he's quoting and responding from another person's comment:
Mikey1969:
"Mr. Jones, I got a tax cut that means 30 dollars more per paycheck, and if I were SMART, I'd invest it all into something..."
You don't really understand what a recession is, do you?
A recession is a slowdown in spending(I believe we covered this when I was in the 7th or 8th grade). For one reason or another, people spend less. When people spend less, companies they do business sell less. When they sell less, they order less materials and use less advertising. When this happens, the manufacturing and advertising companies slow down. As a result, people get laid off, can't pay their bills, and the whole thing snowballs, getting bigger and bigger. The solution is to get people to spend money again. The reason last year's stimulus didn't help any isn't because Bush is a moron(He still is, mind you), but because people either stuck the money in the bank or paid down debt. This tax stimulus is designed to get you spending that extra $30, whether you buy cokes at the convenience store, go to a movie, or treat the family to dinner. The point is: you are spending money, putting it back into the cyclical flow, and as a result, stimulating the economy. This is a long process, but it should result in the opposite of what I mentioned in the beginning, in short, companies will pick up, they will fill their rosters, and they will do more work.
Will it work? Who knows, but sticking your money in some investment fund isn't going to do a single thing to pick the economy back up from where it has fallen.
You don't really understand what a recession is, do you?
A recession is a slowdown in spending(I believe we covered this when I was in the 7th or 8th grade). For one reason or another, people spend less. When people spend less, companies they do business sell less. When they sell less, they order less materials and use less advertising. When this happens, the manufacturing and advertising companies slow down. As a result, people get laid off, can't pay their bills, and the whole thing snowballs, getting bigger and bigger. The solution is to get people to spend money again. The reason last year's stimulus didn't help any isn't because Bush is a moron(He still is, mind you), but because people either stuck the money in the bank or paid down debt. This tax stimulus is designed to get you spending that extra $30, whether you buy cokes at the convenience store, go to a movie, or treat the family to dinner. The point is: you are spending money, putting it back into the cyclical flow, and as a result, stimulating the economy. This is a long process, but it should result in the opposite of what I mentioned in the beginning, in short, companies will pick up, they will fill their rosters, and they will do more work.
Will it work? Who knows, but sticking your money in some investment fund isn't going to do a single thing to pick the economy back up from where it has fallen.
To Mikey1969:
Mikey 1969, you're silly. It's scary that this kind of ignorance is real in a 40 year old where he believes any form of smart investing has no value to the economy. This might suggest that you have no habit or tradition to save and invest any of your income. Or you might actually be saving your money into a bank or credit union without knowing the fact that money is used for investments and economic growth.
Quick definition of a bank from wikipedia:
A bank is a government-licensed financial institution whose primary activity is to lend in order to increase economic growth.
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