Holy Buck, Fatman!

I’m not an economist by any means; I just play one on the internet with my simplified understanding of how things should work. I have read a ton of books, had some interesting discussions and studied the historical implications of other policies that were executed in the past. I often yield to more experienced blogs when it comes to more complicated opinions. My opinions come from the experiences of the common lay person. I suppose that makes me what they call an “armchair Economist” In light of what has recently been happening, here is my take.
The stupidest possible thing the government can do is put together a stimulus package. This has been hammered home in tons of economic blogs, but no one is really listening. Take for instance this quote from the Daily Reckoning: ( a Baltimore Based News letter about global economics. These guys are NOT your typical talking heads you see on 24 hr Business news channels. These guys called the Big Shit pile some years ago and they were spot on.

“I just don’t get it! What would make these people think that? We’ve never been in a debt situation, government or public, like we are today, so I’m wondering how they think a stimulus package that puts money into people’s hands that go out and spend it and it’s gone, whoosh, vanished into thin air, is going to be the magic elixir for the economy”

Lets hear it for B-more. We’re a little unconventional in thought on many issues, but damn—someone needs to listen.

The village idiot we have in the white house has sent out three tax rebates in the past. The first rebate I remember I did not get a check. The second rebate I received a $400 check. This time, I think the government needs the fucking money more then I do. Wtf am I expected to do with this money? Oh yeah—That’s right—I am expected to go out and put a down payment on a flat screen television. Or a Blueray DVD player or buy me some new clothes. Fuck THAT!

One of my guilty pleasures on Teeveee is “Clean House” on the Style network. There are other shows similar to it, but I like Nicey, so…Clean house it is. Mister Fatman groans every single time I put it on, but I’m just fascinated by it. There are major reasons I watch the show. First, It is terribly apparent that shopping/consuming and hording things are the quick fixes for every problem from depression to issues people refuse to face. Stuff is the comfort that makes someone feel good about themselves. It makes them feel wealthy. It brings satisfaction that they got it on “sale”. Stuff defines them as a person and sometimes consumption can get out of control. The other reason I watch the show is—well….YOu should see my effin office. It’s a shithole of stuff that I need to get rid of!!!! After watching several episodes of the show I have come to realize I realllllly don’t need that much shit and my money is better saved then spent. When it’s time for a purchase, it better be functional. It’s taken me a long time to realize that the shit I have, I’m not using. I need to get rid of it or put it to use. I can’t wait to organize my own purge. Lastly–I saw the end results of a friends recent purge and Damn…I’m jealous. Downsizing is good.

WE’ve been told from the very beginning of the bush administration that we need to spend spend spend. From the moment those first tax rebate checks came in to today. Shopping is what holds us afloat. what if everyone decided to take their rebate checks and save it? what if we all decided to open an add on CD at our local bank or Credit union and started to add on to the damn thing? It would benefit the banks and would start a trend of saving like our Asian friends across the pacific pond.
Hell no. No saving in “murka. I just heard on the news today that China is a bit worried about the ‘murkin consumer’s inability to shop. They’re worried about their jobs.

Guess what, china? So are we.