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WHAT ARE YOU GOING TO DO WITH YOUR $600 CHECK ?? Locked

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  • Member since
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  • From: Colorful Colorado
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Posted by Texas Zepher on Friday, January 25, 2008 1:03 PM
 tomikawaTT wrote:
If you have seven children who all qualify as minor dependents, your spouse is NOT unemployed!
Well this whole discussion is according to the IRS view point.  She brings in zero income and is therefore unemployeed.
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Posted by DigitalGriffin on Friday, January 25, 2008 1:05 PM

<sigh>

I do not qualify for any refund.  Lucky buggers.

Don - Specializing in layout DC->DCC conversions

Modeling C&O transition era and steel industries There's Nothing Like Big Steam!

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Posted by Arjay1969 on Friday, January 25, 2008 2:03 PM
 MisterBeasley wrote:

Some of us are talking about putting sound in an engine, or buying some rolling stock off of eBay.  You are going to put your money towards a house with, dare I say it, a basement.  You're going to make the best investment of any of us, I promise.

 

Oh, I know...and it's going to be the biggest investment that SHOULD last a lifetime. Smile [:)]

 

And You have no idea how much I WISH there were basements around here.  But not in my area of Texas. Sad [:(]

Robert Beaty

The Laughing Hippie

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Posted by on30francisco on Friday, January 25, 2008 2:32 PM
I plan to put it in the bank and save it. I have just about everything I need for model railroading. I am very frugal when it comes to buying things I absolutely don't need.
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Posted by IRONROOSTER on Friday, January 25, 2008 2:33 PM
 vsmith wrote:

Well you better not run out and spend money you dont have yet, earliest mail delivery date I heard was JUNE!

...

And that's if it's passed through both houses of Congress and signed by the president by March 1st - none of which has happened yet.  Also at this point in time the Senate looks like they will add stuff which will drag the process out as everbody renegotiates the deal.

So I agree - don't spend it before it's in your hot little hands.Laugh [(-D]

Enjoy

Paul 

If you're having fun, you're doing it the right way.
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Posted by twhite on Friday, January 25, 2008 3:05 PM

I'm hitting Caboose Hobbies in Denver for a couple of used brass Rio Grande C-45 2-8-0's.  One can NEVER have enough 2-8-0's. 

 

Tom Tongue [:P]

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Posted by loathar on Friday, January 25, 2008 4:36 PM
 IRONROOSTER wrote:
 vsmith wrote:

Well you better not run out and spend money you dont have yet, earliest mail delivery date I heard was JUNE!

...

And that's if it's passed through both houses of Congress and signed by the president by March 1st - none of which has happened yet.  Also at this point in time the Senate looks like they will add stuff which will drag the process out as everbody renegotiates the deal.

So I agree - don't spend it before it's in your hot little hands.Laugh [(-D]

Enjoy

Paul 

Yep! This is NOT a done deal yet. Ted Kennedy said today he wants to add at least 5 pieces of pork onto it or Dems aren't gonna vote for it.

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Posted by wjstix on Friday, January 25, 2008 5:00 PM
 MisterBeasley wrote:

 Arjay1969 wrote:
BEing "Po' Folk", my wife and I will definitely qualify.  As for how much of it will be spent on trains....simple answer is:  None.  It'll all go into savings so that we will have enough saved up in the next couple of years for a downpayment on a house (and let's not go into the whole housing market debate...I'm depressed enough about it).

If you aren't already in trouble with one of those dangerous "balloon" mortgages or ARM's, all of this is actually good news for you.  First, housing prices are falling, so your dream house is already cheaper than it was last year.  Second, mortgage rates for qualified buyers of reasonably-priced homes are also falling, thanks to government intervention and lack of demand.  Usually, when rates go down, prices go up, and vice versa, but right now both are down.  The situation is good for buyers, bad for sellers.

Some of us are talking about putting sound in an engine, or buying some rolling stock off of eBay.  You are going to put your money towards a house with, dare I say it, a basement.  You're going to make the best investment of any of us, I promise.

I got pretty lucky on that one, sold my old house just before the bottom fell out of the market - actually got a couple thousand more than the assessed value for it, even my realtor said if it just got close to assessed value I'd be lucky compared to some sellers. After only one year in the new house (with a big basement) we refinanced and got an better interest rate (although the original one wasn't too bad).

Now if I can explain to my wife that when you buy things with credit cards, you really do have to pay for them eventually!! Laugh [(-D]

Stix
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Posted by Lord Atmo on Friday, January 25, 2008 5:02 PM

i'll believe it when i see it. i bet it's only for full-time jobs. i work part time.

but hypothetically speaking if i ever did get such a check, i'll be buying some nice P2k locomotives for sure

or a bigger steamer. big boys and pacifics are nice, but cost appendages 

Your friendly neighborhood CNW fan.

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Posted by New Haven I-5 on Friday, January 25, 2008 5:23 PM
 Oh! I'll reserve Athearn's new HO scale SP MT-Class 4-8-2!!!

- Luke

Modeling the Southern Pacific in the 1960's-1980's

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Posted by Kenfolk on Friday, January 25, 2008 5:37 PM

I read this morning that oil prices started climbing again --as a result of the economic stimulus package!

Must've been an economic stimulus package for the countries a well-known Texan visited this past week! 

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Posted by ouengr on Friday, January 25, 2008 6:30 PM

I think that I will invest the money.  I am very concerned that the impact will be negative if this is interpreted as a loan against future taxes.  I have heard that a rate reduction on small busniesses is in the bill and I think that this is a good thing.  I would prefer to see the 2001 and 2004 tax cuts made permanent and a further rate reduction for those who actually pay taxes to a one shot injection of cash into the economy. 

If we cannot have what will grow the economy, I will take a quick injection of cash and buy a 6-month CD with it. If I find out that it wont hurt me next spring then I will move it into other investments. 

As far as oil prices are concerned, I am sick of the high prices.  We need to drill and produce all of the oil that we can here until we can find  a viable and affordable alternative.  I look forward to the day where we can have our cars and not use a drop of a depleteable fuel.  Maybe I am dreaming but our fathers thought that they were dreaming when we sent a man to moon. 

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Posted by Anonymous on Friday, January 25, 2008 7:04 PM
Send it back, they need it more than I do, besides, I paid for it anyway, it aint free money.
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Posted by Packer on Friday, January 25, 2008 7:54 PM
 Kenfolk wrote:

I read this morning that oil prices started climbing again --as a result of the economic stimulus package!

Must've been an economic stimulus package for the countries a well-known Texan visited this past week! 

It's not very well known, but most of our oil comes from Canada and Mexico. Wish we could drill for oil and build some more refineries, would give us a huge break on gas prices, and the price of plastic.

Vincent

Wants: 1. high-quality, sound equipped, SD40-2s, C636s, C30-7s, and F-units in BN. As for ones that don't cost an arm and a leg, that's out of the question....

2. An end to the limited-production and other crap that makes models harder to get and more expensive.

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Posted by D&HRR on Friday, January 25, 2008 9:20 PM
  the way it looks right now my wife and I would get $2100.00, hmmmm, I think I will get a gallon of gas.Grumpy [|(]Dunce [D)]
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Posted by jbinkley60 on Friday, January 25, 2008 9:54 PM
 DigitalGriffin wrote:

<sigh>

I do not qualify for any refund.  Lucky buggers.

I also will not qualify for a refund.  But then again, I am not counting on Social Security either but I help out by paying in the maximum every year.  It sounds like many here will get some new train stuff.  Nothing wrong with that.

 

Engineer Jeff NS Nut
Visit my layout at: http://www.thebinks.com/trains/

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Posted by R. T. POTEET on Friday, January 25, 2008 10:08 PM

I'm going to see if I can find something I need that's not made in France, Germany, or Communist China; if that turns out to be impossible I will probably make a contribution to the Republican National Committee.

From the far, far reaches of the wild, wild west I am: rtpoteet

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Posted by vsmith on Saturday, January 26, 2008 10:34 AM

 keydiverfla wrote:
Send it back, they need it more than I do, besides, I paid for it anyway, it aint free money.

Not a chance, if I get anything back its going straight into the First National Bank of Me, not whissed away on overseas boondoggles like the Hasni Musharif Presidential Retirement Fund.Evil [}:)]

   Have fun with your trains

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Posted by Anonymous on Saturday, January 26, 2008 12:31 PM

If Congress can work with such clarity and focus of Mission we would all be better off I think.

Why is it that a Government can deploy Armed Forces to fight within hours and still need months to break it's own inertia to issue simple checks that contain actual money.

Thinking about this today I understand it will be past June before the checks arrive. They can keep the money because the year will be finished and over with by the time I or wife gets to do anything with it.

I bet that this money issue is costing our dear Uncle millions of dollars more in man hours, paper, printer ink and other associated costs of mass mailings, printings, accounting etc.

Now I see people being left out of the money from the sky issue and want a part of it. I find it interesting that we can ship carebear packages to faraway lands by the billions of dollars and cannot even take care of our own folks.

Finally but not last, I have a hard time reading about how the VA is always out of money or some other problem here at home and the Government opens a spigot and sprays money everywhere.

That needs to be resolved. Because inflation might come like a hangover does after sunrise.

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Posted by Dallas Model Works on Saturday, January 26, 2008 1:04 PM

Put it in the bank and wait. You can be certain the first thing the government did before announcing the program was to figure out a way to claw the money back.

 

Craig

DMW

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Posted by tstage on Saturday, January 26, 2008 4:18 PM

I think this thread has run its course.  Time to start talking trains again...Smile [:)]

Tom

https://tstage9.wixsite.com/nyc-modeling

Time...It marches on...without ever turning around to see if anyone is even keeping in step.

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