"Waiting for Washington"? WHAT? You all think every reckless pussy investor is SUPPOSED to be bailed out by the Gummint?
That $800 isnt going to do anything to the economy, I was listening to some fox programming on saturday morning and they did mention that the 2001 rebate plan worked well to stimulate the economy, I didnt do much research to see if it did or not but todays market and economy is a lot different than it was only 6 years ago. With consumers in debt already do you really think they are going to go out and spend that $800 on some new flat panel TV or be smart enough to pay off some credit card debt. I think they should have held off on this rebate, they seem to be trying to hard now from keeping the economy from going into a recession.
I, as a "pussy investor", certainly don't need to be bailed out, nor do i think the Government should bail out other "pussy investors." But i do think action to prevent a huge swelling in the unemployed ranks is justified. I emphatically don't think, however, that dropping fiat money from crop dusters will be all that helpful.
Get real - that isn't the right question. This is a political problem now. That crash in 1987 and the economic fallout ended the Republicans for over a decade and may well end them now. You don't want to fck with lifestyles of the investor class or be blamed by them.