Replies to post #76229 on Intel Corp (INTC)

[tecate]

It won't stimulate shit, but it is something the United States promised these people... I don't think it should go to their heirs.. but it's a bit late for college funding etc for a 90 year old guy... as a country we should do what we promise, should it be part of this package, no, but they seemed to have a hard time getting this thru before. It's sort of like pork, Inouye should not have pushed it, he did, welcome to the American government, each and every jerk we elect from our invdividual states is out for their own state and your interests (should they coincide with your elected officials' interests) probably in hawaii this is somewhat big issue.

Certainly this is known as the 'greatest generation' and given what I've seen, they were.

http://www.washingtontimes.com/news/2009/jan/30/senate-bill-allots-millions-to-filipino-veterans/

http://query.nytimes.com/gst/fullpage.html?res=9404E2D81330F931A15757C0A9679C8B63

I suppose in 50 years they will be referring to the Iraqi war vets as the great generation too, certainly war sux.

[wbmw]

Re: Are you arguing that a $200M handout to Filipinos is "relief". I suppose to the Filipinos it is...

Why not? I don't have a number handy that would be the appropriate amount of relief for a subgroup of Veterans who has been under-represented by the system, but $200M is as good a number as any. There's already a budget in the government for Veterans, so the Filipinos might as well get a cut, too.

As for whether this is a negative aspect for the bill, maybe in your eyes it is, but I really don't mind some percentage going towards direct relief efforts. The majority of the bill goes towards stimulating the economy and creating jobs, or in state relief that keeps people employed.

Actually, the tax relief part is a little excessive in my book, but it seems to have helped to get 3 Republicans on board, which was enough to pass the rest of the bill. I just don't think that getting $400 more in tax returns is going to help anyone. I'd rather see more direct business tax credits for small businesses getting into helping the healthcare system, or energy independence. At least, that results in something that will benefit the country, while a blank check to the average American has many ways of being used that is not stimulative to the economy.