Category: Stimulus

Scams about Stimulus Checks

Paul

It’s that time of year where people are hearing about the Stimulus Checks and some Phishing people are still trying to get people’s information for your bank account and steal your identity. One such one is sending out email for the 2008 Stimulus Program this email account looks to be “stumulusref@i-r-s.com”. As you can see this is a .com email address and not a .gov address.

[ad#ad2-right]The IRS will never send out email. The IRS will never ask you for your PIN or Any personal information. Don’t reply and don’t open any attachments, more like is if they send out any attachments they are going to be a virus and you will infect your system with any number of possible viruses out there. To protect yourself from virus you should consider installing one of the many free anti-virus softwares and also installing a firewall will help protect you. Only true way to prevent yourself from being a victim is YOU. No one else can keep your information private but you.

Rumor: GE to be the next to layoff its workers!!

Paul

GE to Layoff 11,000 Workers!! GE to Layoff it workers!

According to sources of friends close to me, their seems to be a consensus that there will be a major layoff coming from GE. My source is talking about it being a lot of people will be laid off and that it will start happening in the coming weeks.

According to Yahoo Finance saying this “52 week change of GE is -50.86% from last year. ”

[ad#ad2-right-1]Now last year this time there Stock Price was 38.38 a Share and now they are 18.60 a share.  They dropped -19.78 over the year.   The seemed to get close to the 38.38 a share on April 4, 2008 with making  37.56 a share.  That was there highest this year, due to the fact that people were getting there income tax refunds in the mail.    Also NYSE says they had a slight increase in July and Aug, that is due to the Stimulus package that we got in 2008.

Now I’m not a financial expert in the least.  I just see what I see with stock prices.  These could mean they are doing extremely well, or they could indicate that the company is planning on laying people off.  I’m just trying to provide a background on why they might lay people off.  We are getting to he point of becoming a Depression and no longer a Recession.  What do you think?

White House is Open to a new Stimulus Check Yet again?

Paul

The Economy is still trying to rebound after being told that there is a recession coming our way.  Can they actually make the economy better by introducing even more money?  Did it help the last time around?  The 2008 Stimulus Check that they released doesn’t seem to have made a great amount of difference.  So why introduce even more money into a economy that will have to bottom out, sooner, or later.

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You see having the economy bottom out, is actually good for it.   It clears away the dead and creates life, just like a forest fire it will create even more life in the future.

So what about this New Stimulus Check that the White house is thinking of doing?  Are we going to have to pay more in the future for this so called free money?   I am curious as to what people think about this?   Do you want another Stimulus check or should we let the economy fix itself?

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According to the Swamp, White house open to new ‘booster shot’, in the article they talk about this boosting our economy but I don’t think so!!!  It will not boost it just make it even harder to bottom out and will most likely cause it to last even longer. Is it even going to make much of a difference, you decide.  I want to hear you opinions.