tag:blogger.com,1999:blog-12392119.post8970774694973642028..comments2023-10-25T03:24:19.388-07:00Comments on Further Adventures of Indigo Red: Another Day Older and $787 Billion Deeper in DebtIndigo Redhttp://www.blogger.com/profile/07488424336985581412noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12392119.post-57017925298171926592009-02-15T12:46:00.000-08:002009-02-15T12:46:00.000-08:00From surveys of poor folk who have won big money l...From surveys of poor folk who have won big money lotteries, Rose, we know that they will blow through their winnings in a matter of two or three years returning them to the depths of poverty again. Having no financial education, no real concept of the value of money beyond what it will buy, and the altruistic notion that everything should be shared poor folks are the better target for ant stimulus money as they will spend immediately on big screen HDTVs and cars and new homes. Investment in education or retirements that are decades away never occurs to the poor because the whole mindset has been a hand-to-mouth existence.<BR/><BR/>The wealthy on the other hand, are more likely to invest or save the money, thereby locking away larfe amounts of cash from the general currency flow and making themselves and their off-spring in a better position to care for themselves rather than live off public largesse.<BR/><BR/>And with the money given to the poor who will spend it quicker, businesses will be stimulated to provide the goods and services demanded. Trickle-up can work just as well as trickle-down.<BR/><BR/>So, yes, it is "DUH!"Indigo Redhttps://www.blogger.com/profile/17906787350123925867noreply@blogger.comtag:blogger.com,1999:blog-12392119.post-75215916922493560242009-02-15T11:14:00.000-08:002009-02-15T11:14:00.000-08:00I read a statement by a government worker that "po...I read a statement by a government worker that "poor people spend their money faster". <BR/><BR/> Huh? or should that be Duh!<BR/><BR/> There are basic needs and necessities to live. A little money just does not go a long way.<BR/>Of course, people who earn less will go through that money faster.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12392119.post-20374208400933435672009-02-14T21:21:00.000-08:002009-02-14T21:21:00.000-08:00And there's no more honor in this than in any of t...And there's no more honor in this than in any of the other honor killings.Indigo Redhttps://www.blogger.com/profile/17906787350123925867noreply@blogger.comtag:blogger.com,1999:blog-12392119.post-87439335375713109082009-02-14T21:13:00.000-08:002009-02-14T21:13:00.000-08:00Just another honor killing indigo this time it is ...Just another honor killing indigo this time it is the USA!!! :pdcathttps://www.blogger.com/profile/04363324417913254868noreply@blogger.com