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Was the stimulus money the government gave to Chrysler all paid back?
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∙ 11y ago
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If you could have your way and say what stimulus moneys should go to then who should receive that money and how would it make our economy better?
Money from the stimulus should be given back to taxpayers and businesses directly so they can spend it, not government. Government cannot improve the economy, only the market can.
Will you have to pay back the stimulus tax rebate?
"no its a gift from the government and not taxed. YET LOL" THIS IS NOT TRUE. We had our taxes done yesterday, and the stimulus amount was deducted from our return total. You DO have to pay it back. It was a LOAN.
When the second stimulus checks be mailed out?
No such thing
What republicans want to do with unspent stimulus funds?
They would like to return the unspent money back to American taxpayers.
Why is Denny Hecker in prison?
Denny Hecker owed hundreds of millions of dollars to Chrysler Financial, and when he realized he couldn't pay back the money, he decided to defraud the federal government which landed him in jail.
How much money was involved in the Chrysler bailout?
The below answer is incorrect. Chrysler took about $4 billion before they filed bankruptcy. It will not be paid back. The government has since given them close to $8 million in loans that will have to be paid back, post-bankruptcy. "Actually none. The 1979 "bailout" just guanteed loans that Chrysler got from the private sector. Kinda like having Uncle Sam co-sign for you. As protection, the Feds held Chrysler assets as colateral if they had to start making loan payments on behalf of Chrysler. But the K-car was a big success and Chrysler paid off their government backed loans ahead of schedule."
if i apply for a Government Grant for me to go back to school would i have to pay the money back?
if i apply for a Government Grant for me to go back to school would i have to pay the money back????”
Where does the stimulus money come from?
Answer #1:The money is borrowed from the Federal Reserve (a private bank, look it up) on interest and this in turn causes inflation (printing money out of thin air). Our puppet politicians sell this idea to the people as a good thing, when in reality it is burying us into a giant hole of debt. Sooner or later we will be all slaves to international bankers like the Rothschilds and Rockefellers. Those who don't study history are cursed to relive it. Weimar Republic all over again. Debt free is the way to be. Farewell America. Answer #2: (aimed to be slightly less bias about towards the stimulus ending the world)When the government needs money, they sell notes / securities. These securities are to be paid back by the government with interest. This is not new, and has been around for a long time. US Savings Bonds are an example of this. China is a major financial backer for our stimulus packages. We will, in turn, pay them back with interest.We do not "print money." This has been done in the past. Germany did this after a world war and their money became worthless. It's a myth that we are doing it now.
What the result when a government prints paper money without gold to back it up?
When the government prints paper money without the gold to back it up, the result is inflation.
When a government prints paper money without gold to back it upit results in what?
When a government prints paper money without anything to back it up, inflation results. The money becomes worthless.
When the government prints paper money without gold to back it up what's the results?
When the government prints paper money without the gold to back it up, the result is inflation.
Do you have to pay interest back when you get a government grant?
No, when you get grant money you do not need to pay any of it back. Think of it as FREE money.
