Whatcha going to do with the $1k Uncle Sam send you?

[liv2ski]

weed

You of all people should be growing your own.

[buttahflake]

You of all people should be growing your own.

He’s got kids and he lives in Tennessee. Last person that should be growing weed.

[Toadman]

I thought I read that there are certain pre-qualifications to get that $1k? Or, is it anyone with a SSN gets $1k?

I just spend a couple hundy at my local bike shop. And got a take out pizza from the local pizza place in my 'hood. Doing my part to help out local biz during these tough times. Sucks going into a local restaurant with zero people in it, when it normally would be about 50% full on a Tuesday night.

[jackstraw]

I thought I read that there are certain pre-qualifications to get that $1k? Or, is it anyone with a SSN gets $1k?

I don't think anyone really knows wtf is going on yet. It will be part of the stimulus bill I believe.

[Woodsy]

Hookers and blow duh.

we are done here gentlemen

[Toadman]

DEPARTMENT OF THE TREASURY
WASHINGTON, D.C.
STAGE THREE PROPOSAL
Key Terms
I. APPROPRIATION TO THE EXCHANGE STABILIZATION FUND FOR SPECIFIED USES
A. Airline Industry Secured Lending Facility ($50 billion)
• This provision would appropriate an additional $50 billion to the ESF and authorize
use of those funds for secured lending to U.S. passenger and cargo air carriers
• Treasury Department to determine appropriate interest rate and other terms and
conditions
• Secured by collateral specified by the Treasury Department
• Requirements on borrowers would include:
o Specified continuation of service requirements
o Limits on increases in executive compensation until repayment of the loans

B. Other Severely Distressed Sectors of the U.S. Economy ($150 billion)
• This provision would appropriate an additional $150 billion and authorize use of
those funds for secured lending or loan guarantees to assist other critical sectors of the
U.S. economy experiencing severe financial distress due to the COVID-19 outbreak.
II. TEMPORARILY PERMIT USE OF THE EXCHANGE STABILIZATION FUND TO GUARANTEE
MONEY MARKET MUTUAL FUNDS
• Temporarily suspend the statutory limitation on the use of the Exchange Stabilization
Fund (Section 131 of the Emergency Economic Stabilization Act of 2008) for
guarantee programs for the United States money market mutual fund industry.
• Sunset date: Terminate authority to establish any new MMMF guarantee program
upon the conclusion of the National Emergency Concerning the Coronavirus Disease
2019 (COVID-19) Outbreak declared by the President on March 13, 2020.
III. ECONOMIC IMPACT PAYMENTS
• This provision would authorize and appropriate funds for two rounds of direct payments
to individual taxpayers, to be administered by the IRS and Bureau of the Fiscal Service.
o $250 billion to be issued beginning April 6
o $250 billion to be issued beginning May 18
• Payment amounts would be fixed and tiered based on income level and family size.
Treasury is modeling specific options.
• Each round of payments would be identical in amount

IV. SMALL BUSINESS INTERRUPTION LOANS
• To provide continuity of employment through business interruptions, this provision
would authorize the creation of a small business interruption loan program and
appropriate $300 billion for the program.
• The U.S. government would provide a 100% guarantee on any qualifying small business
interruption loan.
• Qualifying loan terms:
o Eligible borrowers: Employers with 500 employees or less (phased out)
o Loan amounts: 100% of 6 weeks of payroll, capped at $1540 per week per
employee (approx. $80,000 annualized)
o Borrower requirement: Employee compensation must be sustained for all
employees for 8 weeks from the date the loan is disbursed.
o Lender: U.S. financial institutions




o Streamlined underwriting process: Lender verifies the previous 6-week payroll
amount and later verifies that the borrower has paid 8 weeks of payroll from date
of disbursement.
o Authority for the Treasury Department to issue regulations establishing
appropriate interest rate, loan maturity, and other relevant terms and conditions

[Bobby Stainless]

You of all people should be growing your own.

I don't want to go to jail. I also burned myself out in CO. I dont see myself ever growing again.

[BmillsSkier]

How much does an AMG shift knob run?

[rideit]

Wife and I are going to donate 20%, but it remains to be seen who we will give it to. Food bank or something.

[MiddleOfNight]

+1 to spend at local businesses.
get take out, put advance on next year's jitsu membership, buy gear for summer .. anything to help keep the local folk afloat.

[Skidog]

+1 to spend at local businesses.
get take out, put advance on next year's jitsu membership, buy gear for summer .. anything to help keep the local folk afloat.

Been trying our best to support the various local eateries which are doing seemingly well with takeout biz. Trying to do our part staying home otherwise. Getting nutty. Kids schools meeting to discuss if they will continue school year at all. Trying to start a new job in a house with 2 kids, a wife, 2 dogs and a cat with no dedicated office at the moment has been a challenge.

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[happytimefunbox]

Pay taxes

[nickwm21]

You guys are expecting to actually get a $1k check?


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[4matic]

I can't remember whether I got a check in 2009.

[muted]

Maybe buy 1000 shares of ford after it drops a bit more?

[liv2ski]

I can't remember whether I got a check in 2009.

I am certain we did not and this time I'm sure we won't either. But that's okay

[Ted Striker]

Yeah, I didn't get anything in '09.

[My Pet Powder Goat]

Hang on to that post bud, you all may be needing that $1K to survive.

Not in a post pandemic hyper-inflation dystopia! That 1,000 will buy you one loaf of Trump brand bread. Spend it now on ammo, TP, and of course, hooker and blow.

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[Dantheman]

My sister is a recently-divorced restaurant server with a 3 y.o. and a lot less savings than I do. If I get anything it's probably going to her.

[MakersTeleMark]

My sister is a recently-divorced restaurant server with a 3 y.o. and a lot less savings than I do. If I get anything it's probably going to her.

Pics or GTFO.

[rideit]

I said this elsewhere, but Trump supporters should really refuse the check in order to prove that they have faith in Dear Leader to turn this situation/economy around.

[up an down]

I said this elsewhere, but Trump supporters should really refuse the check in order to prove that they have faith in Dear Leader to turn this situation/economy around.

It's going to be a debit card with loaded with $1,000 that can only be used at a Trump resort/hotel/restaurant... And Trump will say that his businesses never had to ask for any bailout money.

[4matic]

Not in a post pandemic hyper-inflation dystopia! That 1,000 will buy you one loaf of Trump brand bread. Spend it now on ammo, TP, and of course, hookers]

Deflation is the risk.

[Cono Este]

If I get anything, I’ll tip my regular waitresses and bar tenders very well the next time I see them. I figure I owe them $40 a week.

These gals have kids, etc. just horrible what is happening.


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[CarlMega]

Over $99K / year and you ain't getting diddly. Declining amounts start at 75K/yr. Roughly double the numbers for married folk filing jointly. I was going to donate mine to local doggie shelter but I'll just be doing that out of my own pocket.