From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature
Should U.S. Govn’t issue "Economic Stimulus Debit Cards" that Can’t Be Spent Gambling?
It might serve Taxpayers if U.S. Government issued Americans “Economic Stimulus Debit Cards” that can only be used to pay for retail goods, utilities, medical bills and other primary items Americans need to survive during these hard economic times?
Media has not broadly addressed, and it is not known—if legalized gambling contributed to the large number of credit card, mortgage defaults, and home foreclosures that plague the nation: or how many Americans have written checks against their home-equity-line to cover gambling losses. Legalized gambling has gone national and now exists in several states.
Democrats want Congress to approve a Second Rebate/Stimulus Plan that could provide billions of Taxpayer Dollars to Americans to stimulate economic recovery and help overcome the credit crisis. Our elected representatives repeatedly state—millions of small American businesses are the backbone, the engine of the U.S. Economy. If that is true, shouldn’t Government make every effort to ensure that Americans spend their next multi-billion-dollar “taxpayer Stimulus”— at businesses that don’t put Citizens at risk of losing their economic cash stimulus?
It might serve Taxpayers if U.S. Government issued Americans “Economic Stimulus Debit Cards” that can only be used to pay for retail goods, utilities, medical bills and other primary items Americans need to survive during these hard economic times?
Democrats want Congress to approve a Second Rebate/Stimulus Plan that could provide billions of Taxpayer Dollars to Americans to stimulate economic recovery and help overcome the credit crisis. Our elected representatives repeatedly state—millions of small American businesses are the backbone, the engine of the U.S. Economy. If that is true, shouldn’t Government make every effort to ensure that Americans spend their next multi-billion-dollar “taxpayer Stimulus”— at businesses that don’t put Citizens at risk of losing their economic cash stimulus?
It might serve Taxpayers if U.S. Government issued Americans “Economic Stimulus Debit Cards” that can only be used to pay for retail goods, utilities, medical bills and other primary items Americans need to survive during these hard economic times?
Add Your Comments
§Unfortunately, money is "fungable"
That means that if you have X dollars in your pocket with which you were going to buy food, etc. and I gave you a "card" which could only be spent for food (not gambling) you could gamble with the X dollars you no longer needed to buy food.
Add a Comment
We are 100% volunteer and depend on your participation to sustain our efforts!
Get Involved
If you'd like to help with maintaining or developing the website, contact us.
Publish
Publish your stories and upcoming events on Indybay.
Topics
More
Search Indybay's Archives
Advanced Search
►
▼
IMC Network