It’s Brooke here. Pat will add more later when he gets back.
PD Now: Ok…If anyone complains about our constant focus on the temperatures this morning I may lose it. We deserve it some of the time, but this is crazy. My temperature gage on the dash of my car went from 19 degrees in the garage (cold anyway), to -6 in the seven minutes it took me to get to work!
These are two words you don’t hear together very often. Republicans and Democrats in D.C. know they have to do something to try to prevent the economy from going into a recession so they are working on a plan that would mainly give some Americans a tax rebate check. The details about how much each family or person will get is still not clear but it would be up to 800 dollars a person and up to 1600 for a family. Income guidelines would decide who gets the money. You’ll likely hear more details soon because lawmakers say they want to hammer out a plan and approve it in three weeks. Some of you could be getting that money by April or May.
Pat and I were debating whether people will actually spend the money or use it to pay off debt. Patrick thinks people will pay their credit card bills using this money, but I tend to think people will see this as an opportunity to buy something they felt they shouldn’t buy or couldn’t afford before they got the money. If you haven’t noticed by now, we live in a country where people LIKE to spend money. If the average person in America has credit card debt of 3,000, then I think it is a sign people will spend at least part of the tax rebate. And THAT is what the federal government wants people to do.
10:30 AM: It looks like Congress has a deal…or at least the House has a deal on the stimulus package. There’s no details as of the writing of this update, but it sounds like the $300 we thought was coming back to most people will be about right. The for income that I heard about were anyone making less than $75,000 or couples making less than $150,000 would qualify.
Starbucks for a Buck
The folks that brought you the four dollar cup of coffee are going the other way to try and compete with Dunkin Doughnuts and McDonald’s. Seriously, I understand I’m addicted to Starbucks coffee… admitting you have a problem is the first step right? I think that’s a great idea. I also think it’s about time. Starbucks overextended it’s brands and forgot what made it special. The whole idea was that you could really only get Starbucks in the coffee shop, and the specialty drinks were…well special. Now…if you can’t find Starbucks coffee or food, you’re not trying hard enough. I think the company devalued it’s own brand and allowed the rest of the market to elbow in. Now there’s really not all that much that’s special about the brands…and I think we’re seeing the company acknowledge that with this $1 cup of coffee.
Life on Mars
Did anyone else see the pictures…they’re floating around the Internet and some people claim they’re evidence of life on Mars. A rover from NASA took the shot. I see how some people might think it looks like a person or some form thereof…but really people. We’ve been looking at Mars for years and haven’t seen a thing…now there’s just one “thing” up there wandering around? Maybe it’s Elvis.
My brother-in-law from Alaska thinks the world is coming to an end. He came here thinking it would be a little warmer. No such luck. He said Alaska has been experiencing temperatures in the 30’s and there is no snow on the ground where he lives near Fairbanks. Welcome to Iowa Robert!
Have a good day everyone.