Where Your Rebate Check Goes
Friday, June 06, 2008 | 04:00 PM
in Consumer Spending | Retail
Our Friday afternoon digression comes via Mark Faber's Doom, Gloom & Boom report, this has to be the funniest thing I've read all week:
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"The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good car it will go to Germany. If we purchase useless crap it will go to Taiwan and none of it will help the American economy.
The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part, and I thank you for your help"!
>-Eliot Spitzer (former Governor, New York)
Friday, June 06, 2008 | 04:00 PM | Permalink
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Of all the great posts and all the great comments i read here, this is the kind of stuff i usually end up emailing to everyone i know.
Posted by: bselznick | Jun 6, 2008 5:15:33 PM
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