Feds to Distribute $2,000 debit cards to Hurricane Katrina victims (Drudge)

Drudge Report ^ | 9-7-05

[cgk]

...developing.

Searched, no story yet.

[gopwinsin04]

Plasma TV's for everyone! Instant reparations....

[Kokojmudd]

I remember Newt Gingrich proposing an annual government services atm card (worth 9k in cash) for every American....contingent on shutting down most bureaucratic operations. That was about 20 years ago.

[Lead Moderator]

Welcome :)

[I see my hands]

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Only 2K? I can hear the bitching already.

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[RedEyeJack]

Yes provided that no one is naive or otherwise surprised about the choices that they make...

[Veritas et equitas ad Votum]

Perhaps not stupid, just a socialist.

Me, I'd prefer a stupid capitalist, at least that way he'd only try to spend his own money instead of wasting mine for me...

[snowsislander]

I wonder what the tax status of receiving one of these debt cards will be?

[Petronski]

Works every time!

[NonValueAdded]

So if you are self-relant, smart enough to get out of Dodge and stay with relatives, etc., or even pay for hotel space far away from the path, then you're SOL?

[Kokojmudd]

Is the card being issued by the Federal Reserve Bank?

[metmom]

I'd rather see them get something like WIC coupons. Stuff that can be used only for food or clothes. Although they will still be traded and sold for drugs, I think it's better than handing out cash for that reason. You can never make it crook proof.

[pa mom]

Can we get some volunteers to teach basic budgeting and cash management?

[biblewonk]

ping. Saw this on TV yesterday.

[superiorslots]

Quote: The other 5% will be waste, abused, bureaucratic errors.




A government program with only 5% waste? Your dreaming. 40-50% of these cards will be wasted.

[goldstategop]

Let just put them all on welfare for the rest of their lives and drop the phony pretense we want them to be self sufficient and stand on their own feet again.

(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)

[jess35]

This is the FINAL straw. Fine. Give them their $2,000 payoff that should keep them happy for 2 or three days...then blow the levees and ensure the destruction of NO is complete with zero chance of ever rebuilding.

[notigar]

I'd say the people floating in the water dead are the ones who are SOL.

[jdm]

"Only 2K? I can hear the bitching already."

I think it's $2K for every month before things are back to normal. So appx. $8K for each person, before the year is up. (sarcasm).

[Graybeard58]

This will turn out to be the best thing that ever happened to some of these people.

A piddling amount compared to the $4,000+ that many people get as tax "refunds" due to the Earned Income Credit.

[michigander]

then you're SOL?

Of course. What a country!