If the federal government gave every American (or even every family) one million dollars, it would cost less than half of the bailout package.
There are 350 million Americans.
No oversight needed.
Plus, they could tax the money so that reduces the cost even more significantly.
Obviously not a realistic solution, but it does put things in perspective a bit.
Broadway Legend Joined: 9/16/07
I'd take a quarter of a million.
Hell, I'd take them paying off my mortgage.
We're gay, so that's probably all we'd get anyway, Phyllis. If anything.
Broadway Legend Joined: 9/16/07
Sigh. It's scary when grown people don't understand satire. C'est la vie. At least all the smutty talk in the chat threads survives!
Updated On: 11/14/08 at 01:50 PM
Broadway Legend Joined: 9/13/04
A lot of people would buy cars, which would help the automakers. A lot of people would buy or payoff their houses, which would stabilize housing values. A lot of people would pay off their other debt so that their personal finances would stabilize. The only losers would be the drunken gamblers playing liars poker with other people's money on Wall Street.
Works for me!
Yes but then the bankers wouldn't be able to afford their conventions in 5 star hotels running up $500,000.00 tabs over a weekend!
Broadway Legend Joined: 9/16/07
Socialism is only for the wealthy and the corporations!
Broadway Legend Joined: 9/13/04
GE is in line for up to $139 billion in bailout money!
http://www.businessweek.com/ap/financialnews/D94E62P80.htm
Broadway Legend Joined: 5/14/03
I have to laugh. I said this when they first proposed the bailout and people looked at me like I was insane
If in Heaven you don't excel, you can always party down in hell...
Broadway Legend Joined: 9/13/04
Yeah, it's not really surprising, given the last eight years of Bush and buddies looting. Lo and behold it all occurs just before he leaves office so he doesn't have to deal with the aftermath. Very conveniently timed.
It makes me ill.
Where IS this money coming from, considering the country is in Trillions of dollars in debt?
It's sort of frightening and mind-boggling to me how the entire global economy seems to be based on theoretical amounts of money and IOUs. Does the actual money for this exist anywhere?
Broadway Legend Joined: 9/13/04
All money is is a piece of paper that's supposed to represent the value of "stuff" or of labor. When your stuff and/or labor are no longer considered valuable, you're screwed.
So follow that thought through...what does the US have to offer the rest of the world that they might want but can't achieve themselves and what should we be asking for in exchange?
Updated On: 11/14/08 at 07:12 PM
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