Give everyone $1,000,000.00 to fix economy
Give everyone $1,000,000.00 to fix economy
#1Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 1:35pm
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.
Phyllis Rogers Stone
Broadway Legend Joined: 9/16/07
#2re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 1:36pm
I'd take a quarter of a million.
Hell, I'd take them paying off my mortgage.
#2re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 1:38pmWe're gay, so that's probably all we'd get anyway, Phyllis. If anything.
Phyllis Rogers Stone
Broadway Legend Joined: 9/16/07
#3re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 1:50pm
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
Yawper
Broadway Legend Joined: 9/13/04
#4re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 1:56pm
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!
#5re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 2:01pmYes 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!
Phyllis Rogers Stone
Broadway Legend Joined: 9/16/07
#6re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 2:02pmSocialism is only for the wealthy and the corporations!
Yawper
Broadway Legend Joined: 9/13/04
#7re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 2:24pm
GE is in line for up to $139 billion in bailout money!
http://www.businessweek.com/ap/financialnews/D94E62P80.htm
CJR
Broadway Legend Joined: 5/14/03
#8re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 6:18pmI 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...
Yawper
Broadway Legend Joined: 9/13/04
#9re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 6:29pmYeah, 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.
TheatreDiva90016
Broadway Legend Joined: 4/10/04
#10re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 6:43pm
It makes me ill.
Where IS this money coming from, considering the country is in Trillions of dollars in debt?
#11re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 7:03pmIt'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?
Yawper
Broadway Legend Joined: 9/13/04
#12re: Give everyone $1,000,000.00 to fix economy
Posted: 11/14/08 at 7:12pm
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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