HOWTO: Keep the Economy Alive
Posted: 9/21/2008 11:09:39 PM
By: Comfortably Anonymous
Times Read: 1,563
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Topic: History of this planet
Parent Message

If the patient (economy) is hemorrhaging and all you do is give more transfusions without fixing the cause, the patient will die.

Fix this not by giving more money to the banks, instead give money to the taxpayers who are barely able to keep a roof over their heads. Give tax money back to the taxpayers who paid that money. Now there's an idea that makes far more sense.

These companies/organizations "in charge" have adequately demonstrated that they are incompetent thieves, and according to the "free market" religion, the free market should immediately cast them out of the gene pool. They are not only incompetent, they are also incontinent it seems with all the fewmets (dragon droppings) heading our (the ordinary people) way. It's time for them to stop defecating feces at us and start dropping golden nuggets at us.

It's the only true, long-term solution that won't bankrupt anybody or anything. Instead of putting every taxpayer in the country $64,000 further into debt, instead give every taxpayer $64,000. The measly $1,500 they gave out earlier this year was only a couple house payments for normal people, or even less - not enough for anyone to seriously catch up with all the massively increased prices for basic necessities. The rich don't like that, cause it'll create inflation, meaning that their money is worth less. Sure, it makes our money worth less too, but a few percent of $20,000 is a lot less than a few percent of a billion.

But think of this: Most people will just hand it right to the banks anyway, to help pay down mortgages that they cannot afford. Bang - We've killed two birds with one stone(!!!) - BOTH the Banking Liquidity Crisis, AND taken a major load of every struggling taxpayer. Think About It - It makes way too much sense and is even very simple to understand.

Big Corporations and Big Governement should try becoming symbiotic with us instead of being parasites on those very people who make it so they can rise to these outrageous heights. It'll be better for everybody.

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HOWTO: Keep the Economy Alive
Posted: 9/21/2008 11:09:39 PM
By: Comfortably Anonymous
Times Read: 1,563
0 Dislikes: 0
Topic: History of this planet

I used that post in a letter I sent to my congressman, Lee Terry.

Here's the whole thing I sent:

First time I've written to you, but have participated in a couple of your town hall phone conferences.

I don't even know how to properly compose my thoughts on this issue, but I've got to say that I am completely opposed to this trillion dollar fat cat bailout that's being proposed. I've been researching it a lot over the weekend. While yes, it's going to mean near-term problems for the economy if we don't bail these people out, I think it's going to create far more long-term problems if we do the bailout of these same people who mismanaged the economy. No lesson learned, and my unborn grandchildren on the hook for it. The numbers come out to where EVERY taxpayer in this country ends up an additional $64,000 in debt. Not an acceptable solution.

Please help the "real" people of the country. Nature abhors a vacuum and if these companies fail, then more pragmatic companies will fill the void.

Do your best to avoid this future quagmire. Don't rescue the fat cats, rescue the "ordinary" people who are already struggling so bad.

Here's my suggestion on how to handle this situation in a better manner. (I think you'll find it an interesting solution that can fix two major problems at one time):

To put it in medical triage terminology: If the patient (the economy in this case) is hemorrhaging and all you do is give more transfusions without fixing the cause, the patient will die.

Fix this not by giving more money to the banks, instead give money to the taxpayers who are barely able to keep a roof over their heads. Give tax money back to the taxpayers who paid that money. Now there's an idea that makes far more sense.

These companies/organizations "in charge" have adequately demonstrated that they are incompetent thieves, and according to the "free market" religion, the free market should immediately cast them out of the gene pool. They are not only incompetent, they are also incontinent it seems with all the fewmets (dragon droppings) heading our (the ordinary people) way. It's time for them to stop defecating feces at us and start dropping golden nuggets at us.

It's the only true, long-term solution that won't bankrupt anybody or anything. Instead of putting every taxpayer in the country $64,000 further into debt, instead give every taxpayer $64,000. The measly $1,500 they gave out earlier this year was only a couple house payments for normal people, or even less - not enough for anyone to seriously catch up with all the massively increase prices for basic necessities. The rich don't like that, cause it'll create inflation, meaning that their money is worth less. Sure, it makes our money worth less too, but a few percent of $20,000 is a lot less than a few percent of a billion.

But think of this: Most people will just hand it right to the banks anyway, to help pay down mortgages that they cannot afford. Bang - We've killed two birds with one stone(!!!) - BOTH the Banking Liquidity Crisis, AND taken a major load of every struggling taxpayer. Think About It - It makes way too much sense and is even very simple to understand.

Big Corporations and Big Governement should try becoming symbiotic with us instead of being parasites on those very people who make it so they can rise to these outrageous heights. It'll be better for everybody.

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HOWTO: Keep the Economy Alive
Posted: 9/21/2008 11:09:39 PM
By: Comfortably Anonymous
Times Read: 1,563
0 Dislikes: 0
Topic: History of this planet

Hi Pals, you're not alone with your thinking...

I'm against the $85,000,000,000.00 bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.

To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18 and up: Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up. So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18 and up as a We Deserve It Dividend.

Of course, it would NOT be tax free. So let's assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000, 000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?

  • Pay off your mortgage - housing crisis solved.
  • Repay college loans - what a great boost to new grads
  • Put away money for college - it'll be there
  • Save in a bank - create money to loan to entrepreneurs.
  • Buy a new car - create jobs\
  • Invest in the market - capital drives growth
  • Pay for your parent's medical insurance - health care improves
  • Enable Deadbeat Dads to come clean - or else


Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we're going to re-distribute wealth le t's really do it...instead of trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!

As for AIG - liquidate it. Sell off its parts.

Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up.

Here's my rationale. We deserve it and AIG doesn't.

Sure it's a crazy idea that can "never work." But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom? I trust my fellow adult Americans to know how to use the $85 Billion

We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .

And remember, The Family plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.

Kindest personal regards,

A Creative Guy & Citizen of the Republic.

PS: Feel free to pass this along to your pals as it's good for a laugh

Glenn Freezman

Family Abstract, Inc.

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HOWTO: Keep the Economy Alive
Posted: 9/21/2008 11:09:39 PM
By: Comfortably Anonymous
Times Read: 1,563
0 Dislikes: 0
Topic: History of this planet

That's almost as bad.  A number of these taxpayers were ALSO the problem in that they were spending money on things they could't afford.

If people have lost their home because they were too lazy/stupid to understand what a subprime mortgage is, giving them $64,000 isn't gonna help.  Similarly with those who have lost their jobs but now have no savings to fall back on, but still have a big screen TV, 2 brand new leased vehicles and a timeshare in Maui.

IMHO, give the money to (a) successful businesses and (b) people with a credit rating over a certain value.  Rewarding failure, greed, stupidity or incompetance is just idiotic.

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