You would be hard pressed in most circles to find many who support the government bailout of Wall Street. We are essentially bailing out misdirected companies who took advantage of regulations to get richer while driving their respective companies into the ground. Now the number for the bailout is at $850 Billion. Well I may have a better idea.
Here is a package that Main Street America might like a little better. Why not give that money to Main Street instead. Not everyone gets money though. If we gave part of $850 Billion in check for to every single American citizen that would only be approximately $2800. According to the Us Census 2008 there are 305,320,715 people living in the U.S.
How about breaking it down a lot more. How about only tax paying citizens. If you pay yearly taxes and have dependants (claiming yourself is ok) then you get the bailout. That figure per tax paying citizen gets a lot bigger. How about getting a check for $20,000 if you pay taxes every year for no less than 2 years receiving as early as age 18. Then if you own a home another check for $25,000 and if you own a home and no one else can claim you as a dependant you get an additional $10,000. There would also be military bonuses as well.
We would save approximately $274 Billion dollars! Americans would have a lot of cash to spread around. They said the government stimulus checks helped the economy. They also said it wasn’t enough. Well here you go! Now where is my check?
There would have to be a catch, right? There is. Part of the plan is to make it mandatory that you pay back any debt you have to creditors and lenders. However most Americans would have much better credit and some cash left to blow. Wall Street gets its money back from Main Street. It’s a win win!
Okay so maybe that wouldn’t work. But it sure sounds good to me. The hole in the theory is that it would be a bad idea for certain people to get this much money all at once. It probably wouldn’t be a good thing to give a crackhead or a gambler $65,000. But hey if they are a tax paying citizen then they deserve it to. The other hold up is that it would never happen ever ever ever ever! If it does you all better send me some cash for the idea!
Flint Michigan -
-bob260505@ya hoo.com-
Three time defending (division 2) four square champion
1993 United States Hacky-Sack Champion (runner up in 92 and 94) - finishing move "the Stall"
MVP of 1986 Whiffleball World Series - WWS was played in the side yard and had longer home runs.
2006 1st place league Champion fantasy baseball, 2003 and 2004 second place in fantasy football, 2003 second place in fantasy baseball and hockey, The last person out in Dodgeball in a record 17 of 22 games played in 1992 and led the gym class with over 175 kills in 92 - 93 (averaged 8.18 kills per game)
bob260505@yah oo.com
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