I have a plan to the stimulate the economy, increase consumer confidence, punish banks, stabilize Wall St., and save “Main St.” Tell me if you agree with this. Reduce the bill of 700 billion dollars to 80 billion dollars and give everyone who paid taxes last year $200,000. It would create havoc in the banking system because suddenly almost no one would need a loan and it would stabilize Wall St. because many people would be able to invest in the markets which are down at the moment and that would pick the DOW back up. Also because every one would be able to buy many of the things that they want and need it would stimulate the economy, increase consumer confidence, and save “Main St.”
I’d pay off my house. Which helps the banks eliminate the “toxic debt,” that’s poisioning the financial system to begin with. Let the FBI go after the bankers and regulate the banking system so that this kind of bullshit can’s happen again.
Tell me where this is not a better plan?
Wednesday, October 1, 2008
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