Tuesday, September 30, 2008

Give the 700B to the people

My bailout plan is a lot better than the one in Washington. This past summer Obama was talking about a windfall tax on oil companies and it was brought up the this Obama spokesperson that it would cost about 10B dollars to do it, which just happens to be about the total profits of all the oil companies this past year, but I digress.

The plan was to give everyone that got a tax stimulus check $1,000. Well, if the Obama plan was 10B dollars for $1,000 to everybody then 70B dollars would be good for $70,000 to each person that got a stimulus check. Couples would recieve $140,000.

Imagine what would happen in our country with such an outpouring of cash. Let's see, that credit card debt problem that the US has, gone. Those loans to the automakers would be unneccesary as you know people would buy cars. They would buy just about everything under the sun. The banks would be flush with cash from paying off the credit cards. Home loans would go up. People would pay off their mortgages. People would bring their delinquent loans up to date.

And best of all, no executives would get even richer off of our tax dollars as they would not get a cent, well, they would get their $70,000 just like you and me. This plan does it all, for the people anyway.

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