Wednesday, January 7, 2009

Economic Stimulus? I have a Plan

I don't know how I keep getting on these economy subjects, but here I am again.



President Bush isn't in much of a position to do anything about it rather than keep the dam from bursting until he's out of office. Nothing against him, just the way it is with a change of administration.



President elect Obama has his team in place to get a package together to the tune of 700 million, with tax cuts, incentives, bail outs, etc.



I'm here to tell you right now... I have a plan!!! I've done some thinking on this, and though I've pushed a few numbers around, I've a few small figures to get done and I will have it.



The problem with these government officials is that they are ALL wealthy. They really don't have a clue as to what we have to go through everyday just to put food on the table ( notice I said food, not a meal, not always meat either, I just mean food).

They haven't been at the bottom ever, or at least for a lot of years, in that, they have no intention of going back there even in thought.



They keep trying to fix the problem on a corporate level, and it just won't work.



Here's the problems:



Consumers are losing houses because;

1. they bougth houses they could not afford

2. financed w/ ARM, never realizing that intrest rates might go up



Banks going under because:

1. they were de-regulated so that they could make a ton of money buying and selling junk mortgages

2. are now losing their shirt because of bad loans

3. nobody was putting their money in banks



Auto Industry needs cash because:

1. they've been so arrogant about who they are that they forgot who we are.

2. in a Wall Street Bull market, everyone wants luxury, that's what they made to sell us



There's more problems than we can shake a stick at that we just don't have room to mention.

My PLAN will:



Put $$$ back in the pockets of the people

decrease the $ needed for the Auto bail out to 25% of what they are asking

eliminate the need to bail out the rest of the financial market

but enough back into the economy to begin rebuilding our infrastructure

drop unemployment payments by 96%



and much more... all for the tidy sum of aproximately 375 million, which is a whole lot better than a TRILLION or 700 million.



it's so simple even a heating & air guy can figure it out

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