Now, i'm no financial wizard, or Wall Street hot-shot. Then again, most of those guys are broke now, and i'm far from broke. I have a solution to our financial mess. It's simple, (i know that scares and confuses intellectuals and members of congress) easy to understand, easy to implement, and i'm sure, would meet with massive approval. Well, from us "older" folks anyway.
There are 40 million Americans over 50 in the US. Give each of us $1 million each with the following stipulations:
1. You must quit your job. Therefore, 40 million jobs are created. Unemployment solved!
2. You must buy a new car. Therefore, 40 million new cars sold. Auto industry problem solved!
3. You must buy a new house or pay off your mortgage. Housing industry problem solved!
For $40 billion we could be out of this mess and on an upward trend again. Much less money than has already been spent with virtually no results and the effects of this “stimulus” package would be felt almost as soon as the checks went out. I like this idea and I believe this would go a long way to solving our problems. If you agree, write your elected crook...
34 comments:
Your plan is age-ist, and as someone under 50, I object. Sure, it makes sense, and it could work, but I won't directly benefit from it, so I'm opposed to it. Where's my money? What makes you think that that just because you've lived twice as long as me that you're entitled to more?
I'm going to go pout in my room for a while. Tell me when dinner's ready.
a lousy million!!!!!
you can't buy a house in my neighborhood for a million...
what about the illegals that are over 50???
nor an apartment in mine. And then what do I do about such luxuries as food?
This will open up a blackmarket for forged birth certificates showing that people are 51 yrs old.
Maybe Bambi, could get one too..
Did someone just call me Bambi??
Sorry to disappoint,
40 million people x $1 million =
$40 TRILLION (not billion)
Market rallying thanks to Obama's plan!
I know how much anxiety this gives the conscum who hope for failure.
Remember, when the markets tank, it's Bush's fault, because Obama couldn't possibly have done anything in 50 days, he hasn't had enough time!
But when they rally, well, that is clearly a result of Obama's leadership. Apparently, he's had enough time now. I guess the claims of not having enough time won't hold any water anymore if things go back down a bit, eh?
That being said, I did the math and I'm with Math Major. $40 trillion, not billion. It seems that there are a lot of these goofy-assed ideas going around right now, and not a single one has decent enough math skills to pass the 5th grade. I remeber the $45,000 for every man woman and child idea that was going around here a while back, but the math actually worked out to $4,500. Those pesky decimal points...
Fact is, if the government would simply let us keep more of our own money, instead of taking it away and giving it to people over 50, people under a certain economic threshhold, people who are of a certain ethnic or racial background, people who don't even live in the US, and so on and so forth, we'd be in a much better position than we are right now.
The government is not the answer here, folks. "Giving" away money is not the answer here, folks. Creating even $40 billion in money and injecting it into the system when no goods, services, or net value was created by the creation of that money will hurt us, not help us. Fake, fiat money is simply a tax, that takes buying power away from every other dollar in every wallet in America in order to get some of it's own.
Government. Spending. Is. Not. The. Answer. No matter who the money goes to.
I don't care how much it costs - I want my $1 million.
AND my free cheese.
Mr. Bug is 51. I'm about to be a mere 49. But hey, I'd go for just one million. And so what if the total is $40 trillion. One trillion printed every week = $52 trillion and right now they're printing faster than that!
Heidi,
..maybe I should have said OBambi
You know, deer in the headlights, keeper of the teleprompter of the US..
Ah, I get it. You're forgiven. ;)
Heidi said...
"Your plan is age-ist, and as someone under 50,"... Heidi
You're under 50?
Um, yeah. Continue reading that first post:
What makes you think that that just because you've lived twice as long as me...
Therefore implying that I'm in my late 20's if someone in their 50's has is twice as old as I am.
Are you new around here? Just curious.
Has is? Oy. I think I new fingers.
Billions. Trillions. Why nitpic over a few bucks? You don't see president Obongo or congress doing that, do you? Jesus guys, it was a joke!
And Heidi, what is age, when such beauty is possessed. ;)
*blush*
Too bad you walking brainstems weren't interested in how much bush was spending when he put us $5trillion more in debt in 6 years thanks to tax cuts and siphoning money off to Abramoff & pals.
He DOUBLED the debt. And where were you? Celebrating the republican revolution, thinking the party would never end, seeing that tax-free future right around the corner!
Too bad it all went to shit and you lost everything.
Hey Goob, ever figure out how Fannie & Freddie tricked the hotshot MBAs at the investment houses into buying all that toxic debt? Gun to their heads? Blackmail? LOL
"Too bad you walking brainstems weren't interested in how much bush was spending..."
WE FUCKING WERE!!!!
And no matter what you now say, we bitched, complained, wrote nasty e-mails to our elected worms etc, be cause we didn't want the money spent THEN EITHER!!
The GD archives are there to read, go BACK to them and find even one place where we, any of us, agreed with ANY bailouts or crazy overt government spending.
The Dickhead thinks we have lost everything?
No - personally only about 15% - which I've almost completely recouped due to switching a few investment mixes.
Shows you how totally stupid the liberal troll is.
But still you dutifully voted republican and for bush and the republicans.
I remember hearing republicans making the claim that the huge deficits were still a small percentage of GDP. Remember Cheney saying "deficits don't matter"?
Disingenuous to now act like you weren't in favor of what was going on. You were.
You have only yourselves to blame for the mess we're in.
And how many trillions has Yo'mama spent in just 2 months?
No, your side lost everything in terms of political power.
As for your personal losses, you must have had most of it in money markets if you only lost 15%.
I'm sure you cashed out at the peak, too. LOL
----------------
Obama hasn't spent one trillion. He hasn't had a budget pass yet.
It's unfortunate that he's stuck cleaning up the shitstorm left by 8years of the idiot fratboy you voted for TWICE and his idiot republican Congress.
I swear to God, it's like arguing with my 4 y/o grandson. No matter what you say, they just go to the next nonsensical thing.
I know it's like arguing with a 4 yr. old but.... WRONG! He spent $1.2 trillion JUST buying government bonds last week and is going to spend another trillion this week buying bank's toxic assets. Not to mention bail out money.
So, when are President Barack Obama and Senator Chris Dodd and others going to give back the "bonuses" they received from American International Group (AIG)?
By now, you know the story. After receiving another $170 billion bailout from the American taxpayer, AIG paid out $165 million in bonuses to its executives.
Almost immediately, the Obama Administration and liberals in Congress FEIGNED outrage. They even had the audacity to claim that they knew nothing about these bonuses.
Speaker of the House Nancy Pelosi pontificated; "We want our money back now for the taxpayers." Senator Charles Schumer ominously threatened AIG executives; If you dont return it on your own, we will do it for you.
And in a matter of hours, the Pelosi-led House of Representatives passed a bill that would (in certain cases) tax 90 percent of the bonus money that is received from any company that has received at least $5 billion in bailout money.
Essentially, the Pelosi-led House of Representatives played the American people for fools and used our public outrage to set a dangerous and draconian precedent.
Furthering a socialist agenda, liberals in Congress basically asserted their authority to tax any individual (or group)... any amount... at any time... totally at their discretion... no reason need be given... if they don't like you... that's it.
And President Obama cheered them on. He called it "a strong signal to the executives who run these firms that such compensation will not be tolerated."
But that's not the end of the story. The hypocrisy here is staggering! Brody Mullins and T.W. Farnam with The Wall Street Journal put it rather mildly:
"Some of the most vocal critics of American International Group Inc.'s bonus payments are also the biggest recipients of campaign contributions from the company, including President Barack Obama and Senate Banking Chairman Christopher Dodd."
It's time to call these elected officials on the carpet for their hypocrisy! Since they claim with such self-righteous indignation that "we want our money back now for the taxpayers," and that "such compensation will not be tolerated," it's time to tell Nancy Pelosi and Barack Obama and Chris Dodd and Chuck Schumer to practice what they so sanctimoniously preach.
If they want to lead us down the road to socialism; let's see how they like having to live under the spirit of the laws they pass.
President Obama's $110,332.00 in campaign contributions from AIG... we want it back! Senator Dodd's 281,038.00 in campaign contributions from AIG... we want it back! Senator Chuck Schumers $111,875.00 in campaign contributions from AIG... we want that back too!
We want it ALL back... every thin dime... and not just campaign contributions from AIG. The American people want every single dime of campaign contributions paid by any company presently receiving bailout money! We want it back NOW! We want it back TODAY!
"But still you dutifully voted republican and for bush and the republicans." HLF
OK Fuckstick, I am going to say this ONE MORE TIME!!!! I did not EVER vote for "W", or Clinton for that matter. It has always been my belief that one does not spend a billion dollars for a 400 Grand Job unless they plan on getting something out of it. If your "Brainstem" had any useful electrical energy running through the last synaps you actually may comprehend what is typed on this page.
Retard
LOL! Love your pic, Cowpill!
You guys will never learn.
Anon,
it's not that we won't learn, it's that many of us hate being told what we think. I know I do anyway. And it's like trying to grab smoke by the collar, arguing with this pin head, but the shit gets old.
I do, however, retain my right of poking HLT in the snout should we ever meet.
I like a good argument, and a rousing disagreement causes us to rethink our side of ideas and ideals, but this MFer is too insulting.
That's right HLT, I'd pop you one in a heart beat, relying on nothing but brute strength and violence. And no we can't just talk, or get along.
Poor bitter sore losers. All you have is hopes for failure.
Sick.
Hey Goob, ever figure out how Fannie & Freddie tricked the hotshot MBAs at the investment houses into buying all that toxic debt?
I never claimed that any of these "MBAs at the investments houses" did any of this in any other way but their own accord, and you know it.
My point was, has been, and will continue to be that there would not have been massive amounts of toxic debt for these idiots to buy if it were not for liberal democratic policy that created them in the first place.
QUit changing the argument to make it look like you're right. All it does is make you look like you lost (which you know you did).
"And it's like trying to grab smoke by the collar, arguing with this pin head,"
Exactly my point. You are arguing with your self.
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