Why would it have been so outlandish to simply send the bailout/stimulus cash to the people of the US?
Answers:9 | LastUpdateAt:2012-11-05 07:31:02
- jasper1
- Asked at 2012-08-16 23:46:04
1.Rent/Mortgage vouchers .
2 . Debt / credit vouchers.
3 . Home owner bailouts
4 . Billions of aid refunds university position
In this way the money would trickle down to corporations anyway and people would have a huge load of pressure off of them - and the government would get a lot of new taxes in
.
Auto industry - would be in better shape after people pay back arrears
car loan
Real estate - get huge amounts of mortgage payments back
Tenants -
receive huge amounts of back rent
Colleges - billions in unpaid loans payments university
and industry begins to move slowly because many would not survive to pay the bills
Then again that makes sense and obviously do not believe that DC . We will give bankers and finance throw our 'friends' projects will not begin for 2-3 years. Nice people, very nice.
Think of a plan sponsored by the government and the coup. Been removed .
The baby boomers of today can opt out of future social security benefits in exchange for this benefit start now . Instead of paying the amount of the estimated benefits will begin laying down in a few years , they could accept a smaller amount at this time.
While other programs could replace the amount of their benefits .
This benefit is not taxable under $ 100,000 a year . Banks and financial institutions could be sure that the money would be there, in a sense guaranteed by the government to pay their loans. With so much uncertainty that wants to get a loan? Who wants a loan?
It would not be cost savings and other benefits to this plan. Crime rates fell by people who do not want to lose their advantage by breaking the law and going to jail.
Otherwise the only alternative seems to be trying to pump the market stearoids backup . It created the Federal Reserve Bank to deal with a financial meltdown , now you just created a mini - me, a clone version of the Fed bank to do exactly what the Fed did during the last crash , provide liquidity . Everything is based on a farce. We need real reform.
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- Why would it have been so outlandish to simply send the bailout/stimulus cash to the people of the US?
- Do we need a fiscal, cash stimulus, bailout, loan from aliens from outer space?
- The U.S. bailout and stimulus pledges now total $11.6 trillion. How are we going to pay this back?
- If my parents get a home equity loan for me to buy a condo in cash, can I simply pay their monthly payments?
- Why not free people's debt instead wasting money with the stimulus packeges?
- Are people finally starting to realize that Obama's stimulus is a complete failure?
- Are people confused about what the bailout means? ?
- Shouldn't Sen. McCain change and say he will fight to keep the people in their houses, instead of bailout?
- Why doesn't Congress listen to advice of ECONOMISTS regarding the bailout? Instead of people who PARTICIPATED?
- Can Anybody Find Any Stimulus in the Stimulus Bill as implemented thus Far?