posted on Oct, 2 2008 @ 10:25 AM
I have been thinking about this whole bail out deal a lot. I am not going over what the bail out is about, you guys already know and if you don't
just search the topic in the search bar.. Anyway, instead of giving the banks that threw us into this mess the 700 billion why not cut every American
a check for a million bucks?? Think about it.. Every family gets a million dollars. First thing, debt will be paid off. Most Americans are busting
their butts trying to pay off debt. With a million dollars, there is more then enough to pay off ALL of your debt and the credit industry will be back
to normal.. Next, pay off the mortgages. Now we have the banks back in the right financial state without giving them ALL of the money from the
bailout...and people will be able to keep their homes. Better yet, people will be buying homes, so the real estate industry will not be suffering
anymore. In addition to that, the construction industry will be a good place to make jobs because people will be building homes as well as buying.
Now, I don't know about you guys, but after squaring my debt away, paying off/buying a new home, and getting a car that actually runs.. I'm going
shopping!! The economy would BOOM if everyone in the country had enough money to shop.. I'm not talking go to the store and spend a hundred bucks.. I
mean SHOP. Stocks would soar and the American economy would be back to normal. Not only that, but the stores and such would need more employees due to
the rise in shoppers. That would provide jobs for everyone. More cars would need to be made because the demand would go up, so factories would be
looking for more help. It would just be an all around good deal IMO.
What do you guys think? This is just what I think would benefit EVERYONE. Not just a select group.