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Originally posted by ravenshadow13
In retrospect, per person, that really isn't a lot of money at all. Less than 30k? It wouldn't do much.
I don't have a better plan. I wouldn't have a plan at all.
Originally posted by FritosBBQTwist
Yeah - it would only work if these companies are actually failing due to the amount of debt owed to them. If that is the case, then like you said - that DEBT be paid off.
Then we have the problem of those without debt wanting money, or "debt money" too. Unless only a certain set of income would get it. The problem with that is then it is called welfare on the most extreme of levels, and would cause uproar IMO.
Does anyone know for certain how this money is being used? Are these people in debt all still losing their houses? Are these people in debt getting bills paid for free? Are these companies getting the "debt money" from the govt. AND the money from the people? I might do a little research if no one here knows off the top of their head.