Tuesday, September 30, 2008
If the government is looting the treasury to the tune of of $700 billion plus, give the American people the money, not the con artists who got us into trouble in the first place.
We'll use the money to pay off our mortgages, credit card and other debt, and to stabilize the economy.
Instead of the peanuts the government gave us in the "stimulus package", this would have a real benefit, and would largely solve American's economic problems.
Say it Congress, phone it into talk shows, put it in emails and bumper stickers and freeway blogs:
"If You're Looting the Treasury, Give it To US"
The last official act of any government is to loot the treasury. If their looting the treasury, give it to the people.
As a reader named Ron puts it, distributing money to the taxpayers instead of the fat cats has many benefits:
"Pay off your mortgage - housing crisis solved.Bottom line: If the loot is given to the financial elite, it will probably be the last official act of the government. But if it is distributed to the American people, it could create a true and sustainable economic recovery.
Repay college loans - what a great boost to new grads
Put away money for college - it’ll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth"