It is amazing how many don't see that Big business has become a criminal enterprise.  Take over a corporation, set up some puppet CEO, pay off the board, then rake off the profits, manipulate the books, leave and the house of cards fall.  Move on and start again.  It's a "shell"  game folks.

Butt, let me guess, you are more concerned with abortion, gay marriage, Edward's haircut and killing dem dare terrorists?

It's called slight of hane..when you get someone asking questions about your money..you divert their attention to these other issues.

The meek won't inherit the earth, they are called "fish" by the con men.

    Texasstarsun may be right but consider this.  democratic congress majority ended in 1994 when publicans got a super majority under gingrichs contract with america 2years into clinton administration.  Plenty of time to change things if they were as you say.  fannie and freddie did not package the subprime loans into investment vehicles that were so tangled up that it is almost impoosible to rewrite them because no one knows where the loans originated.  fannie and freddie were not making loans at teaser rates that would adjust people out of their homes.  This was left to the likes of a mozillo and other predators.  Also are all these loans in foreclosure from poor people, blacks and latinos as your blog intimates, i doubt it. The right and fair thing to do is to rewrite the mortgages for these people who were the victims of invsetment gurus, leave out the speculators, and prosecute and fine away the ill gotten greed of those responsible for this mess, no matter how long it takes.  Set up a special loan unit within fannie and freddie to make loans to the working poor at rates and payments they can afford even if it takes longer than a traditional 30 year.

I LOVE THIS PROPOSAL !!

I’m against the $85,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving $85,000,000,000 to America in

a We Deserve It Dividend.

To make the math simple, let’s assume there are 200,000,000

bonafide adults in the U.S.

Our population is about 301,000,000 +/- counting every man, woman

and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+  into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a

We Deserve It Dividend.

Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.

Every individual 18+ has to pay $127,500.00 in taxes.

That sends $25,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket.

A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?

Pay off your mortgage – housing crisis solved.

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

Pay for your parent’s medical insurance – health care improves

Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+  including the folks

who lost their jobs at Lehman Brothers and every other company

that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it...instead of  

trickling out

a puny $1000.00 ( “vote buy” ) economic incentive.

If we’re going to do an $85 billion bailout, let’s bail out every  

adult U S Citizen 18+!

As for AIG – liquidate it.

Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can “never work.”

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the $85 Billion

We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC.

And remember, The Birk plan only really costs $59.5 Billion because  

$25.5 Billion is returned

instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.

But can you imagine the Coast-To-Coast Block Party!

ok, If these people on Wall St. & whereever else are going to get  "clean slate" so to speak, what about people who have no other choice but to default on credit cards, are they going to have their credit reports "paid on as agreed"???

also, the people who are trying to refinance BUT CAN"T, do we get relief or do we have to wait & go into foreclosure?

r frick,

If we give the money to the middle class then we cannot regulate where that money goes. If the government uses this money and actually regulates what happens with it then we can find a way out of the mess.

How many people used their stimulus check to pay off debt?

I honestly don't have an answer to that question, but my guess is that less than 50%.

I agree with a few of the posters here. Vote for change! and I mean not a Republican or Democrat. There are 2 others on the ballot, I'll vote for one of them. They surely can't do any worse!

Here's a plan: The government would give a loan to the bank which would have to be repaid. The bank wouldn't be able to pay any Dividends or Bonuses until the loan was repaid in full.

Yes all those involved with their greedy hands in the till should go to prison and hand over the windfall they got for during wrong.

Texasstarsun,

 Perhaps no one told you, but the republicans took controll of congress in 1994.  They held that controll until 2006 when the democrats won by a small majority.  Unfortunately, the democrats don't have enough of a majority to reverse the damage caused by twelve years of neo-con corruption and greed.  Now I know you hate democrats, but the mantra of the neo-cons has always been deregulation.  They claim that if you leave big business and banks to their own devices they will do the right thing.  Have they done the right thing?   I suggest that you stop guzzling the Koolaid and start getting your facts from sources a little more reputable than Fox news and Rush Limbaugh.

                                                  Bokonon

These CEO's should be casterated and hung for their  behavior, and attitudes about  running big business.

The one sure thing, God gave them what they asked for and wanted, but they will also get what they deserve in the end.  

I don't know why those retards from Congress don't add to the "screw the American Citizen-bailout" program stipulations where all these CEO's and other top executives are strupped from all that money and prosecuted... punishment... send them to Afganistan so they Taliban can kill those MF... I would be content with that.

But that's not going to happen because they are friends with all those croocks in Washington...

ok, so you cant have it both ways. we live in a capitalistc society where cash is king. In a captialistic society, social financial security is put at risk for the sake of higher cash returns. In this enviroment, people begin to do funny accounting and fuzzy math to reach those higher return. Its like a pyramid scheam that will eventually run out of peopleto scam. Well guess what, the wall street scammers have run out of bank to screw and they are coming after the only ones left, the tax payers. You could have voted differently. maybe for a balanced socialy responsible representative but noooo. You had to gamble on a prayer and lost...