What is your solution to this financial crisis?

I'm against the $85,000,000,000.00 bailout of AIG. this only the money for AIG that I'm talking about.



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

U.S. Citizens 18+.



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 on the $425,000.

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 that is

being proposed by one of our candidates for President.



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.'



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



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 WashingtonDC.





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

$25.5 Billion is returned instantly in taxes to Uncle Sam. What is your solution to this financial crisis?
Cut back on the spending and start saving in order to pay off the huge debts owed by the government and by the private sector.



If the debts are so big that they can't pay them off. Then they should be honest about it and say so. Let those who can't pay default on their debts.



This is the only way to escape debt slavery for individuals, private companies, and the US governments. Because transferring the debts from one entity to another doesn't do anything to decrease the amount of debt.



What the government is doing now is simply shuffling a huge IOU note from one pocket to another and hoping that somehow it will disappear into thin air if they just happen to put in the right pocket.


Set an inflation rate target of 20%! This can be met by the Fed issuing more dollars, which can be used to finance public projects (e.g. transport infrastructure, urban re-generation), leading to a Keynesian-style boost to the economy . Banks would be less inclined to hoard cash, as this would be losing value over time - more likely to lend instead. Under this scheme, wage rises of around 20% would be the norm, nominal interest rates could be around 25% (with a real interest rate of around 5%), and mortgage assets would deteriorate in value due to inflation, making lending institutions such as banks the main losers - they'd get over it!What is your solution to this financial crisis?
1. Increase government over sight of the financial system

2. Increase capital gains and estate taxes

3. breal up and privatize Fannie and Freddie


Remove the government from the mortgage business. Repeal the Community Reinvestment Act. Other than that, nothing.



Robrob, increasing tax rates decreases economic activity.What is your solution to this financial crisis?
let it burn andf build again because at least we pay for our sins not our children no one cares about there children let them pay congrass love to make future people pay there bills