Admin

Here Is An Idea

By
Mortgage and Lending with iMortgage

Why don't the Big 3 car companies ask for a bail out from the oil companies? They will both benefit. The car companies will continue to make gas guzzlers and the oil companies will have lots of clients.

Why not take the next stimulus package and instead of giving the money to banks, insurance companies and other places that would not make a bit of difference, give every tax payer that filed taxes in '07 a $25,000.00 check. This would cost far less than the new 500 billion that Congress is proposing again. We will be able to infuse this money back into the economy by buying all kinds of things like homes, cars, TVs, all kinds of consumer goods and this would really stimulate the economy. As for those that will save the money, it will be good for the banks as well. They will be increasing their reserves and will have money to lend. I see this as a much better and fairer way to get this economy of the ground as opposed to what is happening to the first stimulus package that the banks and insurance companies got and it did absolutely nothing to the average Joe.

Anyway, it's just a though. If we had more money, we would spend it far wiser than the government has done so far.

Kris Kombrink ~ The Kombrink Team
RE/MAX Excels - Chicago's Western Suburbs - Geneva, IL

Funny but thoughtful post, Maurice.  As weird as your idea is it actually makes sense.  And yes, we would spend the money wiser.

Dec 03, 2008 02:53 AM
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

That is fantastic. The brightest minds in Leadership couldn't think of that. Good work.

Dec 03, 2008 02:57 AM
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

I think there was a calculation done that the 700 billion could be 462 thousand per person over 18 years of age.

The oil / auto maker thing is brilliant.

Dec 03, 2008 02:59 AM
Lori Isaacson
Credit Restoration Consultants - Plantation, FL

This is so smart. What a great idea....if only we ran the country......or at least had a say!!!

Happy Friday!!

Lori

Dec 05, 2008 01:49 AM