I feel that the biggesst worry is that our hard
earned tax dollars are getting trampled by the ludicrous CEOs
and we are all
being taken advantage of. We as citizens know that you can
throw money in the
hands of the very individuals that started this catastrophy
in the first place.
My community came together and discussed this horrific
display of how the
government is now becoming a socialistic dictatorship on our
very land.
Think about it. Why should the government be
throwing money at the top, common business sence says you
build from the bottom
up!
What the government needs to do is take back the monies given
totaling
$1,040,000,000,000 dollars + of our taxpayers money since it
is evident
that the rich and greedy are taking this money and as in AIG
taking
vacations (Expensive ones) and running. We could see
companies after
recieving the monies or most of what they can get and will
possibly
claim bancruptcy or sell off and never return the monies.
It is time for the goverment to look at this
from another perspective. The government needs to take this
700 billion and get
it back ASAP and then dispurse it throught the taxpayers 18
years and older who
has made less then 100,000 in the year. This will give almost
around 80,000 to
every person. If you are married that is 160,000. Those
monies will pay
off the mortgages, the car loans, the credit cards and all
other debts
to these devilish corportions and will allow the families to
then be
able to put money
back into the economy because they can now afford to buy that
flat screen they
have always dreamed of. They can purchase that new car
instead of
driving a 8-10 year old vehicle that is killing our air and
can
purchase that Electric hybrid that is better for the world.
In turn
this will cause the biggest stimuli the world has ever seen.
Goverment needs to stop listening to the lobbist
and start lestening to the people.Stocks will rise when every
person in america
start to invest in the market again because they can! They
want to see
the upturn put the money in the hands of the people and let
them
rebuild the markets and the economy.
It is time for the government to WAKE UP!
||||||||||||||The Breakdown|||||||||||||||||||||||||||||
299,398,484 total in US
31.4 percent is under 18
19 percent had reported incomes above $100,000 over 18
15.5% refuse to pay taxes
4.7 million over 18 are felons or Ex Felons
299398484 x .314 = 94,011,124 are under 18
94,011,124 - 4,700,000 = 89,311,124
89,311,124 + 94,011,124 = 183,322,248
299398484 - 183,322,248 = 116,076,236
299398484 x .19 = 56,885,712 made over 100K
299398484 x .155 = 46,406,765 do not pay taxes so do not get
stimulus
116,076,236 - 56,885,712 - 46,406,765 = 12,783,759
700,000,000,000 (Asset Relief) + 30 billion (Bear Sterns) +
200 billion (Fannie and Freddie) + 85 billion (AIG) + 25 Billion
(Auto Industry) = $1,040,000,000,000
$1,040,000,000,000 divided by 12,783,759 = 81,353.22
This is per Census stats
What Ideas do you all have and how could the government make
this a win win for everyone?
In response to assignment:
Bailout outrage