Comments for "How to fix the economy."
January 28, 2010, 1:26 amHow to fix the economy.
There recently was an article in the St. Petersburg Fl. Times. The Business Section asked readers for ideas on: "How Would You Fix the Economy?"
I think this guy nailed it!
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Dear Mr. President,
Please find below my suggestion for fixing America 's economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses, use the following plan. You can call it the "Patriotic Retirement Plan":
There are about 40 million people over 50 in the work force. Pay them $1 million apiece severance for early retirement with the following stipulations:
1) They MUST retire. Forty million job openings - Unemployment fixed..
2) They MUST buy a new American CAR. Forty million cars ordered - Auto Industry fixed.
3) They MUST either buy a house or pay off their mortgage - Housing Crisis fixed.
It can't get any easier than that!!
P.S. If more money is needed, have all members in Congress pay their taxes...
Mr. President, while you're at it, make Congress retire on Social Security and Medicare. I'll bet both programs would be fixed pronto!
Comments
Comment by Jack-C - January 28, 2010, 7:55 amBut they couldn't do that because most of those mortgages were tied up in the bankers' fraudulent finance schemes. Had everyone paid off their mortgages, the banksters would be unable to return the deeds because they are held by layers of ponzi scheme participants. What the govt. has done is to keep the ponzi scheme intact. As all rational people know, ponzi schemes are doomed to failure because they are not based on tangible assets, but rather, a promise of a piece of phantom assets.
We are in this mess because we allowed banks to get involved in investing. As with any other investor they should have been allowed to fail as a result of their bad investments. The fact that they are now labeled "too big to fail" means they can make any investment they want with the knowledge that they CAN'T LOSE. It also shows who really runs this corrupt govt. The Supreme Court's recent decision on corporate campaign financing is the final nail in the coffin of representative govt.
On top of it all, every so often they have to create a crisis like 9/11, so they can be there for us and prtoect us from the evil enemy. But it comes with a price. Our freedoms are slowly being ripped away with the growing presence of the police state. Under the guise of "Homeland Security", they now have an excuse to inflitrate evry aspect of our lives through technology that we aren't even aware of.
You ain't seen nothing yet.
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But alas, GOOD IDEAS are not what they want....they've got their own agenda in store for us, and I can assure you, it's not one in our best interest, despite the lies they tell.