TomF75

Five Missing Pieces to the Stimulus Plan

I think you hit the nail on the head. According to my math TARP + Stimulus = $1.525 Trillion. That works out to about $5,083/person (assuming 300M Americans).

Here's a novel idea, send me & my wife a check for $10,166 and I guarantee we'll do a better job stimulating the economy than either of these two boondoggles has or will accomplish!!


On Jan 29 09:46 PM Captainess wrote:

> Should also add in eliminating pork barrel spending and special interest
> projects. Supposedly $650 million more on digital tv conversion coupons??
> Are we going to pay Oprah to star in more ads warning about the perils
> of not getting the right tv? Hey, how about giving that $650 mil
> to everyone to just buy a new tv for some direct stimulus...

Should Banks Be Publicly Traded?

Interesting thought. I find it hard to believe their isn't a market for good ol' fashioned George Bailey style Thrifts. I'd invest in one. Many people on SA have talked about the repeal of Glass-Stegal having led to this. I do wonder considering the law of unintended consequences if NOT repealing G-S would've led to many of our banks being gobled up by large international mega-banks (e.g. Mitsubishi, HSBC, Santander, et.al.). Almost like a necessary evil when you think about it. Food for thought.