Grabeard

How to Solve the Banking Crisis

The news has repeatedly mentioned $2000 as the added debt load for the U. S. taxpayers resulting from the Paulson $700,000,000,000,000
bailout plan. Perhaps my math is flawed but if you divide $700,000,000,000,000 by 305,283,091(9/28/2008 est. U.S. population)= $2,292,953 debt for every citizen.

Perhaps providing this amount to each citizen in lieu of the banks would pay approximately 40% to the U.S. government for taxes, a substantial amount for state taxes, payoff a very large percentage of the bad mortages, provide a substantial nest egg for bank or brokerage deposits to fuel our economic engine , and fund a
large increase in education for the future of our country.

Another alternative would be to bypass the government by providing warrants and/or shares of any profits directly to the debtors I.E. the taxpayers. A potential boost for future retirement and medicare needs?

What are your thoughts?

How to Solve the Banking Crisis

The news has repeatedly mentioned $2000 as the added debt load for the U. S. taxpayers resulting from the Paulson $700,000,000,000,000
bailout plan. Perhaps my math is flawed but if you divide $700,000,000,000,000 by 305,283,091(9/28/2008 est. U.S. population)= $2,292,953 debt for every citizen. Perhaps providing this amount to each citizen in lieu of the banks would pay approximately 40% to the U.S. government for taxes, a substantial amount for state taxes, payoff a very large percentage of the bad mortages, provide a substantial nest egg for bank or brokerage deposits to fuel our economic engine , and fund a large increase in education for the future
of our country. Another alternative would be to bypass the government by providing warrants and/or shares of any profits directly to the debtors I.E. the taxpayers. A potential boost for future retirement and medicare needs? What are your thoughts?