OK, instead of bailing out large banking firms and huge manufacturers, how about a nice healthy bailout for, ‘we the people’?
It is already estimated that total bailouts, those already given and those looming on the horizon,will exceed ,000,000,000,000 (trillion).
My demographics may not be accurate and are based strictly on the info that I was able to access on the web, and assuming these totals are accurate, there are appx. 72 million households in the U.S. (renter’s and those purchasing, or owning homes)
Of that number appx 14% make over $ 200,000 per year, a little over 10 million. Even though this isn’t fair, and is actually borderline socialism, let’s exempt those hard working, under appreciated peeps, sorry. Again, this isn’t what I view as "the American way", but remember, democrats have all 3 houses, lol! So, lets go on …
This leaves us with appx 162 million households making less than 200 thousand. Further break downs can be applied to lower eligibility. Maybe a credit score or a similar detail that I am not considering at this time, but again, many would be crying foul, and it would be warranted by those that will be excluded from receiving $$$, when their only crime was being frugal, or a hard worker that was responsible enough to pay down their debt, sorry, but again, think (all 3 houses!)
If we differentiate by debts or by number of dependents this number would change drastically again.
I am sure that final criteria, and final ‘number’ could be settled upon. Figuring a trillion bailout, each ‘head of house’ would receive appx $ 32,000 to each household in the U.S.This number would also change according to the actual household income of the individual? My demographics are by no means accurate as I stated earlier, I tried several web sites to break everything down.
Anyone that is able to break this down and re-do the numbers, please do! This is only an idea that has been rolling around in my head…This would stimulate the economy, no doubt, but, I am sure that if money were given to people directly, so that they could pay off debts, ie: mortgages, many would simply blow the money on unnecessary items, and totally disregard their debts. Maybe ‘big brother’, j/k, could issue checks explicitly directed to the ‘payee’ that is designated and further restrictions could be applied?
Maybe none of this is feasible, and maybe that’s good, but I’d just as soon see ‘the people’ get the free handouts instead of the fat-cat CEO’s and Wallstreet Jockies…
I would like to hear your thoughts on this…
Maybe I should have shortened it to…"This way to the short bus’"

Technorati Tags: 10 million, bailout, Credit score, debts, democrats, demographics, economy, hard worker, horizon, household income, households, no doubt, number of dependents, renter, socialism, trillion

Tags: 10 million, bailout, Credit score, debts, democrats, demographics, economy, hard worker, horizon, household income, households, no doubt, number of dependents, renter, socialism, trillion