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OK, I think I got this time
<font color="#0000FF" size="4">It wouldn't work. Sorry, but do you really think that everyone who gets that huge a chunk of money is going to put ittowards paying off their mortgages, loans, etc? Or, if they did pay off their mortgages and loans, they'd be debt free, which would enable them to qualifyfor another loan or mortgage and then they're right back where they started again. If the government is going to dole out that much money to every U.S.citezen 18 and older they need to make it mandatory that every person receiving a payment take a course in money management. Our generation is a part of the"Gotta have it" generation. We are so materialistic. We have to have the biggest, newest, bestest of everything. So many people nowadays don'tknow how to manage money properly. Look at that family who was given a brand new house built for them worth over $400,000 (they were talked about her a monthor two ago). They were completely debt free and they went and borrowed so much money against their house that they were foreclosed upon and now have nothing.Sorry to sound so pessimistic but it's the truth. We get ourselves into these situations and then expect others to bail us out. What's going to happenafter everyone gets a big payout and ends up right back where they are now? It's just a never ending cycle. I really can't think of a solution. Evengiving AIG an $85 billion dollar bailout isn't going to work. They need to take a money management course as well or they're just going to end up rightback where they already are.<br><br><br>~Karen</font>
Maybe I'm an idiot, but I get $425.00, not $425,000.
I know it won't work, we need a fix but I have a big problem with bailing <font style="BACKGROUND-COLOR: #ffff00">out</font> the people that areresponsible for this mess. A lot of hard working family's are losing homes because lose of jobs. These are the people I fill for. I could be one of them inthe very near future. I have worked very hard all my life to to get a nice home, toys etc... Only to have it all put on the line because of these crooks thatour government will bail out to save an economy that the crooks screwed up out of greed. How about including a bill that would help person that lost his or herjob because of this mess that our government sat back, watched and did nothing about until now and look who will benefit from it...
Jono, you are not an idiot. You are absolutely correct. When I received this same email from a friend yesterday, it's the first thing I noticed.<br><br>85 billion dollars divided by 200 million aduts is $425.00 for each adult.
Karen is 100% right. <br>It does not make a difference how much money you give to each adult 18+, there's going to be a large percentage that will waste it away and end up rightback where they were and for half of them you could send them to as many classes as you want there still going to end up broke. You know you can't take itwith you!! <img src="http://static.yuku.com//domainskins/bypass/img/smileys/wink.gif" alt="image"><br><br><strong>Edit for spelling, I need a class</strong>.<img src="http://static.yuku.com//domainskins/bypass/img/smileys/tongue.gif" alt="image">
<blockquote> <strong>Edit for spelling, I need a class.<img alt="image" src="http://static.yuku.com//domainskins/bypass/img/smileys/tongue.gif"></strong></blockquote><p><font color="#0000FF" size="4">LOL Dan. I need a class too. Math class, cuz I didn't even realize the huge calculation error. There's a bigdifference between $425,000 and $425. lol.<br><br><br>~Karen</font></p>
Just thinking out loud here .... seeing as how it's actually $425 and not $425,000 - I'd be willing to bet, most, if not all of that would be pumpedright back into the economy. $425 isn't going to be no saving grace for ANYbody and would most likely would just be blown on something.<br><br>However, the only way we're going to get out of this down-ward spiral is to get people spending again. If everyone went out and spent that $425, that'sa small injection back into the economy which may or may not be enough for this downwards spiral to level off (?)<br><br>I'm no economist by no means .... if I was, I wouldn't be hammering out replies on forums in the middle of the day - but I think it would be a start.<br><br><br>Mark.
<p>I agree with Mr Miron.<br><br><a target="_blank" href="http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html?iref=mpstoryview"></a><a href="http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html?iref=mpstoryview">http://www.cnn.com/2008/P...dex.html?iref=mpstoryview</a><br></p><br>Richard