I have come up with a solution for fixing the economy.

It’s simple, elegant, and relatively cheap. Here’s my idea: The government should take a few million dollars from the $700 billion of Wall Street bail out money and give it to me. Then I will spend it and thereby help improve the economy.

I promise to spend it only on things I need rather than things I really, really want. Stuff like furniture. We’re a tad short on furniture since we moved into the townhouse and a nice sectional is a practical necessity so I can use the futon we’re currently sitting on as a guest bed. At the very least we could use an armchair or two. A coffee table would be nice as well as some end tables. I’ve got no place to put any lamps at the moment. For that matter I could use a few more lamps. We definitely need a dining room table and the chairs that go with it. A nightstand to sit my alarm clock on. Some whatnot shelves. We’ve got plenty of bookcases, but a couple more wouldn’t hurt. But not a Grandfather Clock. That’s something I’ve wanted for a long time, but don’t really need.

A new car comes to mind. I don’t actually need need it yet, but I probably will soon. Though I could argue that a more efficient car could be considered a need. I need some new clothes too. Especially socks. I’m picky about my socks and the brand I prefer are not carried in very many stores. Shoes. I need new shoes. New boots will soon be a necessity. I need some dental work done so that’s another area I could help stimulate. Stocks. I need some stocks so I’d even be helping out Wall Street in my own way. Food. Always needing food. Seems like we have to pick up more food every damned week.

You get the picture. There’s literally thousands of industries I could help to stimulate if I had a few extra million dollars to work with. Compared to what it’s going to cost to bail out Wall Street giving me a couple of million is dirt cheap. And I’d work extra hard at making sure I do my part to stimulate the economy by spending that money. I think it’s a great plan and I hope Congress will give it the serious consideration it deserves.

22 thoughts on “I have come up with a solution for fixing the economy.

  1. LOL! Damn straight. Makes about as much sense as the current plan, actually maybe even more. At least you weren’t the one who lost the money the first time around.

  2. R u srs? I hope not cus ur not a corpration so u can pssibley thinkt hat this wuld werk. Its pretty dum cus ur not a corp so hiw culd u effeckt chaenge?

    god bless

  3. Only if I need WoW gold, Seedy. Only if I need it.

    Oh, and I forgot to mention that I’d also buy a house and thus help the real estate market too.

  4. Heh, we think alike on this issue. I’d pay off my mortgage, install all kinds of “green” tech and buy an electric car to go shopping and run errands with. Buying a couple nice large flat screen TV’s would help out Best Buy, I hear they’re having problems. Would also love to landscape my yard with drought-resistant vegetation and add four-season front and back porches as well.

    When do the American people get their bailout checks?

  5. There was a meme floating around at work and on the tubes on this subject… Something like if we gave the $700 Billion to every American rather than bailing out the countries everyone would get $200,000. So why are we bailing out these failing companies?

    The stupid really did hurt.

  6. Funny to say that for it to be worth anything, there has to be a limited class of the wealthy.

    The big question, I guess… “what should we really invest it in? How do we distribute the gains for the public good?”

  7. There was a meme floating around at work and on the tubes on this subject… Something like if we gave the $700 Billion to every American rather than bailing out the countries everyone would get $200,000. So why are we bailing out these failing companies?

    OK, I agree with distributing the wealth back to us, since it’s our tax money in the first place, but I think whoever started that meme has to whip out the old calculator. Last time I checked, there are 300 million people in the US according to the census.  If we assume they all pay taxes and would get a piece of the sweet bailout pie, doesn’t that come out to $2,333? I could be wrong, but I think somebody needs to fix that meme. 

    Anyway, I’d be willing to take an extra $2,500 for bailout.  I need a new computer and some other stuff.  Of course, with the government’s way of accounting, it probably would be $200,000 each, so even better.

  8. Yeah, Bush tried handing out money before.  He tried $300 to everyone (except some of the really low income earners who got a lot less for some strange reason)  Then later, he tried $600 to everyone.  I gotta tell you, the $600 was almost worth the effort, but it wasn’t really enough to do anything beyond help pay for things.  $2500 now.. that’s getting better.  That’s a cheap car, a month or two on the mortgage, or a big chunk out of a credit card balance.  It’s not a lot, but it is useful and I could probably make a case for that being a more effective “stimulus package” than giving money to companies too stupid to survive on their own.

  9. We could just split the money between all those who actually voted. (126,447,894 based numbers at http://en.wikipedia.org/wiki/United_States_presidential_election,_2008#Election_results)

    A $5,535.87 reward for doing their civic duty, and a thumb-nose at those who couldn’t be bothered.:ob

    You’d think they’d have already thought of that.  Hell, they pay people to live in Alaska.  Last I heard, every citizen there gets something like $2000/year as long as they live in Alaska year round.  I bet if they paid people to vote, they wouldn’t spend as much money as they do to convince people to vote, and it would probably work better.

    Why NOT pay people to vote?  They pay candidates to run, and they’re assholes.  Of course the first thing that comes to mind is that it would encourage poor people to vote en-mass, and that’s the last thing the Republicans want.

  10. From CBS News

    Hard Times, But Big Wall Street Bonuses

    (CBS) It’s no secret that investment bankers are well-compensated, mostly through year-end bonuses, especially during bull markets.

    But can they still count on those big bonuses this year, in the midst of the financial crisis and market freefall?

    CBS News correspondent Priya David spoke with several compensation consultants who said that, even in this economy, firms are worried that, if they don’t pay out the bonuses, they’ll lose their top talent—people they want to keep around for when pastures turn green again.

    On The Early Show Wednesday, David reported that lawmakers and taxpayers alike are concerned about where the money for those bonuses will come from.

    For Wall Street workers still employed, there could be a hefty bonus in their checks next month.

    According to a report from financial news agency Bloomberg, Goldman Sachs, for example, has set aside $6.8 billion for bonuses, and Morgan Stanley, $6.4 billion.

    What the FUCK!?! What is it going to take for us to rise up as one and slay these assholes?

    “Top talent”? Aren’t they part of the reason we are in this steaming pile of shit to begin with?  I’ve got an idea: the “Top talent” sits their asses in their seats, shuts the fuck up, and is thankful we don’t demand they repay us our tax dollars in blood.

  11. Why NOT pay people to vote?  They pay candidates to run, and they’re assholes.  Of course the first thing that comes to mind is that it would encourage poor people to vote en-mass, and that’s the last thing the Republicans want.

    I believe that would break the law. (And there’s a good discussion of voting history and how we got to the super-secret ballot at Radio West.)

    On topic:
    I could go for a national Alaska style yearly stipend, hell, they rape and pillage resources across the nation, why not. An added $2000 a year could bring us another step ahead of the bill collectors for another month.

  12. Well, I can see voters knocking off other voters, just to increase their share of the pie. So I wouldn’t make it a standard thing. (Although, this could be one way of population control.)

    I definitely wouldn’t pay people at the polls, just to show up and vote. I could just see the news reports on how many people were mugged in the polling place parking lots. :ob

    My idea though was to reward them after the fact, just this one time.

  13. I absolutely believe the auto industry deserves a $25 billion bailout.

    And since Exxon had a $40 billion profit last year, I absolutely believe Exxon should be the one to provide the bailout.

    That would just provide Exxon with more ammunition to claim they still need their own government subsidy, or it would artificially drive gas prices higher.  While high gas prices isn’t a bad thing in the long run, this would give them more leverage to get what they want by making the unions in the auto industry owe the oil lobby a big one.  Not good.

    Keep in mind you’re dealing with an industry where, if they make $40 billion in profits last year and $39 billion this year, they consider it a $1 billion loss.

    Not high on the list of options I would consider.

  14. Oh, I didn’t realize people here actually thought they have any say in who get’s bailed out? Or that anyone who does have a say in it would actually be paying attention to this blog.

    I have no such unfounded beliefs, this is all just play to me.

    -Peace

  15. Oh, I didn’t realize people here actually thought they have any say in who get’s bailed out? Or that anyone who does have a say in it would actually be paying attention to this blog.

    I have no such unfounded beliefs, this is all just play to me

    You never know smile

    In any case, it’s much better to vent on a blog like this than to walk into Burger King with an AK.  At least I’m pretty sure…. I haven’t been to Burger King lately…

  16. Is it?  tongue wink

    It might help with population control, which would be a good thing.

    But I find dialog more enjoyable, plus I don’t have to waste gas going to BK. Or ammo. tongue wink

  17. The 400 richest people in the US own $1.3 Trillion- twice the bank bail out.  Rich people are known for threatening to leave countries that tax them.

    OK, go ahead.  Bet you don’t have a citizenship pre-nup…

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