Wednesday, September 24, 2008

Saving the Economy

This week Congress will decide whether or not to give Treasury Secretary Hank Paulson $700 billion in federal aid to bailout the American economy. I think this is stupid. What the hell costs $700,000,000,000? I have a better idea.

Let's give everyone in America a million dollars. I've never had a million dollars; chances are you've never had a million dollars, but I think this is a better alternative. First, since there are only about 400 million people in America, my plan will only cost about $400,000,000. This is less than 1% of Secretary Paulson's plan. Second, since there are so many problems with subprime mortgages, my plan will actually help homeowners make their mortgage payments, if not payoff their mortgages in their entirety. It will get rid of many of the bad assets plaguing the market right now. Third, it will stimulate the economy. If I had a million dollars, I would save some of it, but I would spend a lot of it too.

The wrong answer is to bail out these Wall Street banker fucks, who got us into this mess in the first place. I think we should allow taxpayers to pay off their mortgages, have a little left over to cover them during this "crisis," and let the bankers rot in the fucking gutter while we take turns pissing on them...

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