Economic Stimulus

2009-01-23T09:18:00.001-05:00

It seems like the easiest solution to restarting our economy is to give the money back to the people who spend it, the American taxpayer.

If our government is relying on the American tax dollar to fund the already passed $350 billion dollar bail-out relief program or TARP, the American taxpayer should decide how to spend it. Quite frankly, it seems stupid to give the money to failed Banking Institutions, Corporations and Manufacturers who we are already in debt or cannot afford to buy the manufactured product they produce. If “We, the people”, bail out these businesses and we are still indebted to them, isn’t that double dipping?

If the banks have the money but we cannot afford to borrow, what’s the point? If the auto manufacturers produce cars that we cannot afford to buy, what’s the point? If the credit card companies (legal loan sharks) are bailed out do I still owe my minimum monthly payment? If the student loan companies are still able to lend to students that won’t have jobs to pay them back after graduation, what then?

Why not give the money back to the taxpayer? Allow us to eliminate our own debt and begin investing in America again. We could pay-off mortgages owed to the financial and banking institutions, pay-off credit card debt, repay student loans and begin buying goods and services, plus stocks & bonds.

The U.S. population reached 300 million in 2008. We have $350 billion left in TARP alone and are proposing yet hundreds of more billions as an economic stimulus package to taxpayers, which has been proven not to work. The government could give each taxpayer $1 Million dollars and still save billions. THIS would restart our economy, solving both the “Economic Stimulus” and TARP allocation issue.

I know it would be too simple to hand over such a large amount of money to us and that the lawmakers would want to complicate things with politics and more laws so, maybe this is one way of doing it: First, the money could be held in a trust fund and allocated to individuals based on current, proven debt restricted to eliminating such debt. Second, the remaining amount could then be redrawn from an interest bearing account at given intervals protecting over spending.

I don’t think a thousand dollar tax stimulus refund check is going to keep people from losing their homes. If that’s all I get back, I’ll use it to pay my bankruptcy attorney.

From the farmer to the large corporate business owner the stimulus package should go to the individual taxpayer. The $350 billion dollar TARP should be the PEOPLE’S relief (stimulus) package. What started out as $300 billion dollars, the taxpayer is already responsible for the billions being spent in Iraq. Why not let us have some of it back to rebuild our own infrastructure?

We need to start over. Wipe the slate clean and reduce or eliminate some or all of our individual debts and I guarantee people will open their pocket books but, more carefully?

Here's the E-vet blog

2008-11-21T18:19:00.000-05:00

Hi ladies,

As requested I have started this new blog where we can meet and share ideas, information and brain storm together.

I will be working over the next few weeks to put together a more formal business plan based on our conversations today to add validity to our new adventure.

I think with the "talent and experience" we had in the room yesterday, we would make a helluva dream team that anyone would be proud to be associated.

I look forward to hearing back from you and let me know what you think of the website.

- Cherry

Cherry Blog

Economic Stimulus

Here's the E-vet blog