My opinion on the economy and the $700B rescue package.

Why is our government bothering with buying back 'our' stocks and bonds etc, to save our economy?  They can do it much faster and much cheaper than spending 700 billion dollars we don't have! How about this.. give every American.. man, woman, child born before 6 Oct 2008.. 3 million dollars.. outright, no taxes, no questions, no guff.   The IRS has everyone's bank account number, they can give the money to them directly, everyone else, they can mail them a check based on what they filed on their taxes.  What would this do u ask?  Well, how about giving the FOLKS the money to pay off their mortgages.. or buy homes they couldn't afford.. hmm. That would sure heal up the housing market with a huge boost.. the FOLKS could also buy a new car.. because we know Detroit is the next 'crisis' coming.. wow, that would heal the sagging automotive industry in THIS country.  And with the rest of their money.. they can go buy stocks THEY want, buy more consumer goods, pay off all their credit card bills, etc.  and what would that do u ask?  Well, the stock market would be stronger, businesses would show a major increase in sales/profits, so they could hire more people to handle all the extra work (creating jobs), the credit card companies would have to lower their interest rates and make them more competitive instead of gouging people who can't pay their gas, electric, and food bills and with any luck at all, drive credit cards out of business altogether.  You have to look at that as a good thing.  Become a cash-only country, which would mean stop giving our money to foreign aid.. if the FOLKS want to give to Africans and Pakistanis and starving kids in Ethiopia, then let them!  But the U.S.A. as a 'COUNTRY' should not be supporting all the little guys with one hand out to us and using the other to point  a gun at us!!  And if our politicians that we have stupidly elected can not figure this out, then it's time to vamp our electoral process.  For too long now, our political economy has been overridden with corruption, apathy, and avarice.  The founding fathers certainly had no idea America would grow as it has, nor did they have a clue how corrupted government would become.. this is evident in 'who' the founding fathers were.. racists, bigots, slave-owners. 

I just thought someone should bring up this idea, since all anyone wants to do is spend 'our' money, so why not give it back to the people who gave it to begin with??

have a good day! Huggggggggggz and God Bless!