Friday, February 13, 2009

Stimulus Money?

A friend of mine sent this to me in an e-mail today, and while he and I go back and forth on several issues, I realize that much of what he shares with me is worth-wild to post here on TwitterChase for my twitter friends to enjoy. I hope this the first of what will be many from many contributing pieces pleases you. I will NOT disclouse my sources.

If we are going to wildly print money and devalue the dollar anyway, just bite the bullet and allocate five trillion dollars as stimulus money as ~$50,000 to each taxpayer directly (yes, do the math), they will pay off loans, money goes to banks to reloan to younger people, and all are happy; older people don't need to borrow more than we have already. But the banking and auto and other lobbies will not allow that. Only way to fix this, ban all lobbyists everywhere, feds and state, period. I have the answer but sadly I am not in Congress.

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