This post is not about the new or old media. But it’s about my idea for ‘the end’ of the financial crisis we’re in.
The Paulson plan is now estimated to cost $1 trillion. UPDATE — it’s now $5 trillion! – Wow, now it’s $7.7 trillion!!!
There are about 300,000,000 people in the US.
Why not ‘bailout’ each citizen with $1 million each, with some requirements — that the mortgages be paid off and those without homes would buy one? Granted, we might need a few other fine tunings in the details.
As a stimulus package it would totally eliminate poor people who would now be able to afford health care, a new car and facials at the spa!
Just food for thought. It’s our money after all.
Let me know what you think.
