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Wouldn't it just be easier to give $1M to every household in the US?
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OneConsciousness 
I believe in Miracles....
User ID: 498896
 United States
9/22/2008 11:27 AM
Report abusive post | Wouldn't it just be easier to give $1M to every household in the US?
| Quote |
Then, there could be repercussions to those who don't pay off their debts...
And it would also "jumpstart" the ecomony....
Why would we keep saving the "businesses" for their poor decisions, and let the "people" suffer...??
Not, that "people" haven't made poor decisions.. but gee whiz, I don't have a mortgage, didn't default on one, do have other debts, but seriously, why do "I" have to "pay"??
Please discuss?
You are the angel for whom someone is waiting.
[link to www.free-ebooklibrary.com]
[link to ebooklibrary.nocashever.com] |
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Anonymous Coward
User ID: 508316
United States
9/22/2008 11:29 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
I like the way you think, OP.
OneConsciousness for POTUS! |
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Anonymous Coward
User ID: 341282
United States
9/22/2008 11:30 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
 |
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Anonymous Coward
User ID: 422858
United States
9/22/2008 11:31 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
make good fire starter after the collapse |
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FC
User ID: 507719
 Canada
9/22/2008 11:31 AM
 | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Call me nutty.....but I'm thinking that all of what's going on has alot more to do with than just money!
In oneself lies the whole world and if you know how to look and learn, the door is there and the key is in your hand. Nobody on earth can give you either the key or the door to open, except yourself. --Krishnamurti
_____________________
Is it better to ride the wave, or be the wave? |
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Anonymous Coward
User ID: 248835
United States
9/22/2008 11:32 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Call me nutty.....but I'm thinking that all of what's going on has alot more to do with than just money! Quoting: FC
Yep... They already have all the money and power. What do they really want? |
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aldpam
User ID: 507976
United States
9/22/2008 11:34 AM
 | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Sounds good to me...
Sure some people wood piss through their money, but most of us know how to make that last a lifetime.
Oh well, nice dream, but only a dream. It would never happen. |
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Anonymous Coward
User ID: 473581
Canada
9/22/2008 11:34 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
you can't give 1M to each household...that would actually help regular people. The whole idea is to entrench the power of the corporatocracy. You know, some of the government's best friends are only multi-millionaires. Government will do what it can to bump them up to billionaires. |
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Anonymous Coward
User ID: 497159
United States
9/22/2008 11:35 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
yea it is funny that instead of spending 1 TRILLION plus on this crap, they could have given every American 3 million each, instead of the sham we have going on. People could have paid of their mortgages and debts and we could have started over.
But of course this is really about the "federal" reserve taking over more and more of this country and the international bankers enslaving us even more. |
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Anonymous Coward
User ID: 501945
United States
9/22/2008 11:36 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
not at all crazy as it sounds |
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Anonymous Coward
User ID: 505916
United States
9/22/2008 11:36 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
OneConsciousness for president! |
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Earth Daughter
Wide Awake
User ID: 506282
United States
9/22/2008 11:37 AM
 | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Yea, but then all the slaves won't be motivated to work. |
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Anonymous Coward
User ID: 508304
United States
9/22/2008 11:43 AM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Yes, everyone could have paid off their mortgages, autos, etc.. Wouldn't that have also helped the banks??? Something else is going on here. I think it is more than simple greed to keep all of the money to themselves. Population reduction? IDK. |
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ExhaleAeonVolts
User ID: 444542
United States
9/22/2008 11:47 AM
 | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
yea it is funny that instead of spending 1 TRILLION plus on this crap, they could have given every American 3 million each, instead of the sham we have going on. People could have paid of their mortgages and debts and we could have started over.
But of course this is really about the "federal" reserve taking over more and more of this country and the international bankers enslaving us even more. Quoting: Anonymous Coward 497159
 |
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OneConsciousness
I believe in Miracles....
User ID: 498896
United States
9/22/2008 11:54 AM
| | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
LOL, not sure that I would want to be Prez.. LOL!
But yes, the economic situation could definitely be rescued by helping the "people", not the "Big Business". So, yes, there is definitely something about the rich getting richer and the poor/middle class getting poorer.
But think about it... Yes, the businesses would get their $, and it would have to be "contractual" on the part of the recipients, but it could be done.
And I'm definitely not educated in economics or political science or anything.. But this country's economics could be rescued with one heck of a lot less than $700-$800B to big business...
Then there could be a "freeze" on price increases for a period of months to years, and then the businesses could only be allowed to "raise" their prices X%/yr., thereafter.
With the "extra" $ after paying off debts, "regular" folks could find all kinds of ways to spend it... Therefore, jumpstarting the economy, and other businesses, and providing employment for $100's!!
Can anyone think of a plan (basic or not) quickly, so we can contact our reps and congresscritters??
You are the angel for whom someone is waiting.
[link to www.free-ebooklibrary.com]
[link to ebooklibrary.nocashever.com] |
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RHSC
User ID: 493346
United States
9/22/2008 12:03 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Then, there could be repercussions to those who don't pay off their debts...
And it would also "jumpstart" the ecomony....
Why would we keep saving the "businesses" for their poor decisions, and let the "people" suffer...??
Not, that "people" haven't made poor decisions.. but gee whiz, I don't have a mortgage, didn't default on one, do have other debts, but seriously, why do "I" have to "pay"??
Please discuss? Quoting: OneConsciousness
ONECONSCIOUSNESS:
What most of us don't realize is that for several years a large part of the economy has been supported by new home construction. In order to keep that support going, there had to be BUYERS, so a lot of what we are seeing has been created by dumbing down the criteria required to qualify a buyer.
Yes, people who bought houses they couldn't really afford shouldn't have done so. Bad idea. VERY bad idea. But they were sold on the bad idea by GREEDY people.
You and I will pay, and pay dearly, because the GREEDY people have been protecting themselves and are still protecting themselves.
The economy? The thing is...what's going on right now, with all these bail-outs and supports, has nothing to do with jump-starting the economy. This isn't about protecting the hard-earned assets of the little guy, either.
This is about a redistribution of wealth...taking it from the people and giving it to the banksters.
We've been had. |
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ac
User ID: 320717
United States
9/22/2008 12:07 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Even giving $100,000 credit toward mortgages would help. Just primary, not business/vacation/investment loans. |
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BrightSide
User ID: 508351
United States
9/22/2008 12:08 PM
 | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Whatever hits the fan will NOT be distributed evenly.
User Image: [link to img509.imageshack.us]
Email: cavysavy@yahoo.com |
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Princess Bride
User ID: 506698
United States
9/22/2008 12:11 PM
 | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
I think if we all got a million dollars that prices would shoot up over night. A coke would be $500 or something.
IOW: Prices would be in proportion to incomes/assets.
Though, I agree with the sentiment of the idea.
Heart of the heroes, ride.
Up through an empty house of stars,
Being what heart you are,
Up the inhuman steeps of space
As on a staircase go in grace,
Carrying the firelight on your face
Beyond the loneliest star.
"The Ballad Of The White Horse,"
G. K. Chesterton
This is the generation of that great LEVIATHAN, or rather, to speak more reverently, of that mortal god to which we owe, under the immortal God, our peace and defence.
Thomas Hobbes |
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Breaking News
User ID: 508190
 United Kingdom
9/22/2008 12:13 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Hold on...
While that may sound like a good idea on the surface, actually giving each household $1M would surely make no difference after a while: The rate of inflation would go through the stratosphere and prices would shoot up accordingly - thus cancelling out the allotted the $1M.
I need to get out more. |
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OneConsciousness
I believe in Miracles....
User ID: 498896
United States
9/22/2008 12:14 PM
| | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Then, there could be repercussions to those who don't pay off their debts...
And it would also "jumpstart" the ecomony....
Why would we keep saving the "businesses" for their poor decisions, and let the "people" suffer...??
Not, that "people" haven't made poor decisions.. but gee whiz, I don't have a mortgage, didn't default on one, do have other debts, but seriously, why do "I" have to "pay"??
Please discuss?
ONECONSCIOUSNESS:
What most of us don't realize is that for several years a large part of the economy has been supported by new home construction. In order to keep that support going, there had to be BUYERS, so a lot of what we are seeing has been created by dumbing down the criteria required to qualify a buyer.
Yes, people who bought houses they couldn't really afford shouldn't have done so. Bad idea. VERY bad idea. But they were sold on the bad idea by GREEDY people.
You and I will pay, and pay dearly, because the GREEDY people have been protecting themselves and are still protecting themselves.
The economy? The thing is...what's going on right now, with all these bail-outs and supports, has nothing to do with jump-starting the economy. This isn't about protecting the hard-earned assets of the little guy, either.
This is about a redistribution of wealth...taking it from the people and giving it to the banksters.
We've been had. Quoting: RHSC 493346
RHSC,
THAT'S what I'm talking about.... The "people" need to be helped, not the businesses that screwed them. But, don't get me wrong, I know people who buy things they don't have the $$ for.. So, they're not so smart, either!!
Yeah, I know it's a "pipe dream", but seems to me to be a better plan than "bailing" out the businesses who really did give loans that they shouldn't have.
Those who have "extra" $ after their debts really COULD jumpstart the economy. THEN "We the People" could turn our attention to the Federal Reserve!!
You are the angel for whom someone is waiting.
[link to www.free-ebooklibrary.com]
[link to ebooklibrary.nocashever.com] |
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OneConsciousness
I believe in Miracles....
User ID: 498896
United States
9/22/2008 12:15 PM
| | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Princess Bride and Breaking News:
LOL, not sure that I would want to be Prez.. LOL!
But yes, the economic situation could definitely be rescued by helping the "people", not the "Big Business". So, yes, there is definitely something about the rich getting richer and the poor/middle class getting poorer.
But think about it... Yes, the businesses would get their $, and it would have to be "contractual" on the part of the recipients, but it could be done.
And I'm definitely not educated in economics or political science or anything.. But this country's economics could be rescued with one heck of a lot less than $700-$800B to big business...
Then there could be a "freeze" on price increases for a period of months to years, and then the businesses could only be allowed to "raise" their prices X%/yr., thereafter.
With the "extra" $ after paying off debts, "regular" folks could find all kinds of ways to spend it... Therefore, jumpstarting the economy, and other businesses, and providing employment for $100's!!
Can anyone think of a plan (basic or not) quickly, so we can contact our reps and congresscritters?? Quoting: OneConsciousness
You are the angel for whom someone is waiting.
[link to www.free-ebooklibrary.com]
[link to ebooklibrary.nocashever.com] |
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Anonymous Coward
User ID: 496050
Canada
9/22/2008 12:18 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Hahaha...doesn't Dick's face say it all? |
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Anonymous Coward
User ID: 508356
United States
9/22/2008 12:18 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
The reason that they will never do that, is if every household had a million dollars it would collapse our economy.
While other's would use the money to pay off their credit card debt, house payment and so fourth while continuing to work... Others would stop working and live off the money(putting it in a savings account and living off the interest).
If many people quit their jobs, it would cause the economy to go into a depression.
Another reason is that the stock market involves more than just the U.S.
Merely giving a bulk amount of money to american households does not fix anything that is currently going on.
Hey...just having a million dollars given to you would be nice but that will never happen. |
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Sireen-reborn
User ID: 504993
United States
9/22/2008 12:22 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Let's see 300 million in the usa (regardless of home ownership or legal citizen) at a million a piece, is still a HELL of a lot cheaper than 700 million!
Yup, I like that idea! Not to mention that WOULD boost the ecomomy AND the stock markets and most likely save these companies a hell of a lot quicker than the proposed bill right now!
anything after 'but' is bullshit!
[link to www.myspace.com]
"Once you open your mind to the possibility of conspiracy, you then see conspiracy in everything." [link to deadbydecember-sireen.blogspot.com] |
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Breaking News
User ID: 508190
United Kingdom
9/22/2008 12:24 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
I'm no economist but would that be possible? To micromanage the freezing of individual prices for every single consumable good? And if the basis for the consumer economy functions via the natural supply/demand structure, then wouldn't everything get basically fucked up? Because individual price-freezing would stop this from happening.
Or I might be talking shit, which I probably am. |
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Robrock
User ID: 508357
United States
9/22/2008 12:24 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
I've been think along those very same lines.
Rather than bail out the banks (foreign and domestic) which still leaves people loosing their homes, they could pay off our debt, which would get paid to the banks who own the debt, therefore everbody wins, including the banks.
Or, allow someone to refinance their house to todays market value, with the gov. paying the difference to the lender. Again, everybody wins. The lender gets the difference of the loan (via the gov.) The homeowner gets to refinance their home to a proper value (possibly extend the load to a fixed 40 or 50 year loan), and one affordable, and the lender again, still get's monthly mortgage payments from the homeowner.
Wall Street wins as does Main Street (as they like to say now) |
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OneConsciousness
I believe in Miracles....
User ID: 498896
United States
9/22/2008 12:24 PM
| | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
The reason that they will never do that, is if every household had a million dollars it would collapse our economy.
While other's would use the money to pay off their credit card debt, house payment and so fourth while continuing to work... Others would stop working and live off the money(putting it in a savings account and living off the interest).
If many people quit their jobs, it would cause the economy to go into a depression.
Another reason is that the stock market involves more than just the U.S.
Merely giving a bulk amount of money to american households does not fix anything that is currently going on.
Hey...just having a million dollars given to you would be nice but that will never happen. Quoting: Anonymous Coward 508356
As I said, it would have to be "contractual", with repercussions for those who don't pay off their debts.
But then, the "distribution" agency, could cut those checks directly to the debtor, with the recipient receiving the rest....
You are the angel for whom someone is waiting.
[link to www.free-ebooklibrary.com]
[link to ebooklibrary.nocashever.com] |
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Anonymous Coward
User ID: 504985
 Netherlands
9/22/2008 12:25 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Then, there could be repercussions to those who don't pay off their debts...
And it would also "jumpstart" the ecomony....
Why would we keep saving the "businesses" for their poor decisions, and let the "people" suffer...??
Not, that "people" haven't made poor decisions.. but gee whiz, I don't have a mortgage, didn't default on one, do have other debts, but seriously, why do "I" have to "pay"??
Please discuss? Quoting: OneConsciousness
While your solution may be great, it wouldn't solve the problem of confidence in the US economy globally. People, foreign banks, insurers and pension funds that lent to the troubled organizations would have lost their money and internationally a worse confidence in the US economy would shock the monetary markets and choke the world economy to a greater extent. Not taking into account by the way the inflation that your solution would cause. |
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OneConsciousness
I believe in Miracles....
User ID: 498896
United States
9/22/2008 12:26 PM
| | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
I've been think along those very same lines.
Rather than bail out the banks (foreign and domestic) which still leaves people loosing their homes, they could pay off our debt, which would get paid to the banks who own the debt, therefore everbody wins, including the banks.
Or, allow someone to refinance their house to todays market value, with the gov. paying the difference to the lender. Again, everybody wins. The lender gets the difference of the loan (via the gov.) The homeowner gets to refinance their home to a proper value (possibly extend the load to a fixed 40 or 50 year loan), and one affordable, and the lender again, still get's monthly mortgage payments from the homeowner.
Wall Street wins as does Main Street (as they like to say now) Quoting: Robrock 508357
Ummm... New Jobs for regulators??
You are the angel for whom someone is waiting.
[link to www.free-ebooklibrary.com]
[link to ebooklibrary.nocashever.com] |
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Anonymous Coward
User ID: 508314
 Italy
9/22/2008 12:27 PM | | Re: Wouldn't it just be easier to give $1M to every household in the US? | Quote |
Who cares about the peoples do you REALLY think these are concerned about your problems?
All they want is to save their own ass and investement and to continue this slavery system forever and now with all your money since they lost their own, these peoples NEVER LOSE. Untill you decide to bring them all where they deserve and hang them in a public place for all to see and forever to be remebered. |
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