Bailout - What I would do

2

Category: , , , ,

It is simple to make a plan, but it isn't simple to execute it. And well I know some of you have ideas on what you would do. I'm talking about the actions you'd do to those responsible and fixing the issue. Now, what would I do?

First, I'll need the power to do all of the following...

I'd get a super plan with popular support to increase taxes momentarily so that I can have funding and so American's can pay less for what they buy. High prices now are part of the reason why we are in an inflation. Once the increase on taxes is put forward, which it would only be about a 10% increase of current taxes (if your taxes are 8%, just add 0.8% so it'd be 8.8%), the economy will be benefited later. I'll talk later about the amount collected. And that should solve the first part.



Once taxes are in place, I'd get tax funded investigators to hunt down any, if any, people that were responsible. Fine them and/or lock them up. Why? Because those individuals were part in a nation wide corruption scandal to get rich while the middle class get poorer. I never said I was going to be nice.

While that is going on, I'd pass a financial boost plan. This is going to be done as more taxes are coming in. I will make it so that the majority of all the taxes collected by people is going to be given back. The financial boost will happen later though.

As for the poor banks, hell with them! There are getting bonuses for taking your money in corrupt manners. What do I do? Nothing, just let them get broker and bought.

Now, all the money lost in those banks. Oh well, people that couldn't pay don't pay anything. Why do honest people have to still pay when banks lent you money and crash down because of overlooked weaknesses? That should be a lesson to all banks.

Now about the taxes being collected? Well in my plan, and by now, almost everything would be under control. At least in my eyes. If not, I'll continue later. But as for the taxes. I'd send out 75% collected out back to Americans for allowing me to charge them. The other 25% would be sent out to those who were victims of the banks'. Why am I being so nice? Because people are people, victims are victims. What do we do when you get hurt? We heal you....

If everything isn't going as planned, which more likely won't, I'll toughen up the financial attack. Getting more money to fund more plans that will fix the system. How? Fixing Wall Street, helping banks fix their systems and jail corrupted ones, get oil companies to charge less (or remove the gas tax) on their products. Those are the main reasons why we're like this so I'd fix it.

Not to mention the freaking pointless war in Iraq that was "Mission Accomplished" in 2003. I'd pull out 80% of troops and send half of them (40%) to Afghanistan. Replace the 80% of troops that were in Iraq with NATO Peacekeepers and send the other 40% from Iraq home as rotation for the ones in Afghanistan. Rotate the troops every 6-9 months. Viola! Once my war plan finds bin Laden, we pull out all troops and punch in the NATO dudes as peace keepers there and now we have less to pay for a war that is dumb.

Now hoping everything is better and more likely about 10 years later, we'd be in a better position. As for overage in income, I'd later refund the overage to American tax payers with my financial plan. :)

Now I'm sure I've looked over some things with my plans but overall, that's more or less what I would do. What would you do?

Tweet This

Comments (2)

Now that the Senate has passed the 700 billon bailout has Obamas destiny been sealed?

This has got to be the worst plan I have heard or read. The tax payers should not be responsible for corporate America's Executive Officers being greedy and stupid. We have paid dearly for this already. Our government is also to blame and should simply tell the banks "You will not get any funding and if you fail then so be it." Other banks, small ones they may be, are doing just fine because they are not paying their executives millions in bonuses or stock shares. Their executives are the back bone of their operation and know the meaning of true business and make it work. Large banks should take notice. Work within your means, re-invest and stop giving bonuses to those who are not performing.

Post a Comment