A friend sent me this........
Evelyn
There recently was an article in the St. Petersburg Fl. Times. The Business
Section asked readers for ideas on: "How Would You Fix the Economy?"
I think this guy nailed it!
_____
Dear Mr. President,
Please find below my suggestion for fixing America's economy. Instead of
giving billions of dollars to companies that will squander the money on
lavish parties and unearned bonuses, use the following plan. You can call it
the "Patriotic Retirement Plan."
There are about 40 million people over 50 in the work force. Pay them $1
million apiece severance for early retirement with the following
stipulations:
1) They MUST retire. Forty million job openings - Unemployment fixed.
2) They MUST buy a new American CAR. Forty million cars ordered - Auto
Industry fixed.
3) They MUST either buy a house or pay off their mortgage - Housing Crisis
fixed.
It can't get any easier than that!!
P.S. If more money is needed, have all members in Congress pay their
taxes...
Mr. President, while you're at it, make Congress retire on Social Security
and Medicare. I'll bet both programs would be fixed pronto!
If you think this would work, please forward to everyone you know.
If not, please disregard.
--
Evelyn
"Even as a mother protects with her life her only child, So with a boundless
heart let one cherish all living beings." --Sutta Nipata 1.8
Jim Higgins
Too simple and too logical-unfortunately.
--
Civis Romanus Sum
Islander
Aw, Ev! Do the math. This old thing has been making the rounds for a
long time.
40 million people times $1M each is $40T, far more than the bailouts!
The TARP was $700B (and most of it has been paid back already). If you
were to split that among the suggested 40 million people, it would be
$175K each - not a bad piece of change, but not enough to retire on or
pay off the mortgage in most cases. Yes, you could buy a very nice car!
Evelyn
"Islander" <nos...@priracy.net> wrote in message
news:1KudnawdHfXNb97W...@rockisland.com...
I figured there had to be some things wrong with it, and I knew if I posted
it here, someone would surely identify exactly what it was. But there are
some suggestions there which make good sense, like making congress
participate in medicare and social security instead of their special plan.
There are some other ones making the rounds, which suggest strong term
limits and other fixes.
Islander
These things tend to be based more on emotion than logic.
Yes, Congress has a nice benefit package, similar, but not equivalent to
the benefit package provided to senior management in the private sector.
Term limits have the unintended consequence of shifting power away from
elected representatives to the power brokers in Washington. There is no
way to fire them and I wouldn't want to give them any more power than
they already have. I like the idea of bringing new ideas and energy to
our government, but term limits alone would make the problem worse, not
better.
El Castor
Too totalitarian and too illogical-unfortunately.
High Miles
Long, mandatory prison sentences for anyone proven to have given or
taken lobby money.
mg
> Mr. President, while you're at it, make Congress retire on Social Security
> and Medicare. I'll bet both programs would be fixed pronto!
That's one of the best ideas I've ever heard. Very few companies now
days provide a retirement plan or medical insurance for retired
employees. A lot of them used to, but very few do now days, so there's
no reason that congressmen should be receiving benefits that most
Americans don't.
Rumpelstiltskin
wrote:
Every time Tim Geithner's face or name comes up on TV,
I think "I pay my taxes every year, but that guy tried to
weasel out of paying more of his tax debts that I even make
some years, these days, and he was getting away with most
of it, until he had to 'fess up and pay up in order to get a
prestigious appointment.".
Are they all crooks, these high-flying financial people?
Is it not possible to find somebody who isn't a crook?
http://blogs.telegraph.co.uk/news/alexspillius/8174427/Tim_Geithners_tax_evasion_/