Message:

<p>[QUOTE=&quot;bahabully, post: 1136649, member: 17555&quot;]Aside - a Better way to bail out -</p><p>&nbsp;</p><p>Since the US citizens will eventually have to pay back the 9T in bailouts and QE to make the BANKs whole again.&nbsp;&nbsp; Why not let them share in some of the direct benefit.</p><p>Assuming 9T (trillion) is the number.</p><p>Assuming 250M (million) folks in the US.</p><p>That&#039;s $36,000 each that the folks will eventually have to pay back via taxes for the $ given to the Banks on thier behalf so none of the &quot;scary&quot; things happen.</p><p>&nbsp;</p><p>So, here&#039;s what I&#039;d make every bank do.</p><p>1 - every mort they serviced or owned would have 36k deducted from it&#039;s ballance... essentially giving to everyone actually being taxed and paying for the bailout some direct benefit.</p><p>2 - everyone with no mort would receive a 2.4k credit from each of the 15 banks to be spend as they desire.</p><p>&nbsp;</p><p>So banks get 9T in bailout cash to keep &quot;scary&quot; things from happening.</p><p>Banks have to pay everyone with not mortgage 2.4k, or give it back to the gov&#039;t to be dispersed in form of a tax credit for non-mort holders.</p><p>And all the mort holders get the full 36k credit for the tax money they provided to thier bank..... and the bank gets to keep that 36k bailout cash to keep &quot;scarrrrry&quot; things from happening.</p><p>&nbsp;</p><p>... would never happen,,, that would be like letting someone put thier clothes back on after raping them,,, the rapist likes to keep the cloths.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in