I found this on another board. . .someone there posted it. . .sorry no link.

I think it puts perspective on the kind of money we are talking about.

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"No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?"
- George Orwell Animal Farm

The idea hit my brain earlier this morning. I was thinking of the 700 billion bail-out plan.

Why not give it to us taxpayers? A million dollars each or more?
Give ourselves the loan!
Everyone could pay off their debts, mortage, cars, etc. and most would have money left to help restart the economy.

A nice dream!

Someone needs to send this to the Pres. he was on the fence as of yesterday about telling the people getting the bailout what they can and can't use the money for. He didn't want to tell them they can't use some of the money to pay off the heads of the companies for their "golden parachutes"... Really, is it that tough to do? I say give it back to US!!!

Yeah. . .it's all a nice idea. The only problem is that there would be hyper-inflation. . .the money wouldn't mean much when a loaf of bread is $200.

Think about this too. . .that bill that Obama sponsored it sending an additional $845 billion to the UN. Think what we could do with it if it stayed home??!!!

__________________
"No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?"
- George Orwell Animal Farm

And even more bailouts to come on top of this $700 Billion.

FT.com / World / US & Canada - House clears $25bn for carmakers
($25 Billion to carmakers)

Bloomberg.com: Special Report
($150 Billion FDIC)

Yep. . .it's only going to get worse.

It's basically socialism in it's worst form. What we might really need to do is let these businesses fail. It will hurt and affect A LOT of people, but we can't keep propping then up with tax payer money. Eventually the govenment. . .translation. . .we the taxpayers, will own all these failing industries. And that folks is communism.

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"No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?"
- George Orwell Animal Farm

I wish. The thing that gets me is DH and I were approved for over $500,000 to buy a house 3 years ago. We knew our payment would be more then we could afford so we passed and continued to rent. Why don't they give some money to the poeple that didn't nail their a@^es to the wall.

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Calling a illegal alien an "undocumented immigrant" is like calling a drug dealer an "unlicensed pharmacist."

That's a good point. We passed on buying a different house too. . .we would have had to do an interest only loan in order to qualify for the hefty price tag. We said "no thanks". I really wanted that house too. . .but we knew it was unrealistic no matter how many people were telling us is could be done.

__________________
"No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?"
- George Orwell Animal Farm

Stupid question: What is AIG?

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Calling a illegal alien an "undocumented immigrant" is like calling a drug dealer an "unlicensed pharmacist."

Not a stupid question. It's the American International Group. It's a major insurance corporation.

American International Group - Wikipedia, the free encyclopedia

ETA: Apparently it's the 18th-largest company in the world.

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"No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?"
- George Orwell Animal Farm

American International Group, Inc. (AIG) (NYSE: AIG, TYO: 8685, ISEQ: AIN) is a major American insurance corporation based at the American International Building in New York City. The British headquarters are located on Fenchurch Street in London, continental Europe operations are based in La Défense, Paris, and its Asian HQ is in Hong Kong. According to the 2008 Forbes Global 2000 list, AIG was the 18th-largest company in the world. It was on the Dow Jones Industrial Average from April 8, 2004 to September 22, 2008.

On September 16, 2008, as AIG suffered a liquidity crisis following the downgrade of its credit rating, the United States Federal Reserve loaned money to AIG at AIG's request to prevent the company's collapse. The Fed announced the creation of a credit facility of up to US$85 billion in exchange for warrants for a 79.9% equity stake and the right to suspend dividends to previously issued common and preferred stock. AIG announced the same day that its board accepted the terms of the Federal Reserve Bank's rescue package. This was the largest government bailout of a private company in U.S. history, though smaller than the bailout of Fannie Mae and Freddie Mac a week earlier.

__________________
"No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?"
- George Orwell Animal Farm