Monday, December 29, 2008
Tuesday, December 16, 2008
BAIL OUT
Urgent & True Bail Out
1. Appraise all properties to their Current Values
2. Half million (500,000) at for instance 1%, with a grace period, will be loaned to each citizen and tax payers in the workforce regardless of income level. Could be in a form of credit line to be used as the necessity is proven.
3. Each recipient must:
A, Negotiate all his debts
B. Stay in the work force for at least five years.
C. Leaving an employer must be done with reasonable notice, and
with simultaneous transfer, whether it is for entrepreneurial reason
or not.
D, All monies must be spent in the U.S., except for rare circumstances where goods or labor required are not available in the U.S. No job outsourcing is allowed for jobs that may be completed by the U.S. labor force
4. The rest of the $700 billions Stays in the government for ………...
This way, the commercial entities that are being bailed-out would not be facing this crisis because all of their clients would be able renegotiate their debts, or repay their loans, etc.
This proposal for a bail out would be cheaper and more transparent.
Think about, even President Bush admits that most of the people have their credit damaged.
In the current situation and under the current plan, most people will not be able to successfully renegotiate their loans with banks, since bank ratings and overall standings are declining with each day.
Granted, my plan may be called idealist; however, I fear the prospect of America becoming like a Third World country, where economic coup d’etats are common. Rather, my plan is one that would provide a level of stabilization for the government, while at the same time, helping the common man and the average citizen through this difficult situation.
…………………
www.bailouttodo.blogspot.com
1. Appraise all properties to their Current Values
2. Half million (500,000) at for instance 1%, with a grace period, will be loaned to each citizen and tax payers in the workforce regardless of income level. Could be in a form of credit line to be used as the necessity is proven.
3. Each recipient must:
A, Negotiate all his debts
B. Stay in the work force for at least five years.
C. Leaving an employer must be done with reasonable notice, and
with simultaneous transfer, whether it is for entrepreneurial reason
or not.
D, All monies must be spent in the U.S., except for rare circumstances where goods or labor required are not available in the U.S. No job outsourcing is allowed for jobs that may be completed by the U.S. labor force
4. The rest of the $700 billions Stays in the government for ………...
This way, the commercial entities that are being bailed-out would not be facing this crisis because all of their clients would be able renegotiate their debts, or repay their loans, etc.
This proposal for a bail out would be cheaper and more transparent.
Think about, even President Bush admits that most of the people have their credit damaged.
In the current situation and under the current plan, most people will not be able to successfully renegotiate their loans with banks, since bank ratings and overall standings are declining with each day.
Granted, my plan may be called idealist; however, I fear the prospect of America becoming like a Third World country, where economic coup d’etats are common. Rather, my plan is one that would provide a level of stabilization for the government, while at the same time, helping the common man and the average citizen through this difficult situation.
…………………
www.bailouttodo.blogspot.com
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