Wednesday, February 11, 2009

Why Not Try This?

Since we’re talking huge amounts of money, enough to pay off 90% of the mortgages in America, why not just hand out checks to those of us who have a mortgage with the understanding (hell I’ll even sign something) that we will pay off our mortgages. No need to “bail out” those in foreclosure, prop up banks, keep track of thieves or spend money on a bunch of pork projects. Toxic assets covered, crisis averted, income freed up for more buying, banks flush with cash to loan, everyone is better off. Now that would be a stimulus!

No comments: