there are over 6 billion people IN THE WORLD
they are talking about 900 billion in packages

instead of coming up with all that packages that's only going to make the rich richer and not fix any problems.

WHY: don't they give every U.S. citizen a million dollars and put a freeze on ALL prices so that people cann't charge a hundred dollars
for a gallon of milk!!!

don't you think that would stimulate the economy?
plus it would save them a few hundred billion!!!!

COMMON SENSE PEOPLE ARE WE NEED LEADING OUR GOV

There is just over 300,000,000 in the US. who cares about the other countries.

Well, here is how this common sense is going to work out:

You give out money to everybody, this will be equal to raising prices. Because, it is the same as adding zeros to your existing bill.

Now, you did foresee this, and freeze prices, which is called price controls. This will result in shortages, empty shelves. Why? Because nobody wants to sell for artificially low price. So, you withdraw your goods.

We could accomplish the same thing, by lowering all prices by law. It is equivalent to giving away money and freezing prices. Now, would you sell your car for $1000 if you paid $10000? No, you'd withdraw.

What you doing is you are looking for a solution to a problem that is only solved through default. Don't waste your time thinking. We have to either default, or work really hard and pay back. It is really no different than borrowing someone's money and wasting it all. No miricals or screwing with rules can create something out of nothing.

or else some people just talk and the words that come out are indistinguishable

That is what I thought, "must be a joke". I still think so.

$900B divided by 200M U.S. citizens (18+) is $4500. Even if everything nogames39 said is complete BS, what would that solve?

I don't get it, guys.

Wasn't there a post in between mine and quiet_2008?

Things are just disappearing on this board...or is it me going crazy?

you can all speculate on how to fix the problem but you have to realize that these things are going in this direction for a reason. the reason isn't to help you or me. your solutions are good for us but not good for the bankers that own the federal reserve. so guess who is winning!!! guess who's solutions will not be put into play!!!! remember "what's good for the consumer is not good for the corporation"

Actually, I just thought about something...

Why would giving one million dollars to each and every american citizen drive up inflation, but giving one BILLION dollars to rich people not?

After WWI, Germany started simply printing money to pay off war reparations. Now THAT caused severe inflation and people started bringing cash to the market by the wheelbarrel just for a single loaf of bread. Why? Because there was nothing backing their currency. It literally wasn't worth the paper it was printed on.

The money we are talking about with government bailouts was collected from legitimate revenue sources and the money has solid backing.

In Alaska, every citizen who has lived there in state for two years or more qualifies for something called the Alaska Permenent Fund Dividend. It averages $1,200 a year so a household of four would get $4,800. When these checks hit Alaskan's accounts it REALLY stimulates the economy. People go on spending sprees and local businesses profit from this. Inflation doesn't magically increase because a couple million dollars gets dropped on the public without them actually earning it. It is legitimate money with legitimate backing. Businesses don't raise their prices just because people suddenly have a boost of unearned income.

If the government simply printed a bunch of cash to drop on the economy I would agree that it would kill us with inflation, but this isn't a house of cards. This is real money that is going to be spent, saved, or invested one way or the other. Why should people who are already rich be getting the lion's share?

Not everyone would qualify though...

There are roughly 37 million immigrants included in that number.

Now subtract the number of mental patients residing in this country who are not legaly competent to recieve that kind of money.

Now subtract the number of prisoners serving 20-life.

Finally, who says you have to give one to everybody in the first place? If the government can bail out big business, why not students, home owners, and people with extreme medical debt?

If certain automotive companies were to fold, the damage to the working class would not be as steep if they could pay their mortgages off and own their vehicles free and clear.

The idea here is lets give the money to the real driving force behind America... John Q. Public

You're right, rich should not be given any money either. I hope I wasn't taken as advocating for that.

But let me ask you this: You said: "...and the money has solid backing".

What backing are you referring to? What is this money backed by?

ummm didn't that money come from John Q Public in the first place? better than give it to him, why not just not take it in the first place?

Now I know this can't be coming from the republican side of the floor since republicans do not believe in handing out cash to the average citizen, except Bush, because then it breeds entitlement. What makes everyone entitled to this money? Just being a citizen?

...aaaaah, grasshoper, that would not leave any room for the redistribution of wealth. And if one is not redistributing, then how does one steal?

No, it was more of a side-thought. People are comming out of school, neck-deep in debt with no jobs waiting for them. People are living in houses that can be "here today, gone tomorrow." People aren't buying like they used to so people aren't investing like they used to. Debt is a SERIOUS problem in this country.

As for "solid backing," what I mean is that it is tax money from the GDP. It's money made from every hot dog, sports car, video game, and any other good or service you can name. That's why I compared it to what post-WWI Germany did. When they started mass-printing money it was worthless as it had no real backing.

Unfortunately taxes are a neccessary evil. We need a standing military. We need federal education funds. We need national disaster relief.

I just don't like what the powers that be do with our money.

Do you guys not understand that the reason they say that we are borrowing this money from our children and grandchildren is that they have to pay it back in taxes????!!!!!!! They will get so friggin taxed because people like you guys trying to accept more debt money from the federal reserve. to give you an understanding of what is happening, when our government borrows this money from the federal reserve, they borrow it at an intrest. guess who pays back the interest!! now, if we were to pay back every cent that we owe to the federal reserve, there would be absolutely no dollars in circulation. We would have given them all back. but we still would owe the interest on these loans, but guess what!!! the fed didn't print the interest. you people are so damn greedy its pathetic. our children and grandchildren are going to be paying for all of these bail out bills. the GAO report says we are already in debt to the federal reserve 65 trillion dollars. you can't keep borrowing money from the feds to pay the feds back.

Ah, but it is soooo easy to say "We love our children!", and "They are our future". But when it comes to act, we fnck them. Let them deal with our debts, they are our future, it is our debt, but it is their problem!

nogames you are right on the money!!!!(pun intended) but these people are trying to figure out how they can get some of the money that our children will have to pay back. It's a cryin shame.

First of all calm down. Nobody in this thread is getting a dime. Deep breath, read between the lines. If the government is GOING to do something like this then it should go to the public sector and NOT the corporate sector. These should be treated as investments not handouts anyway. The underlying theme here is giving people who are already well-off more money will not stimulate the economy.

Businesses require markets, markets require people with money to spend, people with money to spend require jobs, jobs require businesses... Ad infinitum.

Don't worry about your grandkids having to pay taxes. Things keep rolling downhill like they are and they will be flat out homeless.

p.s. What's pathetic is getting worked up over an internet discussion. Ixnay on the day ominemhay.