| Sep 25 @ 11:14 AM |
The Solution To The Current Financial Crisis
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DiamondRain
Posts: 4,898
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1. Send Iraq a bill for liberating their country. About $1 trillion should be about right to cover our costs. We are a generous country so we won't charge them for the loss of our soldiers lives, the work our country did in freeing them, or any profit.
2. Send Mexico a bill for taking care of their illegal invaders. About $500 billion should be about right. As with Iraq, we can bill them at cost for all the free services we provided and won't charge for the social losses we endured or ask for any profits.
Give Iraq and Mexico 30 days to pay. During this time we will work out the terms of payment since they don't have the immediate cash. We will accept either free oil until the debt is paid, or arrange for their oil to be sold on the open market and the proceeds be paid to our treasury to reimburse taxpayers for the services provided.
Things have changed. We need to run the country like a business. Any businessman knows that in times of financial difficulty the first thing you do is tighten up on collecting money due to you. This will bring in at least $1.5 trillion that is long overdue. That would probably cover the current financial challenge and possible more.
If the ungrateful bastards in Iraq and Mexico don't like it and refuse to pay, send in the Marines and seize the oil wells to pump it until we are paid back. (The nice thing is we already have the Marines in Iraq, so that's a slam dunk.)
[Edited on 9/25/2008 11:28 AM]
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| Sep 25 @ 11:31 AM |
The Solution To The Current Financial Crisis |
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capobeachguy
Posts: 3,658
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You need to work on your math skills, dude.
Never mind, I see you went back and corrected it.
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| Sep 25 @ 11:57 AM |
The Solution To The Current Financial Crisis
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cre8ive1970
Posts: 1,096
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I like the idea on the face of it but it will never happen.
A more possible solution would be to reduce corporate tax rates to almost zero to attract all sorts of investment money. The only problem is, that with so many Dems in washington, this would be almost as impossible to achieve as the original post.
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| Sep 25 @ 12:23 PM |
The Solution To The Current Financial Crisis |
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Gallows_Humor
Posts: 8,063
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just think though... if they refuse to pay...then what do you do next... 
it would serve no purpose to bill them.. just tax them 
this has been done to death.. do illegals contribute more to the economy than they take out..? do they actually pay their fair share in income taxes??
are they really a drain on the economy? ..or are they just .. here illegally ????
and as for corporate tax rates...if I incorporate...what should my tax rate become then???
it is not the corporate tax rate that is the problem.. it is the taking of profits and jobs off the "US tax books" that is..
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| Sep 25 @ 1:29 PM |
The Solution To The Current Financial Crisis
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DiamondRain
Posts: 4,898
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just think though... if they refuse to pay...then what do you do next...
My recommendation addressed that. If they don't meet their obligations, we seize their oil wells and recover what is due to us.
this has been done to death.. do illegals contribute more to the economy than they take out..? do they actually pay their fair share in income taxes??
are they really a drain on the economy? ..or are they just .. here illegally ????
This question is irrelevant to the solution I recommended. There has been a quantifiable cost born by US citizens to provide services such as schooling, medical treatment, incarceration, housing, etc. to Mexican nationals who are in this country illegally. It is irrelevant whether people who are here illegally provide any net benefit to the economy (which they don't BTW).
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| Sep 25 @ 1:48 PM |
The Solution To The Current Financial Crisis |
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kattsmeow
Posts: 21,270
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I certainly don't think we should bail out AIG. What ever happened to the free enterprise system where a person could build up a business and it is their fault if it fails?
It should not be the goverments fault if a company fails.
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| Sep 25 @ 1:52 PM |
The Solution To The Current Financial Crisis
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Gallows_Humor
Posts: 8,063
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Katt..as presented..the aig bailout was not a bail out... it was a treasury dept implemented bankrupcy plan...
but my fear is that in time it will turn into a bailout for select individuals and corporations..
dr.. your edit....
If the ungrateful bastards in Iraq and Mexico don't like it and refuse to pay, send in the Marines and seize the oil wells to pump it until we are paid back. (The nice thing is we already have the Marines in Iraq, so that's a slam dunk.)
so even thought it was this war in iraq that put us in the bind.. you are wanting now to go to war with mexico ... and you evidently think the world court and the UN will just stand by and say... yeah team...slam that dunk....
[Edited on 9/25/2008 1:57 PM]
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| Sep 25 @ 1:53 PM |
The Solution To The Current Financial Crisis |
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KatiefromStafford
Posts: 2,254
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And then indirectly ours, because the taxpayers are going to be footing the bill.
Isn't this sort of like taking out a credit card for Aunt Lucie and not putting a limit on what she can spend? This is scary to me...
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| Sep 25 @ 1:55 PM |
The Solution To The Current Financial Crisis
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kattsmeow
Posts: 21,270
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but my fear is that in time it will turn into a bailout for select individuals and corporations 
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| Sep 25 @ 2:03 PM |
The Solution To The Current Financial Crisis |
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KatiefromStafford
Posts: 2,254
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Exactly Gallows, and just who gets to decide which people and corporations get the bailout? That is what is bothering me, because originally Paulson was asking for a blank check with no oversight.. and that is frightening.. imho
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| Sep 25 @ 2:25 PM |
The Solution To The Current Financial Crisis
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Gallows_Humor
Posts: 8,063
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and that is the same reason that the McCain solution from several years ago was blocked.. it would have taken the oversight away from congress and put it into the hands of the treasury dept... it was a bad idea then..and it is a bad idea today...
but we are going on a tangent..  ... the OP is wanting to sieze other countries assets to pay for the shrub's gaffe's....
does this sound familiar to anyone??
is this the country you want to live in?
is this the government you want in power?
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| Sep 25 @ 2:30 PM |
The Solution To The Current Financial Crisis |
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capobeachguy
Posts: 3,658
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Exactly Gallows, and just who gets to decide which people and corporations get the bailout? That is what is bothering me, because originally Paulson was asking for a blank check with no oversight.. and that is frightening.. imho Yesterday you were whining because you didn't think McCain and Obama would issue a joint statement (but they did); today you are whining about suppositions for the future. If you have no faith in your elected representatives to do the right thing, elect new ones!
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| Sep 25 @ 2:41 PM |
The Solution To The Current Financial Crisis
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Gallows_Humor
Posts: 8,063
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^^^^^ a totally off the wall personal attack that was not warranted...
( ban the f***er)
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| Sep 25 @ 2:46 PM |
The Solution To The Current Financial Crisis |
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capobeachguy
Posts: 3,658
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Attack on whom?
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| Sep 25 @ 2:49 PM |
The Solution To The Current Financial Crisis
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Gallows_Humor
Posts: 8,063
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Yesterday you were whining because you didn't think McCain and Obama would issue a joint statement (but they did); today you are whining about suppositions for the future
it is her right to post here without harassment from you... 
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| Sep 25 @ 2:56 PM |
The Solution To The Current Financial Crisis |
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capobeachguy
Posts: 3,658
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Oh, I see...you don't like the use of the word "whining"...
Would you prefer incessant complaining" or "harping"?
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| Sep 25 @ 3:03 PM |
The Solution To The Current Financial Crisis
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Gallows_Humor
Posts: 8,063
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if she kept on posting that there was no joint statement after there was one..... she would be wrong.. but her asking why McCain did what he did yesterday was well within the parameters of her right to post... as all some of you were doing was ignoring the question and going on tangents that had nothing to do with her posts...
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| Sep 25 @ 3:18 PM |
The Solution To The Current Financial Crisis |
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KatiefromStafford
Posts: 2,254
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There was a joint statement finally released. dead issue.
And thank you, Capo, for the advance notice that they seem to have reached some level of agreement. Hopefully at the meeting in less then an hour, they will be able to work out the last details needed if this bailout truly needs to go forward.
My main concern is, just who will be making the decisions about who gets bailed out, and who doesn't, and how much will it cost the American taxpayer. As my job is as much in jepardy as anyone else's if the economy really does tank, I have a very personal interest in what happens. My frustration seems to be echoed across the country right now, no one wants to bail out the companies that according to most accounts are responsible for the current economic crisis.
Just in, they do seem to have reached an agreement... now have to see if the Treasury Department will accept the deal that is being offered.
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| Sep 25 @ 4:16 PM |
The Solution To The Current Financial Crisis
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Heaveninawildflower
Posts: 15,329
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 I just got this from a friend...I love it!
I'm against the $85,000,000,000.00 bailout of AIG.
>
> Instead, I'm in favor of giving $85,000,000,000 to America in a We
> Deserve It Dividend.
>
> To make the math simple, let's assume there are 200,000,000 bonafide
> U.S. Citizens 18+.
>
> Our population is about 301,000,000 +/- counting every man, woman and
> child. So 200,000,000 might be a fair stab at adults 18 and up.
>
> So divide 200 million adults 18+ into $85 billon that equals
> $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a We Deserve It
> Dividend.
>
>
>
> Of course, it would NOT be tax free.
>
> So let's assume a tax rate of 30%.
>
> Every individual 18+ has to pay $127,500.00 in taxes.
>
> That sends $25,500,000,000 right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their pocket.
>
> A husband and wife has $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your family?
>
> Pay off your mortgage - housing crisis solved.
>
> Repay college loans - what a great boost to new grads
>
> Put away money for college - it'll be there
>
> Save in a bank - create money to loan to entrepreneurs.
>
> Buy a new car - create jobs
>
> Invest in the market - capital drives growth
>
> Pay for your parent's medical insurance - health care improves
>
> Enable Deadbeat Dads to come clean - or else
>
> Remember this is for every adult U S Citizen 18 + including the folks
> who lost their jobs at Lehman Brothers and every other company that is
> cutting back and of course for all those serving in our Armed Forces.
>
> If we're going to re-distribute wealth let's really do it...instead of
> trickling out a puny $1000.00 ( "vote buy" ) economic incentive that
is
> being proposed by one of our candidates for President.
>
> If we're going to do an $85 billion bailout, let's bail out every
adult
> U S Citizen 18+!
>
> As for AIG - liquidate it.
>
> Sell off its parts.
>
> Let American General go back to being American General.
>
> Sell off the real estate.
>
> Let the private sector bargain hunters cut it up and clean it up.
>
> Here's my rationale. We deserve it and AIG doesn't.
>
> Sure it's a crazy idea that can "never work."
>
> But can you imagine the Coast-To-Coast B lock Party!
>
> How do you spell Economic Boom?
>
> I trust my fellow adult Americans to know how to use the $85 Billion
>
> We Deserve the Dividend more than the geniuses at AIG or in Washington
> DC.
>
> And remember, The Birk plan only really costs $59.5 Billion because
> $25.5 Billion is returned instantly in taxes to Uncle Sam.
>
> Ahhh...I feel so much better getting that off my chest.
>
> Kindest personal regards,
>
> Birk
>
> T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
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| Sep 25 @ 4:19 PM |
The Solution To The Current Financial Crisis |
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Novalite
Posts: 3,092
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Katie Well, considering McCain agreed to make a joint statement, and then reneged on that agreement, I am guessing we will never know.
The statement that was originally made was that they were working out a joint statement, and minutes later McCain was announcing he can't multi-task.. er that eh was going to suspend his campaign until 'this economic issue' was resolved.
Somehow I don't think that is a joint statement.
I have a feeling that there won't be a 'joint' statement given anymore.. but that would be on McCain as he was the one who jumped the gun on that statement with one of his own.
Except there is an interview between McCain and Katie Couric aired today in which he stated that Senator Obama had called him this morning to ask about issuing a joint statement detailing the items that McCain seemed to have in agreement with Senator Obama about. And in that same interview, he stated that the time for statements was over, and that action was needed.
So I guess we should accept that McCain lied this morning about the phone call he received from Senator Obama.. wow.. he lied? Who woulda guessed..
KatieThere was a joint statement finally released. dead issue.
All that for nothing. 
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