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stocks2rise

10/24/08 2:34 PM

#142393 RE: littleBitmoore1 #142391

I like the guys suggestion that says give every adult american $275,000 before taxes. Then you will see the economy turn around immediately. People will pay off home loans, car loans, buy new cars, new furniture etc and pay off all outstanding debts. The banks would then be flush with money again, and the recession would disolve overnight. And it would only cost the govt. $3 billion instead of the $7 billion to help the bankers go on $400,000 golf outings!
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Art2004

10/24/08 2:36 PM

#142394 RE: littleBitmoore1 #142391

The systematic problems were lack of regulations and greed. End of sentence

Bernacke is only making a suggestion for a stimilus that it will be up to Congress to put a price on.

Bernacke will go down in history as one of our great Federal Reserve Chairmen.

(Now the entire link can be deleted as OT)