I like this idea. Instead of bailing out AIG, give the money to every tax paying citizen over 18 years old. By his calculations that'd equal "every adult 18+ has $297,500.00 in their pocket" (after taxes)
He points out that this would likely straight up solve the mortgage/foreclosure crisis as a large percentage of Americans could probably pay theirs off...
Of course, I'd probably still bitch about the waste of taxpayer money... (But I'd do it from a much nicer computer!)
Thursday, November 6, 2008
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