Tim Moore's Economic Stimulus Package

I have not been elected to any office-and I’ll be the first to admit that I really DON’T UNDERSTAND the economic crisis or how to solve it.

If you believe that you do understand it all, you are:

a) kidding yourself,
b) delusional-or
c) your name is Ben Bernanke

With my ignorance now firmly established, I am still ASTOUNDED by the magnitude of spending by our government---and my solution is simple, given the dollars. Check my math, please, but if the total tab is hovering in the $1.5 TRILLION dollar range, why don’t we just divide the dough up and send it to every man, woman and child in the U.S.?

At $1,500,000,000,000, divided up between the 300 million people in the country, that’s about $5,000 cash for every person. That means mortgage payments now made to avoid foreclosure, ability to pay the points on repo’s that are refinanced, new cars sold and generally a TON of cash infused into the economy. College tuition, credit card debt eliminated. Of course, that woman with 18 children would get $95,000, but sometimes you have to swallow hard.

Don’t get me wrong. I fully support our President-and think that much of his plan is needed. I just don’t trust the government to get it right. Whatever happened to that TARP money that was supposed to avert a crisis?

Below is the video of President Obama’s speech last night. Aside from the factual error regarding the automobile being “invented” in America (it was actually in Germany by a Mr Benz..as in Mercedes), I thought his speech was magnificent.





http://www.youtube.com/watch?v=3MVtE7C-YVc


If anyone needs me to help solve all of our problems, you know where to find me. I’m here to help. If you’d like this blog in your daily inbox, let me know: tim.moore@citcomm.com