Comments on: How To Fix The Economy http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/ Reality-based political commentary Fri, 08 May 2026 01:45:08 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Chris Weigant http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3691 Chris Weigant Mon, 29 Sep 2008 05:28:47 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3691 Michale - Well, OK, I admit "grandstanding" was kind of slanted, but I would have used the same word if Obama had done the same thing, I swear. Grandstanding sometimes works (just ask Newt Gingrich), but I think this one kind of backfired on McCain. But I could be wrong... Gipper - Isn't it amazing that when Wall St. needs a bailout, the money just appears out of thin air, but when health care or other types of things are discussed, it's always "too expensive, the money's not there..." Jan - I, too, would be willing to settle for just $100,000 or so... heh heh. Gipper - You make a good point about inflation. OK, how about if Uncle Sam sends $100,000 to me, and every reader of this column, then it won't impact the overall economy. How's that? Heh. akadjian - Now, see, we're all agreed on $100,000 and you're upping the stakes to $5 mil. I know it's not golden parachute sized or anything, but could you settle for 100K? Heh heh. Maybe we need to hire a CW.com lobbyist or something. Heh. Heh heh. -CW Michale -

Well, OK, I admit "grandstanding" was kind of slanted, but I would have used the same word if Obama had done the same thing, I swear. Grandstanding sometimes works (just ask Newt Gingrich), but I think this one kind of backfired on McCain. But I could be wrong...

Gipper -

Isn't it amazing that when Wall St. needs a bailout, the money just appears out of thin air, but when health care or other types of things are discussed, it's always "too expensive, the money's not there..."

Jan -

I, too, would be willing to settle for just $100,000 or so... heh heh.

Gipper -

You make a good point about inflation. OK, how about if Uncle Sam sends $100,000 to me, and every reader of this column, then it won't impact the overall economy. How's that? Heh.

akadjian -

Now, see, we're all agreed on $100,000 and you're upping the stakes to $5 mil. I know it's not golden parachute sized or anything, but could you settle for 100K? Heh heh.

Maybe we need to hire a CW.com lobbyist or something. Heh. Heh heh.

-CW

]]> By: akadjian http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3674 akadjian Sat, 27 Sep 2008 15:18:40 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3674 @Gipper Interesting idea. If we gave the money to people so they could pay off their mortgages, I would think this would also help Wall Street as their debt would not longer be worthless. I'm not sure how this would play out economically, but at least it would help both sides rather than just these Wall St. banks that made terrible decisions. - David p.s. I am just a small part of the economy, but if a piece of the machinery fails, then the whole machine could stop. For just the paltry sum of $5 million, I believe I could fix my part of the economy. I hope Congress and the President will consider how little this amount is in the scheme of things and how great the damage could be to the overall economy if I fail. Can we truly take this risk? @Gipper

Interesting idea.

If we gave the money to people so they could pay off their mortgages, I would think this would also help Wall Street as their debt would not longer be worthless.

I'm not sure how this would play out economically, but at least it would help both sides rather than just these Wall St. banks that made terrible decisions.

- David

p.s. I am just a small part of the economy, but if a piece of the machinery fails, then the whole machine could stop. For just the paltry sum of $5 million, I believe I could fix my part of the economy. I hope Congress and the President will consider how little this amount is in the scheme of things and how great the damage could be to the overall economy if I fail. Can we truly take this risk?

]]> By: Janice http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3672 Janice Sat, 27 Sep 2008 12:39:56 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3672 BashiBazouk You are absolutely correct,I stand corrected,needless to say I left off a few zeros. Not such a good idea after all BashiBazouk You are absolutely correct,I stand corrected,needless to say I left off a few zeros.
Not such a good idea after all

]]> By: Gipper http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3669 Gipper Sat, 27 Sep 2008 02:00:01 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3669 For anyone that say, "Why shouldn't the government give the money to the people". The biggest problem I see by just giving ANY amount of money back to "John and Joan Q public" would be the huge jump in inflation. I do not want to pay $1,999.99 for a loaf of bread. If I owned a company, and I knew that potential buyers of my product just received free money. I would jack my prices higher so I can make a larger profit. For anyone that say, "Why shouldn't the government give the money to the people".
The biggest problem I see by just giving ANY amount of money back to "John and Joan Q public" would be the huge jump in inflation. I do not want to pay $1,999.99 for a loaf of bread. If I owned a company, and I knew that potential buyers of my product just received free money. I would jack my prices higher so I can make a larger profit.

]]> By: Michale http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3668 Michale Sat, 27 Sep 2008 01:53:40 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3668 @Jan I'de be happy with just about a hundred K.... :D Michale..... @Jan

I'de be happy with just about a hundred K.... :D

Michale.....

]]> By: BashiBazouk http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3666 BashiBazouk Sat, 27 Sep 2008 00:42:38 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3666 Uh...1,000,000 * 135,000,000 is 135 Trillion dollars. That's some bail out. Uh...1,000,000 * 135,000,000 is 135 Trillion dollars.

That's some bail out.

]]> By: jan hatcher http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3664 jan hatcher Fri, 26 Sep 2008 23:48:40 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3664 OK You want to fix this mess we are in simple: WE have a population of 301,139,947. We have 135,000,000. registered voters. You want to bail out the fat cats at 770 Billion. IF the Goverment sent every REGISTERED voter 1 million dollars per household,with the stipulation that all taxes are deducted upfront, their mortgage is paid in full, all credit card debt and collections are paid. The banks would recover their foreclosue losses.That in turn would make up for the loss of interest income. Yes it would put more man hours into the IRS but we would have a surplus and let the fat cats on wall street take a cut in salary. We would still pay taxes probably at a lesser rate than we are going to pay in the "Bail Out" Just a thought OK You want to fix this mess we are in simple:
WE have a population of 301,139,947.
We have 135,000,000. registered voters.
You want to bail out the fat cats at 770 Billion.
IF the Goverment sent every REGISTERED voter 1 million dollars per household,with the stipulation that all taxes are deducted upfront, their mortgage is paid in full, all credit card debt and collections are paid.
The banks would recover their foreclosue losses.That in turn would make up for the loss of interest income.
Yes it would put more man hours into the IRS but we would have a surplus and let the fat cats on wall street take a cut in salary.
We would still pay taxes probably at a lesser rate than we are going to pay in the "Bail Out"
Just a thought

]]> By: Michale http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3662 Michale Fri, 26 Sep 2008 22:50:16 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3662 @Gipper Great ideas!! I am all for that.. Michale..... @Gipper

Great ideas!!

I am all for that..

Michale.....

]]> By: Michale http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3647 Michale Thu, 25 Sep 2008 23:36:39 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3647 On another note, I do like that cartoon.. But, as Bill Clinton himself told us, the name on the "rescue" boat should be prominently displayed... S.S. DEMOCRATS Michale..... On another note, I do like that cartoon.. But, as Bill Clinton himself told us, the name on the "rescue" boat should be prominently displayed...

S.S. DEMOCRATS

Michale.....

]]> By: Gipper http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3646 Gipper Thu, 25 Sep 2008 23:36:25 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3646 How about this, Invest the $700 billion dollars in America, and not Wall Street. Let them figure out how to pay their bills like everyone else in America. Here are some items that the money go to. People say that the power grid needs major updating, that could be a good place to start, and did someone say Wi-Fi for every town in America? I'm sure there are some levees that can be improved upon. How about the underfunded school and health system, but we can not spend taxpayer money on those because we are not a Socialist Government. How about new technology like green energy. How about this,
Invest the $700 billion dollars in America, and not Wall Street. Let them figure out how to pay their bills like everyone else in America.
Here are some items that the money go to. People say that the power grid needs major updating, that could be a good place to start, and did someone say Wi-Fi for every town in America? I'm sure there are some levees that can be improved upon. How about the underfunded school and health system, but we can not spend taxpayer money on those because we are not a Socialist Government. How about new technology like green energy.

]]> By: Michale http://www.chrisweigant.com/2008/09/25/how-to-fix-the-economy/#comment-3645 Michale Thu, 25 Sep 2008 23:35:03 +0000 http://www.chrisweigant.com/index.php/2008/09/25/how-to-fix-the-economy/#comment-3645 <I> Although it has required an almost unbearable amount of restraint, I am not going to comment on John McCain's political grandstanding today </I> Uh.... You just did... :D Heads up... If you do a commentary on McCain's "grandstanding" please stick around for the fireworks... :D My Economic Plan A. Get rid of the Stock Market. Barring that, make it like the Stock Market in the Game Of Life where everyone can play just by spinning a wheel.. That's all I got.... On a more serious note, I DO like the idea of judges being able to re-write mortgage contracts. So, I am going to vote for whomever makes that happen.. :D Michale.....
Although it has required an almost unbearable amount of restraint, I am not going to comment on John McCain's political grandstanding today

Uh.... You just did... :D Heads up... If you do a commentary on McCain's "grandstanding" please stick around for the fireworks... :D

My Economic Plan

A. Get rid of the Stock Market. Barring that, make it like the Stock Market in the Game Of Life where everyone can play just by spinning a wheel..

That's all I got....

On a more serious note, I DO like the idea of judges being able to re-write mortgage contracts. So, I am going to vote for whomever makes that happen.. :D

Michale.....

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