give the money to the people, not wallstreet.....

this is the battle cry of the uneducated in america. it's become fairly obvious to me that our education system has failed. we have tunred out people who do not know how to use a calculator. okay i'm going to help you people....

first we'll use the 150 billion stimulus package we all got a piece of awhile back as the mold to make our equation make sense and be accurate.

so all singles got $600.00 and married couples got $1200.00 so basically 600 bucks a head. we have a population of around 300,000,000 people right now. if we take 150 billion and divide it by 300 million what do we get? we get $500 bucks. that's pretty close to what we got per person for the stimulus package. so we can alter the amount of people to come to a more accurate number than the 300 million we used as a referrence point. if we take 150 billion and divide it by 250 million people we come to $600.00 per person. bingo the magic number the govt used to give the stimulus package!

okay so there is 350 billion dollars left of the 700 billion "bailout money". so if we take 350 billion divided by 250 million people..what do we get? go ahead use your calculator, i'll wait............................................................................................................................okay it comes to $1400 per person.

okay so 1400 bucks is a good chunk of cash right? so let's work through this new found dumbass economic belief of "the trickle up theory" as it's been dubed. american families on avg. owe over 9 to 10 grand in credit card debt alone. we know from common sense that most owe much more on their mortgage and car loans and other loans like home equity...but let's just stick to credit card debt to keep the example simple.

okay so we send out a check of 1400 bucks to singles and 2800 to married couples. who as a family all owe around 10,000 dollars to credit cards. so where does this money end up going...yep to pay down credit cards and catch up on the mortgage and car loans and other debts, etc. so basically it's handing the money to the banks. wait a minute...isn't this what the "wall street bailout" is doing? handing the money to the banks to help shore up/stabilize their toxic debt load? yep, that's right. so these trickle up dumbass theorists would rather make our govt spend millions to print out and mail checks so they in turn, can turn around and spend gas to deposit it and then turn back around and send it to the banks. that makes a hell of allot of sense...doesn't it?!? once the 1400 bucks is gone the people, even if they used it to pay down credit card debt alone, would still owe $7,600 bucks. so it didn't exactly do anything for the person did it? when you owe tens of thousands of dollars a mere 1400 bucks is like a crumb. it won't stop you from starving to death.

okay so have we finally put this stupid moronic idea to rest? please tell me everyone gets it now. giving this money to the people doesn't do any good. it won't save the economy or your job. even if you spent it on a big flat screen plasma or lcd tv at the walmart it still won't fix anything..because the debt load being carried by america as a whole has to be paid back and this is what we are seeing. people not investing their money into businesses or stocks or anywhere because they know america already owes too much money and can't ever pay it back.

so please people think through your ideas before you start rambling them all over the internet. this idea shows sheer stupidity as well as a shocking lack of overall underastanding of the economy and shows you are either too cheap or stupid to buy and use a calculator. it's embarrasing.

ps...this entry wasn't written towards my two readers/friends. i know they are quite smart and can use a calculator. it was written for you imbeciles that post non stop on aol and other comment allowing news story sites...and constantly spit out your stupid ideas to fix the world. one of the biggest mistake a person can make in life is to think they are smarter than they really are. likewise to think they are smarter than everyone else.

there si only one way to fix the economy...and no one is going to like it. it involves going back to proper lending strategies. saving not overpsending and borrowing, and working hard for realisitic wages. the days of making 50k while twiddling one's thumbs most of the day are over union boys. you cannot make low level unskilled jobs pay middle class wages. it doesn't work and we are seeing it come apart right now in the auto world. if you want to make more you have to increase you education and your skill level. there is no easy way out of this. it's gonna be hard on everyone and everyone will have to learn to live with less and while working more. the unions lied to you, you were never middle class pulling a lever and putting a tire on a car. it was a nice run, stop being bitter and be happy you got away with it for so long. now it's time to pay the piper. those who are strong will survive and get educated and skilled in professions that support middle class wages. those that are weak and lazy will fail and end up homeless and collecting welfare. you don't have to like it, but it is the way it is and will be.......

why the auto bailout won't work.....

well looks congress is going to give the auto makers a bailout. this is another idea in stupidity.

first gm and the like have been broke on paper (accounting) for years. even during the suv craze where they sold not so bright american's unsafe, cheap truck frames, with toppers, leather seats, and lots of airbags and cup holders at a premium...all that cash still didn't work. thworing more money at them now won't do much. it will keep them alive a little longer but at ythe rate of burning up around 2 billion a month. 25 billion won't keep them alive for much longer. it cetrtainly won't let them weather through this recession.

no thereis a greedy reason congress is so gun ho on keeping gm and the other two alive. the ofrst is pretty obvious. their heavy campaign contributors. the uaw and other unions. without jobs the uaw and the like don't get cash. so the pressure is on the queen bee and the mortitican to keep these failed companies alive at any cost. the second not so obvious reason is tax revenue. without the big three and their large workforce...the federal govt would stand to lose around 60 billion a year in taxes. so from a govt standpoint a mere 150 billion would pay for itself in less than three or four years. it's no wonder they are saying anything they can to hit taxpayers emotion hot buttons to throw more of our monye into a failed systems laps.

you are hearing all kinds of bullshit like..."for every autoworker job...they provide 6 more jobs." this is exaggeration at best and lying at worst. it's true the economy is hinged on one another...but the closer truth is for every autoworker job they creat maybe 3 or 4 subcontractor jobs..meaning parts manufacturers...not 6 outside of the industry jobs. no just like when new orleans shut down after katrina and the govt said our economy would topple without it...the truth was it survived just fine without it. you also hear stuff like if gm fails it will shuit down the economy...once again not true. we have plenty of auto manufacturers here in the usa that can fill the gaps. companies like toyota, honda, bmw, hyundai, etc. these companies could easily fill the hole where gm and the like left.

then let's go to good old fashioned common sense, on why throwing more money won't fix anything. the economy is bad, right? so people are not buying cars and trucks. so it would appear obvious that gm , ford, and chrysler should be laying off people and shutting down plants that is creating more supply (cars/trucks) then there is demand(buyers). well since their union contracts won't just let them lay off workers an close plants..this puts them in an uncompetitive position against honda, toyota and the like. by tossing gm more money all we are really doing is providing welfare to autoworkers and white collar workers. i don't know about you, but i have had to cut back hard in my lifestyle and continue to do so. i don't see where i should be providing welfare to an industry that can't pull it's own weight. no one is throwing money at me and my small business...nor at my day job. so my boss can keep running things as is, without changing to meet the market.

no the harsh reality is that gm and ford, etc are goijng to have to change. the uaw is going to have to change. to throw more money at them is not fixing the problem. thr truth is they way these entities ahve been run and the uaw's position had this coming for a long time. it woupd have happened regardless of the bad economy. the govt is trying to do what it thinks is best..but they aren't thinking this through, imho. if we the tax payers are going to have to shove more monye over to help them then they need to give something back and do the right thing. it's time for a full overhaul of the automakers and the uaw. if they refuse then i say f' em! let them fail. a quick failure won't be as painful on us as long drawn out govt supported failure...that last decades. think of it like a bandaid. which is worse? a quick pull off your hairy leg...or a slow painful pulling that lasts a few decades? i've tried both ways, and i know a quick pull is far better than a long, slow painful one.

we have to get govt back on the taxpayers side. i have no sympathy for autoworkers, unions nor gm. they knew this was coming and they all were too greddy and stubborn to change when they ahd the chance. now the shit has hit the fan and they want us the real hard working americans...who take care of ourselves to lower our standard of living even further to help them....sorry i don't think this is right! michigan and the auto industry has been a ball and chain around america's leg for too long. fix your mess on your own and will give a hand. sit in your own shit and whine and i'm going to keep walking.

sometime si get so pissed at the greed in america. form the ceo tothe line worker. we truly ahev become a whiny do nothing nation of complainers. no bailouts for anyone. it's time to act like men and women, not children.