On Wed, 10 Dec 2008 10:40:54 -0800, Tim wrote:

On Dec 10, 12:05Â*pm, wrote:
On Wed, 10 Dec 2008 12:27:14 -0500, Tom Francis - SWSports wrote:

The Federal Government could give every individual in the state of
Michigan $20,000 and it would cost half of the current Detoit
bailout.

Peanuts, it would need to give everyone in the *country* $24,000, to
match the pledges given to Wall Street.

http://
http://www.cognitivedissident.org/20...4k_per_pe.html

I'd take it. Start spending it. so would most everybody else. It would
be a better boost to the economy. BTW, the products you would buy
there's (in most cases) local and other sales taxes. that would boost
the individual states coffers as well.


I'm for it.

For full disclosure, in theory, neither the Detroit nor the Wall Street
bail-out should cost near that much. They are pledges and loans, not
money in the hand.

As for your suggestion, if confidence has been restored, it would
probably work. However, without confidence, most people store and save,
to get through the rough times. They wouldn't necessarily spent the
money.