This is how you bail out our country. The feds give every household in America $100,000. What”s the first thing we would all do? Thats right, put it in the bank, so we could use our checking accounts and credit cards. Gee, the banks would fill up with money ? the right way. If we had only a year to spend it the stores and services would be knocked over from the business. Then they would put their receipts in the bank.
Wow, the banks would be getting theirs and we would be living it up. With the increase in business many stores and services would start to rehire people to meet the demand. We would get back the important jobs that were lost. So far the only new jobs are for road and bridge builders.
The only reason the bailouts didn”t take this form is that the government doesn”t trust us with our own money.
Frank Carini
Lakeport
