MY Stimulus Plan

Congress approve the 1 Trillion so I am using that as my basis: 300 Million Americans in this country currently. Including every last man woman and child. Pay each and every American $200 thousand dollars. That comes to $600 billion dollars. It LEAVES the congress $400 BILLION dollars to spend on their pork.

Stipulations written into the payout to americans since even the poorest of the poor with a family of 4 would receive $800K!!!

Stipulations:

for the wealthy first: 1. If you earn a combined income of $250K or more, you must either invest 50% into IRAs, the markets, stocks or in business investment. second $100K must be used to payoff personal debt, i.e credit cards, home loan, equity lines, etc. 2. Children of wealthy families under the age of 18: Their respective $200K each must be invested in their higher education through savings accounts, CDs, college funds, or the like. At 18, if they do not go to college, those funds are released to them for their own investments, startup business capital or home buying. 3. Children of wealthy families earning more than $250K that are OVER 18 but still reside with parents, must follow the same investment rules.

for middle class: 1. $200K to each member of the family. $200K for parents can be used at their discretion as long as they prove they earn less than the wealthy teir. Tax benefits for investing the money in the markets, IRAs, paying off home loans and the like. 2. Children under 18 of middle class: their $200K must also be setup for higher education. College funds, savings, etc. Tax incentives attached to those investments to urge their followthrough.

The Poor: 1. All funds used as needed with the understanding that they cannot ride a debt balance. Funds remaining after buying a house/apt, paying off loans, credit cards, utilities, etc must be paid immediately. Once in the black, they can learn how to invest, save and continue cash flow. Tax benefits for using the money for higher education, seeking emplyment, home loan payoffs, or new home purchases. 2. Children of poor under 18: Their $200K must also be saved, earmarked, invested for schooling. $200K could provide education for every kid right through their college.

So...this leaves Uncle Sam with nearly $400Billion in spending as they wish....the federal welfare programs, the commissions, the building renovations etc. Heck, this amount of money doesn't even include the $780 Billion from the TARP fund. The financial sector got their handout and still have the second half waiting.

I know there could be many more stringent guidlines as to what to do with the money given out, but this little ditty puts a sobering spin on how much money Obama is going to spend on "programs" that don't stimulate a thing. wouldn't it be nice to open up the mail and see a check for $800K for you, your wife and two kids. BUT KNOW THIS....OF EVERY DOLLAR OBAMA HAS PROPOSED TO SPEND, ONLY 12 CENTS GOES TO STIMULATING THE ECONOMY AND KICKS IN GROWTH. 88 CENTS OF EVERY DOLLAR GOES TO GOVT PROGRAMS, GOVT RENOVATION AND WELFARE! 12 CENTS IS FOR AMERICA....88 CENTS IS FOR BIG GOVERNMENT!!

I would wager a bottom dollar that 95% of all americans receiving this kind of "stimulus" would invest, pay off ALL debt, get their kids college paid for TODAY, buy new cars, and start new business....I know I would. I would invest my kids portions wisely, turning each of their $200K into $400K within the next 15 years....so doable if you do some homework. My house would be clear and free...so I would definitely entertain buying a second home for future retirement, vacation or whatever. My credit cards would be at zero. Banks would have all that credit back, interest rates wouls stabilize with the influx of home loans being paid off, and housing would boom.

I would get rid of my old car, and buy two new ones for the family...with better emmissions and mpg. I would upgrade and improve my home, thus improving the quality of my neighborhood, increasing home values.

When my kids are of age, the NEW influx of money for college payments, tuition, housings would kick in and restimulate AGAIN in 15 years, all the while, that money helping the economy while it earned interest and sat in these financial institutions.

If my kids end up not going to college, they now have funds to buy a home, a car, invest on their own in the markets, start a busines or whatever...but it goes back into the american economy...that is if capitalism prevails and socialism dies like we hope.

Anyhow, I know there are lots of pitfalls and caveats to just giving out money, but I think every American would love a crack at thier own destiny rather than trusting Uncle Sam to spend their tax dollars....remember $1400 toilet seats and hammers from the pre-Reagan years? You really think that Obama's financiers are going to save you money on the things they build, the welfare programs they offer or the contractors they hire to build THEIR government buildings that take years and years to finish over the private sector contractors....I think not.

Sure it may be a sillly stimulus plan, but it puts a great perspective on just how much they want to spend on their watch. I truly don't believe the slated and signed off plan of giving america an additional $13 dollars a week in their paychecks will do diddly squat!!! and that's only for the poor worker...I am considered wealthy (not by a long shot technically) and I will be paying out for those workers extra $13/week....my pay will not increase...and neither will yours if you are middle class.

Think about it....just simple math. Of course I jest...I don't think we should be paid....this country was founded on the back of hard working americans. But, when you do some silly math with the amount of money Obama and his tools want to spend (yes spend its not stimulus) it really is an eye opener in dollar amounts.