LOL... yeah, I suck at math...

But even so, the population of the USA was estimated to be 305,318,579 as of Oct 2008. (http://www.census.gov/main/www/popclock.html)

So the real math would be 700,000,000,000 / 305,318,579 = $2292.69

That's hardly $200K per person...

Loco that census accounts for everyone, not just tax paying adults Homeless, struggling and children are included.

Yeah I guess that would be a bit off hahaha, I wish I could remember what guy was saying that on CNN, he had some weird breakdown on how it would work out to be that. It might have been for still existing home owners in a certain money range, ya know, working class folk that have toughed it out through this and made payments. Those people in turn would own a house, pay the bank money, thus owning their house for saving the market already since they have been making their payments, the banks would then be able to give out reasonable loans to people that earned enough to pay them back rather than just on handshakes and promises. I literally got a 10k loan on a handshake and signature in five minutes about three years ago at my wamu.

So thus hardworking tax payers that didn't fuck up would be spared, banks would have their government money, but not for totally free, they would be giving up their assets to rightly deserving working class tax payers who didn't fuck themselves, and the banks would be able to work on properly educating people that perhaps never owned or lost their homes now and give them APPROPRIATE loans with this new money they took in from the other home owners, wouldn't that save the market and banks just the same but without the free and clear of just giving it to the bastards?

Just saying, I mean you can say thats ridiculous but fuck it, their plan is to just give them the money and raise the FDIC? fuck that. Go take a survey of who owns over 10 grand in stocks and has a bank account with 100k or more in it anyway. Probably not many, and as I said those who do usually know how to manage it anyway.

HAHAHA this was from a story on yahoo news front page

Wave of House converts jump aboard bailout bill
Black lawmakers said personal calls from Democratic presidential nominee Barack Obama helped switch them from "no" to "yes."

So thats all it took? Really?

Barack was like uhhhh hey do you really want your stocks to fall? Don't you want your hidden prostitute money account to be insured for 250k?

See my point now? Its not like its costing us shit! haha right on. I can't believe we pay senators enough to buy MULTIPLE homes to make decisions like this.

You know it's funny, the USA has a history of militarily or economically invading other countries who don't follow our "pure free market system" yet we switch over to socialism at the drop of a hat when things get a little rough.

The entire point of the free market is that when people make poor decisions, they pay for them. That is the ONLY regulatory force that amounts to anything when it comes to true free-market economics.

What this means is that the financial institutions who gave bad loans should be allowed to fail, and the people who bought houses they could not afford should lose them. Yes this sounds heartless, but you know what? It's the only way the free market system works.

I am so sick and tired of the USA, I honestly am at the point of hoping McCain wins, dies, Palin takes over, and the country just completely collapses. We need a do-over BIG-TIME, and it looks like utter collapse is the only thing that MIGHT trigger it.

The people in this country are such SHEEP, I mean I've always known that, but this is just nuts. Why the heck should I have to a) pay taxes to some huge financial company who did some DUMB ASS SHIT, and then got into trouble, OR b) pay money to some idiotic jerk who got a loan they KNEW they could never pay off, but went for it anyway?

You know, I make a pretty decent amount of money. I recently bought my first home, and decided it was a good idea to get a place that was really cheap. I spent about $105K for the house, and you know what, it's not great, but it suffices. It needs work, but I can put work into it over the next 5+ years I'm there, and raise the value some. I made a very REASONABLE economic decision, and what thanks do I get? More of my tax money out of my pocket, and into the pockets of RICH BASTARDS and IDIOTIC SHEEPLE. Wow. Some great country we have here.

Frankly, the USA is KING when it comes to screwing over average folks who make the best decisions. We're number one!

http://ia310810.us.archive.org/2/items/ ... 5374-A.mp3

some things take a long time to repeat themselves. Sadly, we are all bankers now.