duckorgethit

Duck or Get Hit

It’s broke and this is how I would fix it
J. E. Wilson

What was this emergency meeting at the White House all about? President Bush pleads for $700 billion then waltzes out of the meeting that seemed to last only two hours. McCain was grinning ear to ear for cameras, but why was he smiling during this crisis?
There was more at hand for this emergency meeting than we are being told. Senator McCain has been campaigning on the road for months while the nation crumbles around his feet. Why now does he drop his campaigning and return to save this nation? He came back to Washington D C to take a class called Economics 101
President Bush calling this emergency meeting was the only bailout the American’s will see anytime soon and Senator McCain is the only one who benefits from it. Here are my ideas for the bailout, yet the rich, CEO’s, and Republicans probably won’t like it. This is “The Wilson Plan” to save a nation.
All stock options and monies that fall under the CEO golden umbrella’s would be placed back into the respective institutes. And here are some more ideas in my plan
1.    Any money loaned to the US Government and paid to the various failed or failing companies will be paid back by those who receive the loans.
2.    No taxes or taxpayer dollars will be used in any bailout or loan pay off.
3.    If there is a lack or less money loaned for a bailout then money will be diverted from Government officials and employees healthcare coverage and other perks.
4.    All interest on Government loans made will be used to create a national healthcare program for the lower and middle class and improve a failing education system in lower income neighborhoods.
5.    A charge will be place on all officials using a car service and this fee will be transferred to the infrastructure of American bridges and highways.
6.    All companies that lobby any government agencies will be required to purchase a lobby license for $10,000 per person, per year.
7.    The President, Senate, Congress, and appointed officials at the state and federal levels will be required to take a 10% pay cut until the financial crisis is solved.
8.    A salary cap of $2 million dollars in monetary or options will be placed on all CEO’s from companies that go bankrupt or search for assistance from the government. This salary cap will follow a CEO from job to job until loans are paid off.
9.     All institutions that hold mortgages on homes and receive bailout money will be subjected to drop all loans or loaned money to house buyers to a 3.3% interest rate until the government loan is paid in full.
10.    There is be a 5% import tax placed on all companies that outsourced jobs overseas which will be used solely to advance the unemployment payouts to the lower and middle classes.
11.    75% of all state lottery money will go directly to individual schools by a random drawing based on need each week and regulated by independent firms on a monthly basis.

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