Not that I'm arguing with ya, but taxes are going to 75% (if you make 50K or more!) anyways.
Just think how much $$ they can raise.... all assets taxed (house, car, boat, guitar, jewelry etc etc.)
Fun!
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A Modest Proposal-- Feds Pay Off Mortgages
- Thread starter marketsurfer
- Start date
Just think how much $$ they can raise.... all assets taxed (house, car, boat, guitar, jewelry etc etc.)
Fun!
Damn Surf, I only proposed taking all existing mortgages and allowing the homeowners to refi through the FED at 30 yr, 1% fixed.
Quote from atticus:
Dumbest thread ever. My brother is worth ~$50MM and has a 1MM primary on one of his 6 homes. He uses the funds to speculate in the futures markets. You're suggesting he receive a bailout?
As has been suggested; the EUR/USD would open at 2.00.
If your bro is worth 50mm I will blow you in Yankee stadium on the pitchers mound in front of a sellout crowd.
My bro is worth 500mm so there!
We're headed for a depression.
I've never been more convinced. I never thought I'd see it in my lifetime.
I've never been more convinced. I never thought I'd see it in my lifetime.
Quote from atticus:
Dumbest thread ever. My brother is worth ~$50MM and has a 1MM primary on one of his 6 homes. He uses the funds to speculate in the futures markets. You're suggesting he receive a bailout?
As has been suggested; the EUR/USD would open at 2.00.
what would the long term effect by of the eur/usd opening at 2.00?
why not, what the big deal about your brother in law getting a bailout his million paid off or forgiven? my ex brother in law is worth more than that,who cares, there shouldnt be any discrimination....
surf
Quote from StockBagger:
If your bro is worth 50mm I will blow you in Yankee stadium on the pitchers mound in front of a sellout crowd.
My bro is worth 500mm so there!
Pucker up, he was worth one billion USD during the bubble
Now, back to the topic. The problem with absolution is that it helps the rich as well, who are relatively unaffected, and any bailout will not impact spending by the rich.
Wiping revolving/unsecured debt of <$50k would go a long way, providing those accounts were closed at zero-balance.