My Package is better then your Package

That is what’s going on in congress today, instead of getting the work of the tax payers done they are bickering over whose package is the best. Well when it comes to spending two trillion of our dollars we don’t need the bull. The argument is how to stimulate the economy and yes they want to fix and build bridges, fix highways and schools Bah Bah Bah. But what they have fail to do is fix the housing problem. Well the banks suck and their not going to do it, and I’m beginning to believe congress doesn’t have the guts.

Every simple American knows that if the problem is in housing that the solution is in housing the best and easiest thing the government could do is buy all the bad and suspect housing loans, that mean the government or quote unquote that the tax payer will own these loans. The loans will be off the banks, no more free money. Then the government can negotiate an accepting payment with the home owner, they could do this because they would own the loans. The left over homes can be sold to Americans that want a home at a far cost. I know it’s too much work for the government, well so was the department of homeland security, but it exists. This is a hard problem and it’s going to take a lot to fix it, but it can be done and we didn’t have to bail out the banks to do it. They can bu each bad loan from the bank at lets say 25,000 a home, that mean that the government could buy four homes for a 100,000 dollars. You see greed and the banks are a big part of the problem so now it’s time for them to pay up.. And be part of the solution.

The Government has allowed the banks to run rapid forever now it’s time to make them pay the piper, if the fail they fail if they survive then God bless them, but if the banks get tax payer money, it should come with a cost. At 25000 a house the government could have saved 32 million homes and the banks would have gotten the money anyway only it would have cost them something.

All those genius up on the hill and none of them have any sense. Now you saying why would a bank sale a bad debt for 25000 dollars, because they would be getting something, rather then nothing, and they would write the rest off. Now if they didn’t go for the deal maybe it’s because they didn’t need the money, and in that case they needed to go out of business. Now am I saying that it is that simple? Yes, it’s that simple and it doesn’t take a rocket scientist to see that. Now the big question is who will do all the work, well you can hire all these people that are losing their jobs, I’m quite sure many will work for a far wage, I know I would.

Now that was just the first 800 billion. What would I do with the second 800 billion, well I would keep it away from congress, I would keep it away from the banks, they don’t have a clue, all they will do is argue and hold up progress. I would take the 10 most wealthy Americans and ten middle class and ten poor Americans I would put them in a room and I would let them come up with the ideas. As a matter of fact if you have and Idea as to what to do with the money, a real true Idea I invite you to send it to your public representative or add your comment to my blog. Maybe together we can come up with a better way.

If you want to debate the plan, and have a good Idea feel free to punch holes it my plan so I can fill them, and maybe every time a 1000 people get laid off, maybe a congress person should leave. So that they can really feel the pain so that they act with excellence. But that’s just my opinion. Give the president what he wants, so he can do what he need to do or shut up with the arguments and come up with a better way. But That’s just my opinion.