Dear Editor
Oct 31, 2008 | 216 views | 0 0 comments | 3 3 recommendations | email to a friend | print
I know that I am not the only person devastated by the fact that our government now owns such a big stake in our banking industry. I looked at some census statistics and found that there are only about 150,000,000 tax returns filed. I believe that some financial genius should be able to come up with a way to disperse to the U.S. taxpayers, $1.00, $2.00 , $3.00 shares of stock in all the banks or businesses that take the bailout money. At least we would avoid having government owned businesses. I realize most of us wouldn't know what to do with them, and wouldn't likely ever profit from them, but at least we could say we are still a free market, capitalistic enterprise system. Taxpayers could say they got something for a $700,000,000 payout.

I just am hoping that someone may be able to take this thought and put it into some format that would make sense and be marketable. After all, it was our tax dollars that paid this bill. Instead of sending stimulus money the government doesn't have, send us stock in companies that are worthless and backed up by bogus or borrowed money. Why?

Katherine Davis
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