www.ustream.tv/recorded/16850277
I mentioned David Kay Johnston's estimate that 1/3 Americans earn under $16,000/year because it would be good stimulus to give each of them $12,000/year either monthly or lump sum tax-free. $1,200,000,000,000 ($1.2T) sounds like a lot, so let the Federal Reserve handle it since they have no problem loaning $9T without explanation. Let the money come with some Personal Finance 101 information so most of it does not go to lotteries, casinos, or shop-at-home products. At least the poor and working poor will not hoard it like banks in the 1920's or gamble it like in the 80's and the 2000's. I will talk later about how the two Bushes' wars in Iraq bookend 9/11 in the worst way. www.9-11commission.gov
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