Create an Account
username: password:
 
  MemeStreams Logo

Alternative to the TARP plan, the TRIP plan

search

skullaria
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

skullaria's topics
Arts
  Fine Arts
  Fiction
  Non-Fiction
  Movies
   Documentary
  Photography
Business
  Tech Industry
  Telecom Industry
  Markets & Investing
Games
Health and Wellness
Home and Garden
  Repair and Improvement
  Parenting
  Pets
Miscellaneous
  Humor
Current Events
  War on Terrorism
  Elections
  Israeli/Palestinian
  North Ireland
Recreation
  Astrology
  Martial Arts
Local Information
  Georgia
   Atlanta
    Atlanta Events
Science
  Astronomy
  Biology
  Environment
  Geology
  Medicine
  Space
Society
  Activism
  Crime
  Education
  Futurism
  International Relations
  History
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
    Surveillance
   Intellectual Property
  Media
   Blogging
  Military
  Philosophy
  Relationships
  Religion
  Security
Sports
Technology
  Computers
   Computer Security
    Cryptography
   Cyber-Culture
   Human Computer Interaction
   Knowledge Management
   Computer Networking
   Linux
   Microsoft Windows
   Perl Programming
   PHP Programming
   Spam
   Web Design
  Military Technology
  High Tech Developments

support us

Get MemeStreams Stuff!


 
Alternative to the TARP plan, the TRIP plan
Topic: Humor 2:12 am EDT, Sep 25, 2008

"nder TARP, US Treasury Secretary Henry Paulson is granted sole authority to dispense $700 billion as he sees fit. Paulson said the money would be used to mainly cover losses incurred by failing financial firms, brokerages, investment banks, leveraged buyout firms, insurance agencies, and any other financial entity deemed "too big to fail."

Under the alternative Trends Research Institute Program (TRIP), $700 billion would not be dispensed at the sole discretion of the Economic Czar. Rather, under TRIP the $700 billion would be distributed equally among the 200,000,000 taxpayers who put the money up.
"TRIP is not a bailout plan, it's a stimulus package," said Celente. "Unlike TARP, which is doomed to fail, our plan provides immediate relief. With TARP all the money goes to a handful of failing institutions with the hope that some trickles down to the working public.

"With TRIP, each taxpayer will directly receive a $3.5 million stimulus check. This will instantly generate economic growth, end the housing crisis, reduce unemployment, eliminate consumer debt and balance the budget.

"There is no time to debate TRIP," warned Celente. "Immediate action must be taken. Inaction or delay risks an economic Armageddon. While Congress is wrangling over how much to pay overpaid CEO's under TARP, TRIP could be instantly written into law, solving the economic woes of our nation." "

Alternative to the TARP plan, the TRIP plan



 
 
Powered By Industrial Memetics
RSS2.0