Saturday, September 20, 2008

I Want My Share!!

As the owners and investors in this country, we have had the (mis)fortune of watching our brokers [our elected and appointed officials] purchase several companies for us in the past few weeks. Using our investment capital [the tax dollars we all pay], we have now invested in companies like Bear-Stearns, Fannie Mae, Freddie Mac, and AIG. The big buzz among the talking heads is whether or not using our tax dollars was a good idea. Even the experts, who got us into this mess, are not sure whether this is a viable solution to get us out. That’s why they are called experts, they have no clue. In other words the new expert is yesterday’s idiot.

Now, in order that we the tax payer do not wind up getting hosed for all these billions and billions of dollars, I believe the solution is quite simple. Since we as taxpayers have invested (“bailed out” is the buzz) in these companies, we have now become shareholders. Therefore, every American whose pays taxes in 2008 should receive stock certificates for their share of the investment from our brokerage [the U.S. Government].

It probably sounds way too unsophisticated. If you pay taxes, you get shares in the companies that our government has purchased. To those who say it is inane, I say that you can take your economic prowess elsewhere – perhaps Iran or Russia. The reason we have this mayhem is because we strayed away from simplicity. Beside I want my share of my investment.

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