a bailout of 35, 000 per tax payer would allow buisinesses to not have to worry about raises for at least a few years, and extra money from a bailout's inflation causing, would go dirrectly into the economy, i'd bet that over 100,000 partnerships in small buisiness deals would happen in a week. that means taxes ant compitition and stimulous...these people are not crazy for throwing money away, they are sociopathic.
Sounds like a plan to me! I'd be totally out of debt & even able to afford to stimulate the economy by buying things currently on-hold until my fnancial situation improves w/$35k.
BO & Bush should've given the cash to main St. instead of Wall St. We're much more in control & much wiser spenders.
down payment? i could buy a whole car with $35,000!! great point made, bob! obama could not possibly have had time to think of that--he was in such a hurry to get the bill passed, nobody even read it!
I would not feel right taking 35,000 dollars from my grandchildren and spending it on myself. I suppose that I could spend it on 35,000 dollars worth of American made guns, and then pass them on to my Grandchildren in my will.
Well, uh, ya see, uh, if y'all just got the bailout money before, uh, you know, the government did, uh..then , uh, you'd have umm.. ten more, , ummm, no, you'd have, uh, blah, blah, blah...
The only problem with everyone getting $35,000 would be everyone jacking up their prices. Just imagine dollar "Dollar Store" changing its name to "The $35,000 Store".
Allocating the money differently than the 'Recovery Act' wouldn't expand the money supply any differently than the Obama-Pelosi-Reid plan. Ergo, the same volume of money would be chasing goods, and the inflation rate shouldn't differ much more (the velocity of money would surely change, but the effect wouldn't be catastrophic).
The Bob Parks plan is similar to a proposal by Charles Murray, and is better than direct central planning.
I wasn't really being too serious about that, and was also referencing an episode of Futurama where everyone got $300 or $500 from the government, and you can see a dollar store changing itself to the amount people got.
You're right -- that this would be a temporary boost -- people would go out & buy Chinese big-screen TVs, eat at fancier restaurants, whatever.
But would they feel happy if they got $35K & their 401 went down $65K?
Barack isn't looking for a short-term fix but hoping for something more lasting - like jobs in the energy field that'll be here in 20+ years, like new schools that''ll be in 20+ years.
What do you base the downing of 401ks if the banks became solvent? It's the current state of the financial markets that have caused the drop. Makes no sense.
Energy jobs need to be subsidized. You want to pay for it? New schools? Try better teachers first.
Really? Then whats medicaide? Welfare? Foodstamps? Is that not the government helping pay peoples bills?
Idiot.
And why shouldnt they? The president and all his democrat friends scream HEALTHCARE COST IS TOO HIGH HEALTHCARE COST IS TOO HIGH. But when a legal citizen needs help they say "Sorry we have too many people on it"
Meaning illegal aliens are eating up all the resources.
Just wait for socialized medicine and cry "THE STANDARD OF CARE SUCKS!!!!!"
I've been in socialized healthcare for over 19 years and it is slow and overburdened.
Medicare, welfare, and foodstamps are welfare but were not meant to be permanent. Of course you have people who love to just sit around and collect it.
Hard working people would be ashamed to stay on it any longer than needed.
If having an opinion makes me an idiot then so be it.
No shit sherlock. Im not advocating for socialized medicine. What I am complaining about is that, me, a citizen is/was in need of help. But they wont. No, they care more about some illegal alien that doesn't belong here.
obama is the front man for goldman and sachs, who is calling all the shots. THE FEDERAL RESERVE is behind all of the cycle of growth and contraction, taking homes and businesses call your PROSTITICIANS AND DEMAND THEY PASS
HR1207 FED RESERVE TRANSPARENCY ACT
S604 FED RESERVE SUNSHINE ACT
BY 04 JULY, OR HAVE THEIR ASSES THROWN OUT!
DO NOT SPEND ANOTHER DIME OF OUR MONEY UNTIL THE FED IS AUDITED
I saw a similar article in the campus newspaper. The writer suggested that the stimulus bill be divided up amongst all college students, who would strengthen financial institutions by paying their loans, and buying tons of american beer and pizza lol
When did the homeless pay taxes. I'm sorry everything else sounds alright but the homeless are homeless for many reasons. And would this money truely go into paying off debt. More than likely you would be right about people buying more cars and thus getting themselves into more debt. I disaggree with handing money over to people who have used it porely in the past but as far as using it goes period we should invest it all into the sciences. It would increase creativity and build jobs.
Some homeless do pay taxes. Like you said, the homeless are homeless for many reasons. Also, simply investing in the sciences doesn't increase creativity and build jobs. Creativity doesn't come from money. Where money plays a role in science, is to finance experiments and tests based on existing "creativity". But not all experiments and tests are good investments. No matter where we "invest", we are still increasing our debt and inflation.
This is too simple, but it would have worked beautifully.... However Barney Frank and Harry Reid and Nancy Pelosi know how to spend money much better than I do!
You don't understand basic math, do you?
Are you stupid or do you just assume that other people are?
jcapatelli 1 year ago
a bailout of 35, 000 per tax payer would allow buisinesses to not have to worry about raises for at least a few years, and extra money from a bailout's inflation causing, would go dirrectly into the economy, i'd bet that over 100,000 partnerships in small buisiness deals would happen in a week. that means taxes ant compitition and stimulous...these people are not crazy for throwing money away, they are sociopathic.
Idolcruisefix 2 years ago
"our"government says it has created 600,000 jobs at a cost of only $323,000 per job. . . .it is a junkie, feeding off of us.
wolfgangfaust 2 years ago
Sounds like a plan to me! I'd be totally out of debt & even able to afford to stimulate the economy by buying things currently on-hold until my fnancial situation improves w/$35k.
BO & Bush should've given the cash to main St. instead of Wall St. We're much more in control & much wiser spenders.
katseye888 2 years ago
He tells it like it is not how he wants it to be. Keep up the good work!!!!
itrod123 2 years ago 4
down payment? i could buy a whole car with $35,000!! great point made, bob! obama could not possibly have had time to think of that--he was in such a hurry to get the bill passed, nobody even read it!
kswan47252 2 years ago 2
Love Kraftwerk man!!
Deleanredtiger 2 years ago
Give this guy his own TV show, more people need to hear this.
CultureKill 2 years ago 6
Absolutly correct sir! We are being FLEECED, ripped off & lied to by America's Hugo Chavez!
flyboymd82 2 years ago 3
Good work.
Atreus21 2 years ago 6
5 stars good sir, keep on spilling the truth!
JDBW 2 years ago 4
I would not feel right taking 35,000 dollars from my grandchildren and spending it on myself. I suppose that I could spend it on 35,000 dollars worth of American made guns, and then pass them on to my Grandchildren in my will.
jbranstetter04 2 years ago 2
Well, uh, ya see, uh, if y'all just got the bailout money before, uh, you know, the government did, uh..then , uh, you'd have umm.. ten more, , ummm, no, you'd have, uh, blah, blah, blah...
Exasperating isn't he?
scflyer55 2 years ago
BTW -- Thanks again, Mr Parks.
LOYAL FANS! :D
Serafinos 2 years ago
Still waiting for our "bailout' Ogodfather promised when he ran for his throne!
Our Grandchildrens lives will NEVER have a chance like we did. SAD!
Serafinos 2 years ago
I would rather see citizens getting it than Wall Street and lobbyists. Talk about trickle down economics, Dems seem to be the biggest proponents.
bertly71 2 years ago
I've heard that argument several times, and it seems we're beginning to forget how the free market works, thank you Mr. President.
If no one went to the $35,000 store, it wouldn't take long for it to revert back to its old name.
BlackAndRight 2 years ago
The only problem with everyone getting $35,000 would be everyone jacking up their prices. Just imagine dollar "Dollar Store" changing its name to "The $35,000 Store".
ubaCuba 2 years ago
Allocating the money differently than the 'Recovery Act' wouldn't expand the money supply any differently than the Obama-Pelosi-Reid plan. Ergo, the same volume of money would be chasing goods, and the inflation rate shouldn't differ much more (the velocity of money would surely change, but the effect wouldn't be catastrophic).
The Bob Parks plan is similar to a proposal by Charles Murray, and is better than direct central planning.
ACPUSA 2 years ago
I wasn't really being too serious about that, and was also referencing an episode of Futurama where everyone got $300 or $500 from the government, and you can see a dollar store changing itself to the amount people got.
ubaCuba 2 years ago
I must have missed that one, and I even have a 'Futurama' box set.
ACPUSA 2 years ago
You're right -- that this would be a temporary boost -- people would go out & buy Chinese big-screen TVs, eat at fancier restaurants, whatever.
But would they feel happy if they got $35K & their 401 went down $65K?
Barack isn't looking for a short-term fix but hoping for something more lasting - like jobs in the energy field that'll be here in 20+ years, like new schools that''ll be in 20+ years.
Two different approaches - advantages to each.
DillonX 2 years ago
What do you base the downing of 401ks if the banks became solvent? It's the current state of the financial markets that have caused the drop. Makes no sense.
Energy jobs need to be subsidized. You want to pay for it? New schools? Try better teachers first.
BlackAndRight 2 years ago
you're right. and these numbers will now haunt us for a very long time.
kswan47252 2 years ago
Shit, give me back 35 000$ and my 5000$ debt is gone, plus I'm off to opening my own business!
Forget rent, I'm opening a business! I'd create jobs, man!
But what do I know...
Oh, and YOUR congressman supported these bailouts. YOU voted for them all.
5 stars.
redcollargedeon 2 years ago
With 35k
I could have paid off my medical bills.......which the OH SO KIND government wouldn't help me with.
girzwald3 2 years ago
It is not the government's job to pay YOUR bills.
w3tua 2 years ago 2
Really? Then whats medicaide? Welfare? Foodstamps? Is that not the government helping pay peoples bills?
Idiot.
And why shouldnt they? The president and all his democrat friends scream HEALTHCARE COST IS TOO HIGH HEALTHCARE COST IS TOO HIGH. But when a legal citizen needs help they say "Sorry we have too many people on it"
Meaning illegal aliens are eating up all the resources.
girzwald3 2 years ago
Just wait for socialized medicine and cry "THE STANDARD OF CARE SUCKS!!!!!"
I've been in socialized healthcare for over 19 years and it is slow and overburdened.
Medicare, welfare, and foodstamps are welfare but were not meant to be permanent. Of course you have people who love to just sit around and collect it.
Hard working people would be ashamed to stay on it any longer than needed.
If having an opinion makes me an idiot then so be it.
w3tua 2 years ago 6
No shit sherlock. Im not advocating for socialized medicine. What I am complaining about is that, me, a citizen is/was in need of help. But they wont. No, they care more about some illegal alien that doesn't belong here.
girzwald3 2 years ago
Actually, my whole life I've had to use socialised healthcare. It's sweet.
Erandir03 2 years ago
Thank you Bob! (I've been saying the same thing for months!!!)
huttwigley 2 years ago
great points here!
jbbremerton 2 years ago
obama is the front man for goldman and sachs, who is calling all the shots. THE FEDERAL RESERVE is behind all of the cycle of growth and contraction, taking homes and businesses call your PROSTITICIANS AND DEMAND THEY PASS
HR1207 FED RESERVE TRANSPARENCY ACT
S604 FED RESERVE SUNSHINE ACT
BY 04 JULY, OR HAVE THEIR ASSES THROWN OUT!
DO NOT SPEND ANOTHER DIME OF OUR MONEY UNTIL THE FED IS AUDITED
wolfgangfaust 2 years ago
awesome!!
Groudie101 2 years ago
Nice Bob!
TheTallestTree 2 years ago
5 *****
BuckFarack 2 years ago
Another great video Bob
TheBiceAge 2 years ago
I saw a similar article in the campus newspaper. The writer suggested that the stimulus bill be divided up amongst all college students, who would strengthen financial institutions by paying their loans, and buying tons of american beer and pizza lol
aggiefitz 2 years ago
When did the homeless pay taxes. I'm sorry everything else sounds alright but the homeless are homeless for many reasons. And would this money truely go into paying off debt. More than likely you would be right about people buying more cars and thus getting themselves into more debt. I disaggree with handing money over to people who have used it porely in the past but as far as using it goes period we should invest it all into the sciences. It would increase creativity and build jobs.
zerofitz 2 years ago
Some homeless do pay taxes. Like you said, the homeless are homeless for many reasons. Also, simply investing in the sciences doesn't increase creativity and build jobs. Creativity doesn't come from money. Where money plays a role in science, is to finance experiments and tests based on existing "creativity". But not all experiments and tests are good investments. No matter where we "invest", we are still increasing our debt and inflation.
TracyII77 2 years ago
You are absolutely right! I love your videos. This one goes in my favorites.
bookhound63 2 years ago 2
This is too simple, but it would have worked beautifully.... However Barney Frank and Harry Reid and Nancy Pelosi know how to spend money much better than I do!
souixz 2 years ago 3