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gn
Participant[quote=WandGP]Frankly the best idea that I heard of to create jobs was to have never given out any bail-out funds to corporate giants, quasi-governmental entities, or banks. The federal government ONLY needed to give 1-2 million dollars to every individual age 60 + who had not retired yet. With the stipulation that they would retire immediately, invest a portion of their money, and immediately buy an American car or pay off their home. Wow, with over 30+ million American in this category now you have 30 million jobs opened. I know it’s an over-simplified strategy, but it least it gets over the pretense of just giving a damn handout to those that deserve it more than the likes of Bank of America.[/quote]
That’s not a good idea. Here’s why. First, the problem we’re facing:
– The economy has shrunk, therefore, the massive layoffs.
What you are suggesting is:
– Artificially shrink the labor work force by giving the near-retirees incentives to retire early.
This proposed solution may reduce the unemployment rate. But as a nation, we are not producing more, not becoming more wealthy.
The correct solution is to find a way to grow our economy, creating more jobs.
Not to mention that the early retirees will start to utilize Social Security earlier making it worse.
gn
Participant[quote=WandGP]Frankly the best idea that I heard of to create jobs was to have never given out any bail-out funds to corporate giants, quasi-governmental entities, or banks. The federal government ONLY needed to give 1-2 million dollars to every individual age 60 + who had not retired yet. With the stipulation that they would retire immediately, invest a portion of their money, and immediately buy an American car or pay off their home. Wow, with over 30+ million American in this category now you have 30 million jobs opened. I know it’s an over-simplified strategy, but it least it gets over the pretense of just giving a damn handout to those that deserve it more than the likes of Bank of America.[/quote]
That’s not a good idea. Here’s why. First, the problem we’re facing:
– The economy has shrunk, therefore, the massive layoffs.
What you are suggesting is:
– Artificially shrink the labor work force by giving the near-retirees incentives to retire early.
This proposed solution may reduce the unemployment rate. But as a nation, we are not producing more, not becoming more wealthy.
The correct solution is to find a way to grow our economy, creating more jobs.
Not to mention that the early retirees will start to utilize Social Security earlier making it worse.
gn
Participant[quote=WandGP]Frankly the best idea that I heard of to create jobs was to have never given out any bail-out funds to corporate giants, quasi-governmental entities, or banks. The federal government ONLY needed to give 1-2 million dollars to every individual age 60 + who had not retired yet. With the stipulation that they would retire immediately, invest a portion of their money, and immediately buy an American car or pay off their home. Wow, with over 30+ million American in this category now you have 30 million jobs opened. I know it’s an over-simplified strategy, but it least it gets over the pretense of just giving a damn handout to those that deserve it more than the likes of Bank of America.[/quote]
That’s not a good idea. Here’s why. First, the problem we’re facing:
– The economy has shrunk, therefore, the massive layoffs.
What you are suggesting is:
– Artificially shrink the labor work force by giving the near-retirees incentives to retire early.
This proposed solution may reduce the unemployment rate. But as a nation, we are not producing more, not becoming more wealthy.
The correct solution is to find a way to grow our economy, creating more jobs.
Not to mention that the early retirees will start to utilize Social Security earlier making it worse.
gn
Participant[quote=WandGP]Frankly the best idea that I heard of to create jobs was to have never given out any bail-out funds to corporate giants, quasi-governmental entities, or banks. The federal government ONLY needed to give 1-2 million dollars to every individual age 60 + who had not retired yet. With the stipulation that they would retire immediately, invest a portion of their money, and immediately buy an American car or pay off their home. Wow, with over 30+ million American in this category now you have 30 million jobs opened. I know it’s an over-simplified strategy, but it least it gets over the pretense of just giving a damn handout to those that deserve it more than the likes of Bank of America.[/quote]
That’s not a good idea. Here’s why. First, the problem we’re facing:
– The economy has shrunk, therefore, the massive layoffs.
What you are suggesting is:
– Artificially shrink the labor work force by giving the near-retirees incentives to retire early.
This proposed solution may reduce the unemployment rate. But as a nation, we are not producing more, not becoming more wealthy.
The correct solution is to find a way to grow our economy, creating more jobs.
Not to mention that the early retirees will start to utilize Social Security earlier making it worse.
December 16, 2009 at 12:47 PM in reply to: More on Wells Fargo reducing loan balances and modifying option ARMS in mass quantities #494671gn
Participant[quote=ctr70]working directly with Realtors to call their client base and offer a fully pre-approved short sale with no promissory notes, etc…[/quote]
Can someone explains what this mean ?
Does this mean that the lender sets a pre-approved sale price & if there is an offer at the price, then it’s accepted quickly ?December 16, 2009 at 12:47 PM in reply to: More on Wells Fargo reducing loan balances and modifying option ARMS in mass quantities #494829gn
Participant[quote=ctr70]working directly with Realtors to call their client base and offer a fully pre-approved short sale with no promissory notes, etc…[/quote]
Can someone explains what this mean ?
Does this mean that the lender sets a pre-approved sale price & if there is an offer at the price, then it’s accepted quickly ?December 16, 2009 at 12:47 PM in reply to: More on Wells Fargo reducing loan balances and modifying option ARMS in mass quantities #495215gn
Participant[quote=ctr70]working directly with Realtors to call their client base and offer a fully pre-approved short sale with no promissory notes, etc…[/quote]
Can someone explains what this mean ?
Does this mean that the lender sets a pre-approved sale price & if there is an offer at the price, then it’s accepted quickly ?December 16, 2009 at 12:47 PM in reply to: More on Wells Fargo reducing loan balances and modifying option ARMS in mass quantities #495300gn
Participant[quote=ctr70]working directly with Realtors to call their client base and offer a fully pre-approved short sale with no promissory notes, etc…[/quote]
Can someone explains what this mean ?
Does this mean that the lender sets a pre-approved sale price & if there is an offer at the price, then it’s accepted quickly ?December 16, 2009 at 12:47 PM in reply to: More on Wells Fargo reducing loan balances and modifying option ARMS in mass quantities #495542gn
Participant[quote=ctr70]working directly with Realtors to call their client base and offer a fully pre-approved short sale with no promissory notes, etc…[/quote]
Can someone explains what this mean ?
Does this mean that the lender sets a pre-approved sale price & if there is an offer at the price, then it’s accepted quickly ?gn
ParticipantAgree. The amount of money to be spend on the home audit & the general contractor might just negage much of the savings/rebate.
gn
ParticipantAgree. The amount of money to be spend on the home audit & the general contractor might just negage much of the savings/rebate.
gn
ParticipantAgree. The amount of money to be spend on the home audit & the general contractor might just negage much of the savings/rebate.
gn
ParticipantAgree. The amount of money to be spend on the home audit & the general contractor might just negage much of the savings/rebate.
gn
ParticipantAgree. The amount of money to be spend on the home audit & the general contractor might just negage much of the savings/rebate.
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