This evening Tim Cunha will release his proposal for a bottom-up proposal for a resolution of this financial crisis. He is looking for input from the community to build the best bottom up plan. Please email Tim at: TimCunhaForCongress [at] gmail [dot] com
The main idea is to take the $700 billion and instead of giving it to the bankers who got into this mess, give a $2000-3000 stimulus check to every tax payer.
Everyone may use it as he/she sees fit.
There would be an added incentive to reinvest this money into the financial market. Let's make the free market really work for us and reward the companies that are doing well! In order to encourage this reinvestment, any money invested and the returns on that investment will be tax free for five years.
Tim is working out the details now, but this is real bottom-up solution that will help the people who need it most. Anyone have any suggestions? He is looking for input from the community to build the best bottom up plan. Please email Tim at: TimCunhaForCongress [at] gmail [dot] com