So if this bailout cost $700 billion, and in 2006 there was an estimated 136 million federal tax returned filed, less 43.4 million with no tax liability (or get a refund). For the remaining 92.6 million returns each taxpayer would have put in $7,559.40 for the financial bailout. If you just divide it by the total number of all Americans (301 million) it comes to $2,325.58 per person.
How do we get that money back?
Here's what I say, with all the new credit that's been made available by the new bill, lets take out some credit cards and purchase $7,559.40 in gold coins with them.
And that's it...pretty easy huh?
Get in on the action now, because as people start buying the gold coins the price will go up. This is how inflation works. Generally the banks get to take advantage of the new money before it inflates, but now is your chance!
If your thinking "Gee, I probably can't afford to make payments on $7,559.40". Well that's ok, do your best, if you start running out of money because bread cost $15.00 a loaf for some reason don't worry about the credit card company, the government will bail them out. They really can't afford for the credit card companies to fail. It really is a win/win for everyone. Especially considering that when the government has to step in to bail out the credit card company you didn't pay (again) that will cause even more inflation and will in turn make your gold coins even more valuable!
Here's a link to get you started:
Friday, October 3, 2008
How to get your money back.
"The only Platinum card that pays in GOLD!"
Posted by fiodax at 1:22 PM
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3 comments:
Don't even think about taking your own advice and getting a credit card! But I agree about investing in gold coins.
Love,
Your Wife
Hey Dax and family. I stumble on you blog not to long ago when searching to see if Jebb Stewart was still in action.
Good advise on the recomendation to put a few ounces of gold on the charge card. I also think I'll go petition my boss for that raise now that the bailout bill passed. Sounds like a win-win.
Good to hear from you. Its been quite some time. Take care.
Brian K.
Katterhenry! What's up?
Jebb Stewart are not an active band any more, but we do occasionally regroup for some mild meyhem, hehe.
We'll be playing in Fairview at the Royal on my birthday, November 1st. I'm guessing most everybody will be dressed up like ghouls, but it should be fun anyway.
I don't want to hijack Dax's blog here, but I will anyway. You can see some of my new (and old) material at myspace.com/rickhudsonmusic
It's good to hear from you. Tell Phoebe I said hello.
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