Post Election Bailout – American Economic Recovery Operation

Editors note: this plan was conceived while trying to imagine the possible changes that could occur under a new administration, based on the past speeches given by Barrack Obama. For some, this may bring great joy. For others, great dread. Either way, it is time to start visualizing the kinds of change that would be possible, if not downright inevitable.

If America is truly willing to embrace change, then the following post-election bailout plan is sure to be the answer to solve many of today’s current issues. If put into effect, these new solutions will solve many of the long-standing problems we have encountered in implementing our Great Society. Below is a discussion how the plan will work.

Guided by the Social Security Administration’s mandate to provide true social security, every American will be given access to pension, health care, food, and shelter. One of the first pressing needs is to provide shelter and day-to-day credit to buy food. The first stage of the American Economic Recovery Operation does just that. Under this plan, shortly after the election, the banks will be directed to issue to every adult 100,000 Ameros, a new currency, for the limited purpose of home financing and payment of outstanding credit card interest. The Amero will be given a fixed exchange rate of one Amero to one Euro for a guaranteed period of five years.

Since the banks are now controlled by the government, implementation will be mandated and swiftly accomplished. A couple with $5000 in credit card interest debt and a $100,000 mortgage will be allowed to pay off that mortgage, the $5000 credit card interest debt and still have perhaps 95,000 Ameros to save for future home upgrades and future credit card interest payments. The banks will be required to accept Ameros in lieu of mortgage payments, mortgage payoffs, and credit card interest payments. In return, the banks can use accumulated Ameros towards their reserve calculations.

Later, the Ameros will be usable for purchase of universal health care, once a nationalized universal health care system is established. Every person under the age of 18 will be allowed to pay for healthcare using Ameros.

In this way, the Great Society dream of providing everyone with their own home, their own shelter, may finally be realized. Yes, under a new Democratic Congress and Administration, ideas such as this one are now readily plausible, if not outright practical. Perhaps more than plausible or practical, perhaps actually a part of the mandate for change.

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