It's just crazy enough to work!

This floated through my e-mail today. I liked it. Unfortunately, no one in Government would actually do something this sensible.

The Patriotic Retirement Plan:

There are about 40 million people over the age of 50 in the work force today. The Patriotic Retirement Plan would pay each of them $1 million, tax free, with the following stipulations:

1) They immediately leave/retire from or otherwise exit their current jobs. Forty million job openings - Result: Unemployment Fixed.

2) They each buy one NEW American car (GM, Ford or Chrysler - ONLY) and give (i.e.: no money) their current car to a child, relative or a charity. Forty million new American cars ordered and Used Car Market hurt but stable - Result: Auto Industry Fixed.

3) They either buy a house (if they are current renters) OR pay off their Mortgage, Home Equity Lines of Credit and any other Personal Debt (Credit Cards, etc.) with the goal of being totally Debt Free at the end of the day - Result: Housing Crisis AND Personal Financial Distress Fixed.

4) Take what is left and put it into a tax sheltered IRA anunity or similar to provide many years of payments for personal need for the rest of their lives, all tax free from the get go - Result: Retirement Crisis Fixed.

***

This just in: Our local Humane Society is holding a fundraiser tomorrow. They're having a barbecue.

God I love the South.