Bailout

I don't know if this is the place, but I know of no other. The U.S. just handed financial systems a 700 billion dollar bailout. That's 700 billion dollars to the same folks who made the mess.

I checked U.S. population figures (300 million) and found that in 2000 there were 105 thousand households. I am not a mathematician, but my calculator indicates that 106 thousand (adding for 2008, not that it makes a lot of difference) divided into 700 billion equals 6,603,773. That looks to me like 6 million plus to every household. What would that do to the economy?

Or am I just totally wrong somewhere?

Bailout correction

OK, I goofed. There are 106 million, not thousand, households. I misread a comma for a period. Even so, I would welcome 6 thousand dollars, it would help a lot, and put a lot of it back into the mix. If you eliminated the big multimillion dollar mansions and multiple homes per family, the amount would be larger. 6 thousand to me I think would be about equivalent to 6 billion for a bank or savings and loan. Or, how about divvying it up among the foreclosures? (I know, people who fell for sub-prime mortgages are partly responsible, but no more than the banks that dangled them. It's time for a change from trickle down to bubble up.