Plan to Save American Taxpayers $200 Billion

Start with only 500 billion instead of funding a 700 billion dollar bailout. Take 250 billion and divide it among the most responsible banks and financial institutions that did not mismanage their business and cause this crisis by gambling on risky investment strategies. That should put the responsible lenders in the position to keep credit flowing to responsible businesses and borrowers. Then take the other half and send an equal check to every homeowner who has an owner occupied residential mortgage on their primary residence that is paid as agreed. This should be over $ 10,000 each. They can save it, spend it or invest it as they choose, which will stimulate the economy and further shore up financial institutions by increasing deposits. All without giving a penny of taxpayer funds to the crooks and clowns that created this crisis, which would simply reward bad behavior.