I say it is time for the trickle up economic plan. It's very easy. Since the government wants to bail out someone I say it should be the American people.

First we pay off everyones credit card balance as of October 1st 2008. That free's up consumers to spend and gives the banks more money to loan out. Anything you have charged after that date you still owe and hopefully learned your lesson.

Then we take all of the balloon mortagages and put them at a fixed rate of 6 or 7%. We don't change what a person bought their home for but hopefully they will be able to afford their monthly payment even if we have to give them a 40 year fixed.

That's it.

It won't help everyone I'm sure and doesn't do anything for people like me that have made smart decisions but I'd rather see it go to the people instead of banks and wall street