It´s a great idea - in fact I got this email from a friend last week!
Subject: How to fix the financial crisis
how to fix the financial crisis - fast and painless!
Dear Mr. Brown:
Please find below my suggestion for fixing the British economy.
Instead of giving billions to Banks that will squander the money on lavish parties and unearned bonuses, use the following plan.
You can call it the Patriotic Retirement Plan:
There are about 10 million people over 50 in the work force.
Pay them £1 million apiece severance for early retirement with the following stipulations:
1) They MUST retire. 10 million job openings - Unemployment fixed.
2) They MUST buy a new CAR. 10 million cars ordered - Auto Industry fixed.
3) They MUST either buy a house or pay off their mortgage - Housing Crisis fixed.
It can´t get any easier than that!
If more money is needed, then get all members of Parliament and their mates to pay their proper taxes...
....so USA have obviously stolen the idea from us Brits!