Thread: Clinton: 5K for Every Baby born in the US

Can we say fruit basket?

Not only would we have breedmares from Mexico stampeding our borders, they'd come from as far away as Mars to deliver their anchors.

Clinton: $5,000 for Every U.S. Baby
By DEVLIN BARRETT | Associated Press Writer
12:16 PM CDT, September 28, 2007
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Digg Del.icio.us Facebook Furl Google Newsvine Reddit Spurl Yahoo Print Single page view Reprints Reader feedback Text size: WASHINGTON - Democratic presidential candidate Hillary Rodham Clinton said Friday that every child born in the United States should get a $5,000 "baby bond" from the government to help pay for future costs of college or buying a home.

Clinton, her party's front-runner in the 2008 race, made the suggestion during a forum hosted by the Congressional Black Caucus.

"I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that downpayment on their first home," she said.

The New York senator did not offer any estimate of the total cost of such a program or how she would pay for it. Approximately 4 million babies are born each year in the United States.
Clinton said such an account program would help Americans get back to the tradition of savings that she remembers as a child, and has become harder to accomplish in the face of rising college and housing costs.

She argued that wealthy people "get to have all kinds of tax incentives to save, but most people can't afford to do that."

The proposal was met with enthusiastic applause at an event aimed to encourage young people to excel and engage in politics.

"I think it's a wonderful idea," said Rep. Stephanie Stubbs Jones, an Ohio Democrat who attended the event and has already endorsed Clinton. "Every child born in the United States today owes $27,000 on the national debt, why not let them come get $5,000 to grow until their 18?"

Britain launched a similar program in January 2005, handing out vouchers worth hundreds of dollars each to parents with children born after Sept. 1, 2002.

Earlier this month, Time magazine proposed a $5,000 baby bond program.

http://www.chicagotribune.com/news/nati ... b01_layout

"I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that downpayment on their first home," she said.

Didn't a house fall on this ones sister?

NO ! People should responsibly save and invest their OWN money.

OMG, what a socialist!

Anyone that holds American values in high regard would be completely bonkers to vote for this lady in 2008! Drive, determination, and hard work is how Americans are supposed to get ahead - not through governmental handouts!

Please keep this lady away from my children, far away!

Who in GODS name is giving this woman advice! Is there that many poor Americans out there that vote, she has to be catering to their vote!

Originally Posted by WhatMattersMost

The New York senator did not offer any estimate of the total cost of such a program or how she would pay for it. Approximately 4 million babies are born each year in the United States.

Why, the U.S. Taxpayers will pay for it of course. Who else?

Let's see... approximately 4 million babies born each year in the United States. That's $5,000 x 4,000,000. That's $20,000,000,000 per year. And does that total include all the children of Illegal Aliens? If not, then the price goes higher.

Always remember that Hillary cares... for everyone but the U.S. Taxpaying Citizen. She's only concerned about what she can take from the taxpayers.

"I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that downpayment on their first home," she said.

WHAT A NUT! If she wants to offer her own personal gift of 5,000 for every baby born in America, then she should go right ahead. She just keeps getting loonier each day.

Well, let her keep talking. The more we learn the more she may ruin her chances.

She'll cram universal health care down our throats too if allowed.

Most people do now want to go down this socialism road!

People need to take responsibility for themselves!!!

I just have to give birth to 100 more kids and I can get a house lolol