Reply
Fri 26 Sep, 2008 01:22 pm
Hi Pals,
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve
It Dividend.
To make the math simple, let's assume there are 200,000,000 bonafide U.S.
Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
< BR>A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else
Remember this is for every adult U S Citizen 18+ including the folks who
lost their jobs at Lehman Brothers and every other company that is cutting
back. And of course, for those serving in our Armed Forces.
If we're going to re-distribute wealth let's really do it...instead of
trickling out a puny $1000.00 ( 'vote buy' ) economic incentive that is
being proposed
by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S
Citizen 18+!
As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington
DC
And remember, The Birk plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.
@Bi-Polar Bear,
I want mine in $1's.
When will it be delivered?
If I could, I would give every American citizen a rainbow.
@Bi-Polar Bear,
Bi-Polar Bear wrote:
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.
Er... No.
You're off by three orders of magnitude. You divided 85 billion by 200 thousand.
85 billion divided by 200 million is $425.
@DrewDad,
Itsa good thing Squinney's getting hers in singles, it'll still feel like a lot...
@squinney,
I'm not as picky as squinney; I'll take mine in any US currency denomination except coins worth less than $100.
@Bi-Polar Bear,
BPB, Sent that to congress will ya? They need some lessons in monetary values.
@DrewDad,
Quote:85 billion divided by 200 million is $425.
Yeh, and that's about what they gave us a few months ago as an "economic stimulus". So I guess we're just gonna have to give it back.
What the hell are they thinking up on capital hill? First they take our taxes because they say they need it to run the country. But then they give our taxes back because they want to stimulate the economy (meaning they think it was better off in our pockets right from the start). Now they need to tax us again to save the economy.
Are we allowed to impeach a president and his VP just three months before their end of office?
@DrewDad,
I'm not...the person who came up with this idea is... I forgot to check the math... hell I'd like a gift card to McDonalds...I'm grateful for anything that's real....
@Gargamel,
Gargamel wrote:
If I could, I would give every American citizen a rainbow.
could i have a unicorn instead, please?
@Bi-Polar Bear,
Bi-Polar Bear wrote:
I'm not...the person who came up with this idea is... I forgot to check the math... hell I'd like a gift card to McDonalds...I'm grateful for anything that's real....
yeah. anything but top raman. ate enough of the stuff. yuck.
@DrewDad,
BPB, Don't feel bad; those are values completely ignored by the congress whether $425k or $425. They have no clue as to the value of money.
@squinney,
Quote:I want mine in $1's.
Will it make u all happy with yourself ?
@DontTreadOnMe,
Quote: could i have a unicorn instead, please?
If u run him on the Rainbow
@OmSigDAVID,
Now, why didn't I think of that! LOL