pam Posted September 27, 2008 Report Posted September 27, 2008 I got this in an email this morning. Makes total sense to me. Disclaimer: This is NOT my opinion of course.I LOVE THIS PROPOSAL !!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 ina We Deserve It Dividend.To make the math simple, lets assume there are 200,000,000bonafide adults in the U.S. Our population is about 301,000,000 +/- counting every man, womanand 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 aWe Deserve It Dividend.Of course, it would NOT be tax free.So lets 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.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 gradsPut away money for college – it'll be thereSave in a bank – create money to loan to entrepreneurs.Buy a new car – create jobsInvest in the market – capital drives growthPay for your parents medical insurance – health care improvesEnable Deadbeat Dads to come clean – or elseRemember this is for every adult U S Citizen 18+ including the folksWho lost their jobs at Lehman Brothers and every other companythat is cutting back. And of course, for those serving in our Armed Forces.If we’re going to redistribute wealth lets really do it...instead of trickling outa puny $1000.00 ( “vote buy” ) economic incentive.If we’re going to do an $85 billion bailout, let’s bail out every a dult 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 BillionWe Deserve It Dividend more than 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 returnedinstantly in taxes to Uncle Sam.Ahhh...I feel so much better getting that off my chest. Quote
Jenamarie Posted September 27, 2008 Report Posted September 27, 2008 Pssst. 85,000,000,000 divided by 200,000,000 is only $425.So enjoy your doll house. Quote
pam Posted September 27, 2008 Author Report Posted September 27, 2008 Did you have to spoil our fun? lol Quote
Jenamarie Posted September 27, 2008 Report Posted September 27, 2008 Did you have to spoil our fun? lolWell, it'll be one tricked out doll house! Quote
pam Posted September 27, 2008 Author Report Posted September 27, 2008 Well, it'll be one tricked out doll house! hahaha so true Quote
Jenamarie Posted September 27, 2008 Report Posted September 27, 2008 I'll think I'll buy a Barbie Malibu Beach House that has a REAL elevator! Quote
Maedoc Posted September 27, 2008 Report Posted September 27, 2008 Pssst. 85,000,000,000 divided by 200,000,000 is only $425.So enjoy your doll house. Hopefully we all learned that we need to check our math before we send out chain letters! Quote
pam Posted September 28, 2008 Author Report Posted September 28, 2008 Let's just pretend the math is correct. Now does it sound like a good idea? hahaha Quote
lilered Posted September 28, 2008 Report Posted September 28, 2008 It's only paper money anyway so why can't the amount be what we want it to be. It works for our government leaders doesn't it? Quote
Captain_Curmudgeon Posted September 28, 2008 Report Posted September 28, 2008 Don't forget that $425 is what YOU are going to have to pay to the government, sooner or later, to help out Wall Street. Your little bit to help out CEOs making $20,000,000 a year to run the ship on the rocks. Do you make $4,000 an hour? They do. Takes them six minutes or so to earn their $425. How long does it take you to earn your $425? Quote
pam Posted September 28, 2008 Author Report Posted September 28, 2008 Don't forget that $425 is what YOU are going to have to pay to the government, sooner or later, to help out Wall Street. Your little bit to help out CEOs making $20,000,000 a year to run the ship on the rocks.Do you make $4,000 an hour? They do. Takes them six minutes or so to earn their $425. How long does it take you to earn your $425? Oh about a year and that's on a good year. Quote
rameumptom Posted September 29, 2008 Report Posted September 29, 2008 Can't the government just play the financial shell game some more and give everyone half a million dollars anyway? Quote
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