
Originally Posted by
patriot45
Hey, Moo, my mom just sent me this, its along similar lines,
Hi Everyone,
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 billon 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.
A husband and wife team 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 do the geniuses at AIG or in Washington DC .
Now how about the $700,000,000,000.00 Bail Out??? Let's spread that one
around too!!!!
P.S.: Feel free to pass this along to your pals as it's either good for
a laugh or a tear or a very sobering thought on how to best use $85
Billion!!
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