Somebody see if they can send this to Bush, McCain, and Barack
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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 adults in the U.S.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at legal 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 also 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 grads. Put20away 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...
Rememb er 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 $1,000.00 ("vote buy") economic incentive.
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 reall y costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh...I feel so much better getting that off my chest.
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:confused:
:wo:
:yoyo: Bill for president!! :yoyo:
Hey Bill
Your math don't work. :biggrin:
http://www.finsandfur.net/forums/index.php?topic=6694.0
I seen that after I posted it
Yeah, even dividing it in your head shows you it is $425.00 each which might keep your gas tank full for a month if you are lucky.
$600/month to run my 1/2 ton Silverado for work. :shrug:
I get 8-10 mpg :rolleye: They dont make a beater truck that runs on electric :nono:
Boy am I glad I went to school when there was lead paint & asbestos in them. Apparently this guy learned math from a "new clean"school. :rolleye: