Look what I got in my email today all about the bailout!!!

United States
September 29, 2008 7:29am CST
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 gi ve $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 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. Ahhh...I feel so much better getting that off my chest. Birk So tell me how many people could put a huge payment on thier homes if not pay them off with that kind of check? Pay off all credit cards and bang boom bam we are out of it. This really does make sense when you think about it, but remember the big wigs have to steal our money and give themselves huge bonuses
2 people like this
2 responses
@twoey68 (13627)
• United States
5 Oct 08
This sounds like a great plan...of course it'll never fly b/c it actually benefits the ppl and not the fat cats that have already lined their pockets. Now tell me this, why can the average American figure out a plan like this and yet a whole team of "financial wizards" not only can't find the solution but didn't realize there was a problem to start with? [b]**AT PEACE WITHIN** ~~STAND STRONG IN YOUR BELIEFS~~[/b]
@CatsandDogs (13963)
• United States
30 Sep 08
WOW!! Gee Mee Christmas!! You've made me dizzy just reading your discussion!! LMBO!! If only we could convince the government to do that. Wow!! It WOULD be a huge boost in the economy but the government isn't bright enough to do that. They'll make one excuse after another as to why they can't do such a thing but yet they bring home such huge paychecks and nothing to worry about as far as money is concerned, to the rest of us - too bad, should've choosen this job like they did. They're going to bail these creaps and years down the road it'll happen again and they'll get bailed out again while we sit and watch and . You've got a great point, just wish we'd be heard, wouldn't it be awesome? lol