Topic: Bailout~Worth the read
auburngirl's photo
Wed 10/01/08 10:57 PM
Got this in an email. Sounds like THIS would work!!!


Why is this guy not running for President? He has the best plan (the
only plan) I've seen explained in a long while. :)

Subject: Against AIG bailout - read this
I'm against the $85 BILLION 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 bona fide U.S.
citizens, aged 18+.

Our population is about 301 million counting every man, woman and child.
So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide
200 million, 18+ adults into $85 billion - that equals $425,000.00 each!
Yes, my plan is to give that $425,000 to every adult as a 'We Deserve
It' dividend.

Of course, it would NOT be tax free. So, let's assume a tax rate of
30%. Everyone would pay $127,500.00 in taxes. That sends $25.5 billion
right back to Uncle Sam! It also means that every adult 18+ has
$297,500.00 in their pocket. A husband and wife would have $595,000.00!
What would you do with $297,500.00 to $595,000.00?
* Pay off your mortgage - housing crisis solved.
* Repay college loans - what a great boost to new grads.
* Put away money for college - it'll really 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 parents to come clean - or else.

Remember this is for every adult U.S. citizen, 18 and older (including
the folks who lost their jobs at Lehmann 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 'economic incentive'.
If we're going to do an $85 billion bailout, let's bail out every adult
U.S. citizen!

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.

We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!


no photo
Wed 10/01/08 11:09 PM
The math in the email you got is wrong.
$85,000,000,000 divided by 200,000,000 is $425.00.

MarsNeverSleeps's photo
Wed 10/01/08 11:13 PM

The math in the email you got is wrong.
$85,000,000,000 divided by 200,000,000 is $425.00.


Buggerit.

PacificStar48's photo
Wed 10/01/08 11:14 PM
Shhhhhhh don't tell the government to ever check their math they wouldn't know for years...lol

MarsNeverSleeps's photo
Wed 10/01/08 11:15 PM

Shhhhhhh don't tell the government to ever check their math they wouldn't know for years...lol


True. True.

CleanBathroom's photo
Wed 10/01/08 11:45 PM
Hey Auburn. flowerforyou

Can I borrow $425? I'm going to drill off the coast of Florida and need some seed money. :tongue: