Now this is a bail-out plan I can support!
This was sent to me by Access_nikita's boi.
I thought it was definately post-worthy.
To My Fellow Americans.......
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 keep 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 billion 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 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 get serious about it instead of trickling out
a puny $1,000.00 ( "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. Seriously. Break it up into it's core components and sell
them off to whatever company can integrate them.
Let American General go back to being American General.
Sell off the Real Estate - Seriously! Let the private sector bargain hunters cut it up and clean it up.
This is a big one here as that much money could leverage almost anyone into one or two investment properties.
An amazing proposition as it would almost ensure security in their retirement years!
It's not a case of 'We deserve it'. The fact is, it is our money anyway - and no matter WHAT the case, AIG doesn't.
This would stimulate an 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, this plan only really costs $59.5 Billion because $25.5 Billion is
returned instantly in taxes to Uncle Sam.
This concept is either good for a laugh or a tear or a very sobering
thought on how to best use $85 Billion!!
And let's not even think about the proposed $700 Billion!!