A response to my Aunt...and her consistent forwarding of one sided forwarded emails...
Sounds like a great plan to me - how do I sign up????
AIG......why not do it this way?????
I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor
of giving $85,000,000,000 to a "We Deserve It Dividend".
To make the math simple, let’s assume there are 200,000,000 bonafide 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 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 the geniuses
at AIG.
And remember, The Family 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.
Kindest personal regards, A Creative Guy & Citizen of the Republic
Heh, thanks.
I think it ironic that Bush and Co. are promoting
what is essentially a socialist idea- and at that a BADLY thought out
socialist idea- a socio-capitalist idea if you will, that won't work
and won't help American's who are struggling and the ACTUAL markets
that sell and buy ACTUAL things. Wall Street should suffer, that way it
will get tougher on itself and rise above. Without such challenge,
success has no real measure, nor do mistakes have the biting reproach
that leads to a lesson well learned.
To the point of giving it to the people- I amusingly enjoy the
idea- it is relatively simple and yet practical- as in we would pay
taxes on it (and could automatically have such withheld in said
payment).
I strongly doubt anyone in charge would do it, but
if enough constituents actually said "If we're going to redistribute
wealth, don't take it from Americans, give it to Americans, and we'll
support the country by being a community and a trust- a credit union
even if you will, Jimmy Stewart and all that."
The fact is, that republicans are against it for good reasons and
democrats are hesitant for good reasons, but independents- rather
Americans in general, don't want it because it takes from them and
gives to the rich and foolish.
At least that is how I see it. Dad and I do not agree with the
bailout, I'm with economists that say better strategies and tactics can
be employed in the private sector for at least half the cost without
tax payer sacrifice.
I hardly think we should sacrifice the body politic for the mistakes of a few greedy lenders and exploitative creditors.
----
Nevermind that the issue on the table isn't just bailing out AIG, but an economic situation contributed to by deregulation (Thanks Mr. McCain, Bush and oh yeah Senator McCain's hero RONALD REAGAN) and reed of a few corporations, lenders, etc. The voracious appetite of credit card companies has all but CRIPPLED our economy and is the REAL issue behind our CREDIT Crisis...or at least a MAJOR FACTOR CONTRIBUTING.
Bank of America now owns Merrill Lynch- while I say that's better than a bail out, it worsens a formerly respected institution by sullying it with the opportunistic approach of a system that maintains consistent aggressive tactics in pursuing debt laden and prone people (individuals who failed once and again no less) into convoluted systems fueled by the "More is More" mentality that has plagued our consumer society- not necessarily because we as people have made the foolish decision that more is better, but that we have been on that diet because that is what is being given to us- that is what is being shown to us, and that is what is available. Paying off Debt with Debt and Paying off a Credit Card with another Credit Card is not making our lives any better- only worse. Bailing out companies that have FAILED us as financial institutions and paragons of proper money management and lending practices (and most importantly their stock holders and supposed proper responsible values, etc) has- as some have said- great potential at causing more harm than good, yet most significant is that it does not have public support, and it is not something agreed upon by Congress- and neither Bush or McCain have the ability to see that, and Obama- who perhaps does not either- is not there saying it is a bad idea, but that it should be considered.
We've spent damn near a Trillion- and will spend a Trillion- in Iraq, probably close to that as well on the War on Terror, building up the Dept. of Homeland Security, restructuring of our law enforcement and intelligence gathering agencies (both foreign and most frighteningly domestic)- which is still needed to some degree but in other directions and with leaner operating capabilities as a focus. More money has been spent lying to the American People or otherwise DISTRACTING THEM than has been invested in America's Future. More even in War than Peace- more in short term greed than long term sustainability- more in scaremongering, warmongering and power-mongering than any program or policy engine devoted to domestic concerns and American liberty (Fascism 101 anyone?).
I might be a libertarian, but I'm hardly they typical one. I generally prefer Maverick Classical Liberal...which is weird since I disagree with McCain's campaign claming him as the Original Maverick (sorry, but that's actually the guy who the term was coined from- Sam Maverick, not Bret Maverick- who is closer to John McCain in some reards and farther in others), and on my facebook profile.
At any rate and all Mavericks aside, I've referenced Bastiat before, and I think I shall interject some of the matters I have at least idealistic agreement with:
The Law- by its nature should prevent Plunder
The State should not legalize plunder.
17th Century French Socialists are Bad.
Taxes are bad- but hey if people are cool with 'em, whatever, just don't impose them or let them turn into...you guessed it, plunder.
My point is, the Bailout encourages plunder. Taxes are bad- yes, but we as tax payers agree to it in a degree, sure we all want lower taxes, but we also want to pay less in bills and less for gas and less on many payments- but we're behind on those and frankly much of that just won't happen, "The only things certain in life..." as they say.
How does it encourage Plunder? Perhaps it would make more sense to use modern economic/American English terms...
It bad cuz it take money from people and give it to people who profit from it without paying dues or working to earn it...
Or even one might say- because it really doesn't solve anything.
Failed institutions should do just that, fail. You can't fall and expect to get picked up, brushed off and made instantly and as if the damage is reversible- BETTER.
Favorite Appropriate quote from Batman Begins: "Why do we fall?...So we can pick ourselves back up again."
A rather nice point came from a conversation me and Dad had while discussing the disapproval of the bail out legislation/big fat stinking check push...
anecdotal certainly- when Dad moved here, there were Apple Stores all over town, then they were shut down as Apple lost money, cut costs and essentially went under- now they've more than bounced back, he goes to their store to get his iPhone fixed and enjoys all the knowledgeable young people who are there, comparing it to being in one of the old Apple Computer stores.
My point is simple. If you want to do something right- you have to do it yourself.
That's true.
but more to the point, they should fail, they should be able perhaps to file bankruptcy- and if they can't be consolidated, bought or ADAPT and CHANGE and resurge, make a comeback be leaner, meaner and frankly BETTER and more responsible, then fuck 'em.
They don't deserve a spot in the sun, and the damn well don't deserve my money. I worked hard- I give it to the government, and I want it better spent than by giving a bunch of morons a second shot in a lame attempt to reverse what is already and largely an obvious massivefuckball of a recession.
Now, Obama had mentioned a good idea during the Debate he might not have realized- he mentioned how FDR's idea worked (and expressed doubt about a damn near Trillion Dollar stimulus check for Wall Street having any pay off or any immediate pay off)...wait what was FDR's idea specifically?
The government bought a bunch of houses, saved the market, and yes- stimulated the economy.
THAT makes more sense.
Save people's homes maybe, certainly slow the INITIAL problem America is having- and many economists are blaming housing prices...etc.
And maybe then the markets will correct- but face it people, we are going to have a tougher time of it, but we can lick this recession, and we can kick this next "Great Depression" right it its ugly face and put the US of A back on the map again for something other than Imperialistic Capitalistic Hegemony...but for ingenuity, discipline, creativity, humbleness and downright GUMPTION.
maybe I sound really conservative all of a sudden, but I'm tired from working- I'm 25 and I want green jobs, no big oil running my life and budget and national stage, and I'm sick and tired of a "Can't Do" attitude amongst my peers and family and most importantly- myself.
I am not a paranoid man by nature. Society has plagued me with its fears and politicians and men of bad intent with their actions and words- lies and misdeeds.
I am by all means I think- a reasonable man with emotional tendencies and a lack of proper temperament for judicious consideration of matters beforehand, but as I do think of things and I do consider and rather advantageously many possibilities are brought to mind rather quickly, I can consider things and listen and read and watch things with a knack of comprehension and storage that I believe rivals a great many "calmer" people.
I am quite simply frustrated. I am indeed at times angry. But most of all I am disappointed and hopeful in America, its leaders and its people.
With Obama, at least- there stands to be a chance for not just Change but Hope.
As John Zogby calls us as a generation the 18-29 year olds the "First Globalists" in his new book "The Way We'll Be," Obama stands not only a chance at uniting us- his true believers and kin, but also a society that is rapidly- even steadily approaching a pragmatic and hopeful and good sheperd/steward/citizen mindset across the board...again this is sort of a condensed meshing of my opinion/perspective and what I've read/realized from Zogby.
But my point is this, Obama is good for the future, he is good for the now and he is good for the world and the United States of America that I love and live in.
I am coming to terms with myself, but while I see just a little of myself in John McCain- a tendency to be combative or dismissive...I see far more of myself in Barack Obama- not simply because he is Younger and more Liberal, a label I readily employ "Classic" ahead of as an addendum before accepting, but because he is the BEST of what I find in me and want to see in others and myself. He is a listener- he is a good speaker, he is intelligent and primarily self-educated and notably he is successful, but by virtue of service and effort and intellect and skill and reliance on reflection and foresight and not by mere luck or entitlement or inheritance (in any regard).
He is a man that shares in my frustrations- and he is not perfect, he neglected several points some might consider minor- but I do not, especially in retorting and refuting or otherwise attacking John McCain's statements and positions. But then I can't expect Barrack Obama to see things the way I do, nor hold my beliefs nor profess them nor go out and try to be president all the while having my values and not be more moderate or considered or himself.
I'll get into my perspective more later- things like Russia, yes being a bully, but Georgia having fired the first shot and the regions of conflict being separarist states who want to go BACK to Mother Russia- who initiated this conflict, who YES have a right to self determination.
ahem, I have digressed- and to the point of the debate, I shall address later in an entry on Grand Strategy and You (and me) and John McCain (and Obama).
...like tomorrow- after I've worked and slept.
AIG......why not do it this way?????
I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor
of giving $85,000,000,000 to a "We Deserve It Dividend".
To make the math simple, let’s assume there are 200,000,000 bonafide 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 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 the geniuses
at AIG.
And remember, The Family 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.
Kindest personal regards, A Creative Guy & Citizen of the Republic
Heh, thanks.
I think it ironic that Bush and Co. are promoting
what is essentially a socialist idea- and at that a BADLY thought out
socialist idea- a socio-capitalist idea if you will, that won't work
and won't help American's who are struggling and the ACTUAL markets
that sell and buy ACTUAL things. Wall Street should suffer, that way it
will get tougher on itself and rise above. Without such challenge,
success has no real measure, nor do mistakes have the biting reproach
that leads to a lesson well learned.
To the point of giving it to the people- I amusingly enjoy the
idea- it is relatively simple and yet practical- as in we would pay
taxes on it (and could automatically have such withheld in said
payment).
I strongly doubt anyone in charge would do it, but
if enough constituents actually said "If we're going to redistribute
wealth, don't take it from Americans, give it to Americans, and we'll
support the country by being a community and a trust- a credit union
even if you will, Jimmy Stewart and all that."
The fact is, that republicans are against it for good reasons and
democrats are hesitant for good reasons, but independents- rather
Americans in general, don't want it because it takes from them and
gives to the rich and foolish.
At least that is how I see it. Dad and I do not agree with the
bailout, I'm with economists that say better strategies and tactics can
be employed in the private sector for at least half the cost without
tax payer sacrifice.
I hardly think we should sacrifice the body politic for the mistakes of a few greedy lenders and exploitative creditors.
----
Nevermind that the issue on the table isn't just bailing out AIG, but an economic situation contributed to by deregulation (Thanks Mr. McCain, Bush and oh yeah Senator McCain's hero RONALD REAGAN) and reed of a few corporations, lenders, etc. The voracious appetite of credit card companies has all but CRIPPLED our economy and is the REAL issue behind our CREDIT Crisis...or at least a MAJOR FACTOR CONTRIBUTING.
Bank of America now owns Merrill Lynch- while I say that's better than a bail out, it worsens a formerly respected institution by sullying it with the opportunistic approach of a system that maintains consistent aggressive tactics in pursuing debt laden and prone people (individuals who failed once and again no less) into convoluted systems fueled by the "More is More" mentality that has plagued our consumer society- not necessarily because we as people have made the foolish decision that more is better, but that we have been on that diet because that is what is being given to us- that is what is being shown to us, and that is what is available. Paying off Debt with Debt and Paying off a Credit Card with another Credit Card is not making our lives any better- only worse. Bailing out companies that have FAILED us as financial institutions and paragons of proper money management and lending practices (and most importantly their stock holders and supposed proper responsible values, etc) has- as some have said- great potential at causing more harm than good, yet most significant is that it does not have public support, and it is not something agreed upon by Congress- and neither Bush or McCain have the ability to see that, and Obama- who perhaps does not either- is not there saying it is a bad idea, but that it should be considered.
We've spent damn near a Trillion- and will spend a Trillion- in Iraq, probably close to that as well on the War on Terror, building up the Dept. of Homeland Security, restructuring of our law enforcement and intelligence gathering agencies (both foreign and most frighteningly domestic)- which is still needed to some degree but in other directions and with leaner operating capabilities as a focus. More money has been spent lying to the American People or otherwise DISTRACTING THEM than has been invested in America's Future. More even in War than Peace- more in short term greed than long term sustainability- more in scaremongering, warmongering and power-mongering than any program or policy engine devoted to domestic concerns and American liberty (Fascism 101 anyone?).
I might be a libertarian, but I'm hardly they typical one. I generally prefer Maverick Classical Liberal...which is weird since I disagree with McCain's campaign claming him as the Original Maverick (sorry, but that's actually the guy who the term was coined from- Sam Maverick, not Bret Maverick- who is closer to John McCain in some reards and farther in others), and on my facebook profile.
At any rate and all Mavericks aside, I've referenced Bastiat before, and I think I shall interject some of the matters I have at least idealistic agreement with:
The Law- by its nature should prevent Plunder
The State should not legalize plunder.
17th Century French Socialists are Bad.
Taxes are bad- but hey if people are cool with 'em, whatever, just don't impose them or let them turn into...you guessed it, plunder.
My point is, the Bailout encourages plunder. Taxes are bad- yes, but we as tax payers agree to it in a degree, sure we all want lower taxes, but we also want to pay less in bills and less for gas and less on many payments- but we're behind on those and frankly much of that just won't happen, "The only things certain in life..." as they say.
How does it encourage Plunder? Perhaps it would make more sense to use modern economic/American English terms...
It bad cuz it take money from people and give it to people who profit from it without paying dues or working to earn it...
Or even one might say- because it really doesn't solve anything.
Failed institutions should do just that, fail. You can't fall and expect to get picked up, brushed off and made instantly and as if the damage is reversible- BETTER.
Favorite Appropriate quote from Batman Begins: "Why do we fall?...So we can pick ourselves back up again."
A rather nice point came from a conversation me and Dad had while discussing the disapproval of the bail out legislation/big fat stinking check push...
anecdotal certainly- when Dad moved here, there were Apple Stores all over town, then they were shut down as Apple lost money, cut costs and essentially went under- now they've more than bounced back, he goes to their store to get his iPhone fixed and enjoys all the knowledgeable young people who are there, comparing it to being in one of the old Apple Computer stores.
My point is simple. If you want to do something right- you have to do it yourself.
That's true.
but more to the point, they should fail, they should be able perhaps to file bankruptcy- and if they can't be consolidated, bought or ADAPT and CHANGE and resurge, make a comeback be leaner, meaner and frankly BETTER and more responsible, then fuck 'em.
They don't deserve a spot in the sun, and the damn well don't deserve my money. I worked hard- I give it to the government, and I want it better spent than by giving a bunch of morons a second shot in a lame attempt to reverse what is already and largely an obvious massivefuckball of a recession.
Now, Obama had mentioned a good idea during the Debate he might not have realized- he mentioned how FDR's idea worked (and expressed doubt about a damn near Trillion Dollar stimulus check for Wall Street having any pay off or any immediate pay off)...wait what was FDR's idea specifically?
The government bought a bunch of houses, saved the market, and yes- stimulated the economy.
THAT makes more sense.
Save people's homes maybe, certainly slow the INITIAL problem America is having- and many economists are blaming housing prices...etc.
And maybe then the markets will correct- but face it people, we are going to have a tougher time of it, but we can lick this recession, and we can kick this next "Great Depression" right it its ugly face and put the US of A back on the map again for something other than Imperialistic Capitalistic Hegemony...but for ingenuity, discipline, creativity, humbleness and downright GUMPTION.
maybe I sound really conservative all of a sudden, but I'm tired from working- I'm 25 and I want green jobs, no big oil running my life and budget and national stage, and I'm sick and tired of a "Can't Do" attitude amongst my peers and family and most importantly- myself.
I am not a paranoid man by nature. Society has plagued me with its fears and politicians and men of bad intent with their actions and words- lies and misdeeds.
I am by all means I think- a reasonable man with emotional tendencies and a lack of proper temperament for judicious consideration of matters beforehand, but as I do think of things and I do consider and rather advantageously many possibilities are brought to mind rather quickly, I can consider things and listen and read and watch things with a knack of comprehension and storage that I believe rivals a great many "calmer" people.
I am quite simply frustrated. I am indeed at times angry. But most of all I am disappointed and hopeful in America, its leaders and its people.
With Obama, at least- there stands to be a chance for not just Change but Hope.
As John Zogby calls us as a generation the 18-29 year olds the "First Globalists" in his new book "The Way We'll Be," Obama stands not only a chance at uniting us- his true believers and kin, but also a society that is rapidly- even steadily approaching a pragmatic and hopeful and good sheperd/steward/citizen mindset across the board...again this is sort of a condensed meshing of my opinion/perspective and what I've read/realized from Zogby.
But my point is this, Obama is good for the future, he is good for the now and he is good for the world and the United States of America that I love and live in.
I am coming to terms with myself, but while I see just a little of myself in John McCain- a tendency to be combative or dismissive...I see far more of myself in Barack Obama- not simply because he is Younger and more Liberal, a label I readily employ "Classic" ahead of as an addendum before accepting, but because he is the BEST of what I find in me and want to see in others and myself. He is a listener- he is a good speaker, he is intelligent and primarily self-educated and notably he is successful, but by virtue of service and effort and intellect and skill and reliance on reflection and foresight and not by mere luck or entitlement or inheritance (in any regard).
He is a man that shares in my frustrations- and he is not perfect, he neglected several points some might consider minor- but I do not, especially in retorting and refuting or otherwise attacking John McCain's statements and positions. But then I can't expect Barrack Obama to see things the way I do, nor hold my beliefs nor profess them nor go out and try to be president all the while having my values and not be more moderate or considered or himself.
I'll get into my perspective more later- things like Russia, yes being a bully, but Georgia having fired the first shot and the regions of conflict being separarist states who want to go BACK to Mother Russia- who initiated this conflict, who YES have a right to self determination.
ahem, I have digressed- and to the point of the debate, I shall address later in an entry on Grand Strategy and You (and me) and John McCain (and Obama).
...like tomorrow- after I've worked and slept.