bailout

Sep 24, 2008 16:38

Sent to me from my mother:

Subject: FW: $85,000,000,000.00 bailout of AIG 
Date: Wed, 24 Sep 2008 10:17:35 -0400

I'm against the $85,000,000,000.00 bailout of AIG.

Instead, I'm in favor of giving $85,000,000,000 to all Americans as a "Dividend".

To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18+

Our population is ( Read more... )

political

Leave a comment

Comments 7

corva September 24 2008, 23:50:50 UTC
HUZZAH! It sure as heck would make my decade! We might could pay off the house and Shelby's school loans...*dreamy*

Reply


Cute... foogod September 25 2008, 00:03:18 UTC
...but not exactly equivalent. The "bailout" plan isn't exactly a "giveaway" of the money. The plan is actually to buy securities from the firm and then resell them to other people, thus getting (hopefully) much of the money back, while attempting to re-jumpstart the stalled marketplace which is part of the problem, and providing enough liquidity to the financial firms to restore confidence and keep them from going down holding a lot of the economy with them ( ... )

Reply

Re: Cute... jenlemus September 25 2008, 00:22:42 UTC
Exactly.

A $425K loan to myself, from my future tax revenue and my children's tax revenue and their children's tax revenue...

Let's give it to the bankers who almost tore down our economy with their greed!

Reply

Re: Cute... ragani September 25 2008, 20:28:02 UTC
The Swedes have a suggestion, from their own experience:
http://tinyurl.com/4ouy4a

Reply


fools_and_irish September 25 2008, 01:05:46 UTC
I'm seeing a last-minute 3rd-party run at the White House...

Reply


kairiwitch September 25 2008, 09:53:19 UTC
My mom sent me the exact same thing, lol- and one of the other problems, is the person writing it never did their math- I think it comes out to $425, NOT $425,000. Oops. It is math like that that got us into this trouble in the first place!!! :o)

Reply

ragani September 25 2008, 20:20:20 UTC
Yeah, I thought that math looked wrong. Tooooo many 00000000's.

Reply


Leave a comment

Up