Thursday, September 25, 2008

I wonder if this would work?

A friend forwarded this - author unknown - and it seems like a great solution to me. What do you think?

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 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 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, but it can 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 that dividend more than the geniuses at AIG.

Author Unknown - I salute you!


Trée said...

I'm onboard.

Demon Hunter said...

It works for me. :-)

sex scenes at starbucks said...

Waaa? The great unwashed with REAL money? We can't even be trusted to elect our presidents without the electoral college, so we can't be trusted with that kind of money.

Robin said...

Sign me up.

Travis Erwin said...

Sure sounds good.

Jeni said...

Sounds like one terrific idea to me! You can probably bet your bottom dollar that no politician came up with that plan though -not enough in the way of incentive for the pols and their cronies to continue on their plunder of the poor and getting richer schemes there. Wonder how to get this across though to the Senate, Congress and the President?

Mary said...

Though I am Canadian and wouldn't receive any of this windfall, I am all for it. It's time they started thinking about Main Street instead of Wall Street.