My bail out plan

T

The.Boomer

Guest
This guy should be running for President, what a great idea.

Hi Pals,
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 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 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 I do the geniuses at AIG or in Washington
DC

And remember, The Birk 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,
 

K

Kentucky Kache

Guest
The.Boomer said:
Enable Deadbeat Dads to come clean - or else

SHE has $297,500.00 in her pocket, and you still want her to have half of HIS.
GREED! What if she was the one who walked out on him? He still has to pay.

The rest of it sounds pretty good. When can I expect my check? ;D
 

Montana Jim

Gold Member
Sep 18, 2006
11,697
148
Montana
This was also posted in politics... :)

It has bad math, and really only works out to 425.00, not 425,000.00.

Seemed like a great idea at first!
 

OP
OP
T

The.Boomer

Guest
I never checked the math, but I also only took it as a joke since it would never really happen. :tongue3:
 

gord

Hero Member
Mar 30, 2005
529
41
London, ON
Montana Jim said:
This was also posted in politics... :)

It has bad math, and really only works out to 425.00, not 425,000.00.

Seemed like a great idea at first!
Unless he thought they were talking about British Billions (billion = a million million) rather than ours.
 

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