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Old 09-27-2008, 07:25 AM   #1
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Problem Solved

Here’s a plan lots of folks could get behind!!!

================================

I’m against the $85 BILLION 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 bona fide U.S. citizens, aged 18+.



Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billon - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a “We Deserve It” dividend.



Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Every recipient would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!



What would you do with $297,500.00 to $595, 000.00?

· Pay off your mortgage – housing crisis solved

· Repay college loans – what a great boost to new grads

· Put away money f or college – it’ll really 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 and older (including the folks who lost their jobs at Lehmann 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 $1,000. (“Republican vote buy”) economic incentive.





If we’re going to do an $85 billion bailout, let’s bail out every adult U.S. citizen!!



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.



We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can you imagine the coast-to-coast block party?!



How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d!



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, D.C.



And remember, this plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.
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Old 09-27-2008, 07:33 AM   #2
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A blog I like put up this response to the GOP proposal



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Old 09-27-2008, 09:09 AM   #3
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I like it! Unfortuantely I think most houses will have flat screens, new cars, fake boobs and all the fried chicken you can cart. And the left over $5 can be put in the bank.
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Old 09-27-2008, 11:05 AM   #4
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I hope you don't teach maths.

$85b divided by 200 million is $425 each, not $425,000.
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Old 09-27-2008, 11:17 AM   #5
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I hope you don't teach maths.

$85b divided by 200 million is $425 each, not $425,000.


Gotta love inaccurate e-mail forwards...
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Old 09-27-2008, 11:25 AM   #6
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I hope you don't teach maths.

$85b divided by 200 million is $425 each, not $425,000.


Nevermind the silliness of the proposal.
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Old 09-27-2008, 11:34 AM   #7
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SUPERWIN
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Old 09-27-2008, 01:15 PM   #8
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Originally Posted by financeguy View Post
I hope you don't teach maths.

$85b divided by 200 million is $425 each, not $425,000.
I did the math.

It came out: Obama = Muslim.

I love the email.
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Old 09-27-2008, 06:52 PM   #9
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why can't i give this thread 5 stars?
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Old 09-27-2008, 10:01 PM   #10
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And someone didn't understand the importance of a functioning interbank-lending system as well.
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Old 09-27-2008, 10:31 PM   #11
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Quote:
Originally Posted by financeguy View Post
I hope you don't teach maths.

$85b divided by 200 million is $425 each, not $425,000.

at least 425 has a correlation to 425000


that is much better than a lot of crap that gets posted
with follow up s and QFTs
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Old 09-27-2008, 10:42 PM   #12
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at least 425 has a correlation to 425000


that is much better than a lot of crap that gets posted
with follow up s and QFTs
QFT
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Old 09-27-2008, 10:43 PM   #13
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it goes to show you the average person cannot wrap their brain around the bredth, width and scope of this problem.

all is not well in paradise, folks.

<>
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Old 09-27-2008, 11:01 PM   #14
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it goes to show you the average person cannot wrap their brain around the bredth, width and scope of this problem.

all is not well in paradise, folks.

<>
Well, I do think that once numbers reach a certain level, they become almost meaningless, not just for average people but even for financial whizkids.
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Old 09-27-2008, 11:19 PM   #15
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at least 425 has a correlation to 425000


that is much better than a lot of crap that gets posted
with follow up s and QFTs
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