Information

[carrie123]

 This is an e-mail I got earlier...Here is an interesting approach. I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to [/color]Americain 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 assume20a 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 you r 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.

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 billi on We deserve the "We Deserve It Dividend" more than the geniuses at AIG or in WashingtonDC.

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.

[DN in MN]

If that could only happen

[scrapaholic]

 You have my vote.

[MamaK321]

where do I sign!?!

[SBcrazee]

 Sounds brilliant to me at first glance but I'm sure there will be some who'll find loopholes in this too. Too bad it isn't the plan that's being passed.

[JenniferP]

 only in my dreams...

[Dolly]

 Hey you have my vote for president sounds great to me Dolly Oh by the way when should i be expecting my check???/

[jBlaze]

 hoping... and praying... and wishing..... and dreaming... 
    Oh. Oh, wouldn't it be - nice.......

[ScrapGoo]

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.

This plan is awesome.... EXCEPT that the math is completely wrong!! 85 billion divided by 200 million is only $425.  Period... for hundred, twenty five dollars.  Not four hundred twenty five *thousand* dollars. 

Lol... wishful thinking!!

[asset]

 A common sense plan. Now, if only those in charge would do things remotely like this.

[naney1952]

Great sounding plan to me.....a woman probably came up with it....lol  

[carrie123]

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.

This plan is awesome.... EXCEPT that the math is completely wrong!! 85 billion divided by 200 million is only $425.  Period... for hundred, twenty five dollars.  Not four hundred twenty five *thousand* dollars. 

Lol... wishful thinking!!

I thought when I read that it seemed kinda high, but the idea behind is kinda nice...

[jBlaze]

 You crushed my dream, gee 425 doesn't cover fuel for the month.  boohoo.