Posted By: txmom on
This is great... Anything is better than putting those who caused it- government especially plus some wall street folks - in charge of fixing their own mess. I don't know where this originated but it's good...for left or right side - To my fellow Americans...... 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 improvesEnable 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... 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. 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, this plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam PS:Feel free to pass this along to your pals as it's a very sobering thought on how to best use $85 Billion!
Tags:
economic, economy, money, growth
