One Man's $85 Billion Bail Out Plan

RockadelicRockadelic Out Digging 13,993 Posts
edited September 2008 in Strut Central
Had this waiting for me in my inbox this morning.....enjoy.b,121b,121______________________________________________________________________________________________________________b,121b,121 I'm against the $85,000,000,000.00 bailout of AIG.b,121 Instead, I'm in favor of giving $85,000,000,000 to America in a Web,121 Deserve It Dividend.b,121b,121 To make the math simple, let's assume there are 200,000,000 bonafideb,121 U.S. Citizens 18+.b,121 Our population is about 301,000,000 +/- counting every man, woman andb,121 child. So 200,000,000 might be a fair stab at adults 18 and up..b,121 So divide 200 million adults 18+ into $85 billion that equalsb,121 $425,000.00.b,121b,121 My plan is to give $425,000 to every person 18+ as a We Deserve It b,121 Dividend.b,121 Of course, it would NOT be tax free.b,121 So let's assume a tax rate of 30%.b,121 Every individual 18+ has to pay $127,500.00 in taxes.b,121 That sends $25,500,000,000 right back to Uncle Sam.b,121b,121 But it means that every adult 18+ has $297,500.00 in their pocket.b,121 A husband and wife has $595,000.00.b,121 What would you do with $297,500.00 to $595,000.00 in your family?b,121b,121 Pay off your mortgage - housing crisis solved.b,121 Repay college loans - what a great boost to new gradsb,121 Put away money for college - it'll be thereb,121 Save in a bank - create money to loan to entrepreneurs.b,121 Buy a new car - create jobsb,121 Invest in the market - capital drives growthb,121 Pay for your parent's medical insurance - health care improvesb,121 Remember this is for every adult U S Citizen 18+ including the folksb,121 who lost their jobs at Lehman Brothers and every other company that isb,121 cutting back. And of course, for those serving in our Armed Forces.b,121 trickling out a puny $1000.00 ( "vote buy" ) economic incentive thatb,121 is being proposed by one of our candidates for President.b,121b,121 If we're going to do an $85 billion bailout, let's bail out every adultb,121 U S Citizen 18+!b,121 As for AIG - liquidate it.b,121 Sell off its parts.b,121 Let American General go back to being American General.b,121 Sell off the real estate.b,121 Let the private sector bargain hunters cut it up and clean it up.b,121 Here's my rationale. We deserve it and AIG doesn't.b,121 Sure it's a crazy idea that can "never work."b,121 But can you imagine the Coast-To-Coast Block Party!b,121 How do you spell Economic Boom?b,121 I trust my fellow adult Americans to know how to use the $85 Billionb,121 We Deserve It Dividend more than I do the geniuses at AIG or in Washingtonb,121 DC .b,121b,121 And remember, The Birk plan only really costs $59.5 Billion becauseb,121 $25.5 Billion is returned instantly in taxes to Uncle Sam.

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