The Big Bailout (OT, or not)
Ken Fortenberry wrote in
:
riverman wrote:
Just got this in the email. Food for thought...
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-------------- 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 US Citizen 18+!
As for AIG û 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, this plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.
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BTW, just where DOES that $85B go to, anyway? Is it just an infusion
so the Wall Street Block Party can carry on, as usual? That's some
party.
--riverman
Dear American Friend:
Please allow the introduction of myself and an explain to the
circumstance which through Jesus Christ Our Lord I sincerly
hope to assitance for my situation.
My father left me $85 billion US dollars but due to the overtake
of my goverment by communist bankers this monies is only taken
by US taxpayer. I need honest, trustworthy US taxpayer such as
yourself to help me reclaim all my monis.
You should know that you will profit muchly from this if only
you will to help me reclaim my $85 billion.
Thank you,
Goerge W. Bush
It's good that he managed to create a legacy beyond Iraq.
--
Scott
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