I love this. I received this via email. We called our state representatives and reports say a good 96% were against it however our representative managed to only listen to the 4% in favor of the bill and voted yes!!! Do you really think we are voting for him again...yeah NOT!! I am thinking he has been in his postion way too long and like the president there should be a term limit!!!!!
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 million bona fide U.S. Citizens 18+. Our population is about 301 million +/- counting every man, woman and child. So 200 million might be a fair stab at adults 18 and up. Divide 200 million adults 18+ into $85 billion, which equals $425,000.00 per person. That’s $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 $25.5 billion right back to Uncle Sam.
Now every adult 18+ has $297,500.00 in their pocket. A husband and wife have $595,000.00.
What would you do with $297,500.00 or $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 actually be there.
- Save in a bank? Create money to legitimately 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.
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.
Sure this is 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 more than I do the geniuses at AIG or in Washington DC.
And remember, the plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Call your congressional leaders today!