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This is a Bailout Plan

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Old Sep 26, 2008 | 06:56 AM
  #1  
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Exclamation This is a Bailout Plan

A friend sent this to me.

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 $425,0 00 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 <http://ragingbull.quote.com/mboard/boards.cgi?board=JOKES&amp;read=64700> - 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 compan y
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 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 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 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 the geniuses at AIG or in Washington DC .

And remember, The Family pla n 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.
 
Old Sep 26, 2008 | 07:02 AM
  #2  
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Your math is way off, comes out to $425 per person.

Try again.
 
Old Sep 26, 2008 | 07:03 AM
  #3  
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Geeesh this gets posted alot.. LOL
Once again the math is wrong.. Shucks huh?
$425.00 each.. not $425,000.00
 
Old Sep 26, 2008 | 07:10 AM
  #4  
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no matter how you look at it.if they would give us money then we could buy and thing's would work out in the end.but give us enough money to pay off things . not this dent in the bucket crap.like they did a few months ago.
 
Old Sep 26, 2008 | 07:11 AM
  #5  
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The plan is bail them out, and stick it in us and break if off, if I'm not mistaken.

Which is worse let the **** hit the fan as it will probably will anyway even with the bailout, and or have our income taxes raised, as they will have to be anyway, to pay for this BS?
We're doomed any way you look at it, period, probably the same as who ever gets elected too.

Seems to me we are a nation facing bankruptcy, big time, and it ain't knockin' at the door either, it is already in the house....
 
Old Sep 26, 2008 | 09:58 AM
  #6  
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I may be missing the logic here, but wouldn't the government be giving you money they don't have? Therefore, they will need to borrow it, and you, your children and your grandchildren will be repaying the loan to the government through higher taxes. There is no free ride.
 

Last edited by VBCH Nightster; Sep 26, 2008 at 10:01 AM.
Old Sep 26, 2008 | 10:04 AM
  #7  
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What's all this have to do with HD's anyway?
 
Old Sep 26, 2008 | 10:09 AM
  #8  
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Originally Posted by JW1200
What's all this have to do with HD's anyway?
+1. Wrong forum, folks.
 
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