Bailout

[baumshoe]

OK.....here's a plan I could live with. ?When you hear $85 billion, it
doesn't mean much to the average person until you break it down like
this...
?
Hi Pals,
>
> 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 team 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
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 '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 do the geniuses at AIG or in Washington
DC .
>
>
> And remember, The Birk plan 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.
>
> Kindest personal regards,
>
> Birk
>
> T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
>
>
> PS: ?Feel free to pass this along to your pals as it's either good for a
> laugh or a tear or a very sobering thought on how to best use $85
Billion!!

[pgg]

I'm in.. show me the money!!!!

[Ender]

I'm no economist...but all other things aside, when every adult has half a million in their pocket, you're soon gonna be spending $500 for a happy meal...well after the money runs out Big bubble burst in a few short years....

[MacLean]

If the Democrats hadn't blocked the reform bill that most of the Republicans backed, to include the President and the then Chairman of the Federal Reserve, we wouldn't be in this mess to begin with.

That said, the bailout has to happen or we are all going to be fucked.

[Ender]

If the Democrats hadn't blocked the reform bill that most of the Republicans backed, to include the President and the then Chairman of the Federal Reserve, we wouldn't be in this mess to begin with.

That said, the bailout has to happen or we are all going to be fucked.

Dear maclean,

Please don't be logical...it hurts the democrats' brains.

Thanks!

Ender

[Rhino]

The thing that pisses me off about this whole bailout plan is that no one will be held accountable. The CEOs of these companies still keep their millions, the politicians that were supposed to oversee these companies and prevent this thing from happening won't be punished. We will have more money take from us by force and not one single person will be in trouble for it.

This country is going down the shitter.