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Lonewuff
Sep 22nd, 2008, 3:46 pm
Just food for thought:

Hi Y'all,

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 - 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 I do the geniuses at AIG or in Washington DC.

And remember, The Family 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,

A Creative Guy & Citizen of the Republic.

PS: Feel free to pass this along to your pals as it's good for a laugh

Glenn Freezman

Family Abstract, Inc.

hoog62
Sep 22nd, 2008, 3:52 pm
Hmmmmm, what would I do with my $425?

hallzee
Sep 22nd, 2008, 4:02 pm
Maybe I am missing something here, but my math skills tell me that $85B, divided by 200 million is $425.00 dollars per person, not $425,000.00. :confused:

Don't get me wrong... I'll take the $425.00!

Lonewuff
Sep 22nd, 2008, 4:22 pm
Ahhh ya kill joy!!! :rotf:

My caculator came up with $4,250.00, which still sounds pretty good to me.

RaffyK
Sep 22nd, 2008, 4:27 pm
Sounds like voodoo economics. <SFSF>

ironbuttwannabe
Sep 22nd, 2008, 4:30 pm
Ahhh ya kill joy!!! :rotf:

My caculator came up with $4,250.00, which still sounds pretty good to me.
Must be too many zero's for you, its 425 dollars. I could take 425,000 right now though

tmgs
Sep 22nd, 2008, 4:36 pm
Just food for thought:

Hi Y'all,

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+.



I'm in favor of it, but only give it to those working or premanantly disabled, cut out those on welfare, they we Might get around 700 bucks each

gunny
Sep 22nd, 2008, 4:50 pm
To make life real easy, take my share and apply it to the national debt.

Then round up all the executives that bailed with their golden parachutes and see where all of the money really went. I'd like a reasonable explaination of what they did with all of the assets, where they are now, how did they get there and who do they really belong to.

Lonewuff
Sep 22nd, 2008, 7:37 pm
Must be too many zero's for you, its 425 dollars. I could take 425,000 right now though

Turns out I have the small business caculator. I tried to enter $85B and it missed the last zero. I suppose it is trying to tell me something. :rolleyes:

ironbuttwannabe
Sep 22nd, 2008, 8:09 pm
Turns out I have the small business caculator. I tried to enter $85B and it missed the last zero. I suppose it is trying to tell me something. :rolleyes:
I really like using my graphing calculator. So I can see exactly what I'm entering in.

I like this number. If there are 200 million people and they give $2,000 dollars a year to pay off national debt, we could be debt free in a little over 24 years. These numbers are probably unrealistic because most people won't save 2,000 to put towards this. Then somehow figure out a way not to get back in debt. I'll put forth the money, someone else can figure out the other part.

cfell
Sep 22nd, 2008, 8:20 pm
To make life real easy, take my share and apply it to the national debt.

Then round up all the executives that bailed with their golden parachutes and see where all of the money really went. I'd like a reasonable explaination of what they did with all of the assets, where they are now, how did they get there and who do they really belong to.

There's an OP I'd be up for...

meese
Sep 23rd, 2008, 2:22 am
If there are 200 million people and they give $2,000 dollars a year to pay off national debt, we could be debt free in a little over 24 years.I'm in. But I'm keeping the rest of my "taxes" as they obviously can't be trusted with them.

ldbikin
Sep 23rd, 2008, 9:08 am
I can't remember the subject but one time, I divided the 'cost' to help 'X' amount of people they claimed needed help (I think it was medically related) and it came out to...1M per person when you did the math!!!

My SO has half her retirement tied up in AIG. Shes so busy making money she didn't know they were on the lam, I told her its a good thing uncle is helping out or she may not have anything in there.

My new policy...no more than 10% of anything I own into anything else, cheez...and 2% savings rates are starting to look really good right now! :cool: