Does anyone agree with me on this Economy Crisis?
Im against the ,000,000,000.00 bailout of AIG.
Instead, I’m in favor of giving ,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 billon that equals 5,000.00.
My plan is to give 5,000 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 7,500.00 in taxes.
That sends ,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has 7,500.00 in their pocket.
A husband and wife has 5,000 .00.
What would you do with 7,500.00 to 5,000.00 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 00.00 ( “vote buy” ) economic incentive that is being proposed by one of our candidates for President.
If we’re going to do an 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-Co ast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the Billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .
And remember, The Birk plan only really costs .5 Billion because .5 Billion is returned
instantly in taxes to Uncle Sam.
Ahhh…I feel so much better getting that off my chest.
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5 comments
ecmfw on August 19, 2009 at 12:51 pm
Your math is wrong.
Therefore, I must disagree.
James Hassle on August 19, 2009 at 12:51 pm
The flaw in the ointment is that this 700 billion that AIG is getting a share of, comes from us taxpayers. I’m afraid it’d be robbing Paul to pay Paul. So the funds you want to hand out will come from us in the first place. It’s a nice dream but it’s phantom economics which is a strong factor in why we are in the mess we are in.
michaelhaswings on August 19, 2009 at 12:51 pm
Great idea if your math was correct. Check your calculator one more time. 85 billion divided by 200,000 is $425.
meg on August 19, 2009 at 12:51 pm
You made an error in your math. the AIG bailout was $425 per adult not $425,000.
llnlln56 on August 19, 2009 at 12:51 pm
Sounds wonderful to me, I just got off the phone with my aunt. She just got her statement on her IRA account, she lost 247,000.00. What they are doing is absolutely criminal. She’s more than likely going to withdraw her money. That’s horrific. She’s absolutely livid over all of this crap. She’ll be broke if they keep doing this sh!!, unless she pulls out her money. She’s in her 70’s and needs that money for her future. This is just a complete mess.