Doesnt this sound like a great bailout plan…?
that would help Americans?
This sounds like a really great plan. To bad no one will take it seriously
I’m against the BILLION 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 bona fide
U.S. citizens, aged 18+.
Our population is about 301 million counting every man, woman , and
child.
So, 200,000,000 might be a fair stab at adults 18 and up.
Now, divide 200 million, 18+ adults into billion – that equals
5,000.00 each! ?
Yes, my plan is to give that 5,000 to every adult as a ‘We Deserve It’ dividend.
Of course, it would NOT be tax free. So, let’s assume a tax rate of
30%. Everyone would pay 7,500.00 in taxes.
That sends .5 billion right back to Uncle Sam! It also means that
every adult 18+ has 7,500.00 in their pocket.
A husband and wife would have 5,000.00!
What would you do with 7,500.00 to 5,000.00?
* Pay off your mortgage – housing crisis solved
* Repay college loans – what a great boost to new grads
* Put away money for college – it’ll really 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 ?Parents ?to come clean – or else
Remember this is for every adult U.S. citizen, 18 and older (including
the folks who lost their jobs at Lehmann Brothers and every other
company that is cutting back) and of course, for those serving in our
Armed Forces.
If we’re going to do an billion bailout, let’s bail out every
adult U.S. citizen!!
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.
We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can
you imagine the coast-to-coast block party!
How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t
d-i-v-i-d-e-n-d!
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, D.C..
And remember, The plan only really costs .5 billion because .5
billion is returned instantly in taxes to Uncle Sam.
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5 comments
Patty5821 on August 25, 2009 at 3:17 pm
Sounds like a Plan to me. Where do I vote on this.
Dave Holman on August 25, 2009 at 3:17 pm
You know, the only problem with this is that a very large number of people would use that $297,000 as the down payment on a $6million
McMansion, even if they are only earning $50,000/yr, and we would be in an even bigger mess in two years.
leavin#1 on August 25, 2009 at 3:17 pm
This bail out is designed to protect the profits of the very wealthy. The effect of this is that you and your children will be taxed to pay for it and it is not $700 billion that is a down payment like all government estimates this will increase 50-500% before it is done. They are considering a bail out for mortgages which will lead to a bailout of car loans, credit cards, money markets and all maner of poor business decisions, etc. Don’t forget that we have already paid to bail out Bear Sterns (est.$10 bil), AIG ($85 bil)and Fannie and Freddie ($1 tril). And teh proposed estimate of $700 bil is a down payment a minimum. Let’s put this in perspective, a billion seconds ago it was 1959 a trillion seconds ago is 31,000 years ago.
Now what does all of that quick cheap money do to a finacial system when it is given to a bank it multiplies you see banks are on a fractional system that means they can create 7-9 dollars out of thin air for every 1 dollar they have. Hyper inflation is the result of injecting a quick $18 trillion (minimum)into a market. But don’t worry it won’t hurt the guys at the top inflation works on a time line it doesn’t devalue on creation the real hit is at the end of the chain like your pay check. So this gives a great opportunity to those that are first in line to trade these dollars for Euros, gold and silver while they pass this money through to you while it falls in value and all you have valued in dollars, stocks, bonds, real estate, etc. fall in value with it.
Keep in mind that the wealthiest 1% have increased their wealth from 37% to 57% in just the last 5years that was our wealth before. And that is a 455% increase in income for that same slice while we cut their taxes.
This is a scam so that the guys in the know can cash out of America that is all.
JonnyMac on August 25, 2009 at 3:17 pm
Your math is wrong. 85 billion divided by 200 million is only 425. Not 425,000. Come back with another plan after you can work a calculator.
Chief Scout on August 25, 2009 at 3:17 pm
In the overall principle of your question, it would be reasonable to
do. And yes your right, we do deserve it. Problem being. we did
not bail out AIG. We loaned them the money based on them turning
over there assetts to back up; the loan. When the money is paid
back AIG will once again retain there assett control.
The number is actually Four Hundred and 25 dollars.