You don’t have to listen long to politicians in Washington, D.C., to hear the rhetoric of class war. Both major party presidential candidates have used it at times with strategic purpose — that is, when it advanced their ambitions.

The expanding government bailout of institutions and individuals caught up in the national financial fiasco, however, points to a real class conflict in this country. It is not a conflict that divides Americans by wealth. It is a conflict that divides Americans by character.

First, consider the phony class war — the one both John McCain and Barack Obama have tried to exploit.

When President Bush in 2001 offered a proposal to cut income-tax rates for everyone who pays income taxes, McCain — who had lost a bitter primary campaign to Bush the year before and who still desired to become president — could not bring himself to vote for it.

Bush’s proposal cut taxes too much for the rich, McCain argued. His solution: Cast a vote to deny non-rich people a tax cut he decried as too small — on grounds he was saving them from paying for the rich to get a tax cut that was too big.

"I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us, at the expense of middle-class Americans who most need tax relief," McCain said on the Senate floor.

In this campaign, Obama has expanded the phony class war by introducing a third group of potential combatants. He now classifies Americans as being either "rich," "middle class" or living in a sort of income-bracket no man’s land.

In a forum at the Saddleback Church last month, Pastor Rick Warren asked Obama to define "rich." Obama eventually said: "What I can say is, is that under the approach I’m taking, if you make 0,000 or less, you will see a tax cut. If you’re making 0,000 a year or more, you’re going to see a modest increase."

What about the Americans making between 0,000.01 and 9,999.99? What will Obama do to their tax bills? How does he want to manipulate them politically? Does he want to make them feel like victims, or does he want to hold them up as economic evil-doers to the worthier — yet put-upon — people making a mere 9,999.99 per year?

In real wars, there are unjust aggressors and victims forced to defend themselves. Presumably, if there were a class war in America, the unjust aggressors would be those who wrongfully take money or other things of value from those to whom it rightly belongs.

When Congress cut tax rates for all taxpayers, it was a wholly benign act. There were no victims, period. Congress did not — by cutting everyone’s tax rate — unjustly take money from anyone. Nor did taxpayers whose top rate dropped from 36 percent to 33 percent, allowing them to keep more of their own money, commit an act of aggression — financially or otherwise — against taxpayers whose top rate dropped from 28 percent to 25 percent.

But what about in the financial fiasco? Are there are unjust aggressors and true victims at the core of this crisis?

Absolutely. But the dividing line is not an income bracket, because people of all incomes are on both sides of this conflict. If you want to know which side you are on, just answer this question: Are you getting bailed out? Or does the government expect you to bail someone else out?

On one side are Americans who rely on themselves. On the other side are Americans who rely on the federal government — and politicians who exploit that reliance to gain and maintain political power, and corporate bureaucrats who exploit that reliance to get money.

On one side are Americans who exhibited the ancient virtues of hard work, thrift and prudence. The people who never bought — and never would buy — a house they could not afford. These people will pay for the bailout.

On the other side are Americans who exhibited a core vice of the welfare state: wanting something they did not earn. They took out a mortgage they could not afford, or from a position of government power pushed public policies promoting mortgages to people who could not afford them, or profited within some corporate bureaucracy from wholesale commerce in such mortgages. These are the people who will benefit from the bailout.

What is the solution? Roll back government dependency in all its forms. As long as the federal government maintains a welfare state, there will be politicians in Washington, D.C., who have an interest in increasing the number of people who will need bailouts and decreasing the number of people who pay.

Comments (9)

http://www.ibdeditorials.com/IBDArticles.aspx?id=303088377885894

‘I consistently believe that when it comes to . . . reparations," Obama recently told a gathering of minority journalists, "the most important thing for the U.S. government to do is not just offer words, but offer deeds."

A few days later, he clarified his remarks, saying he’s not calling for direct cash payments to descendents of slaves, but rather indirect aid in the form of government programs that will "close the gap" between what he sees as white America and black America.

He says government should offer "universal" programs — such as universal health care, universal mortgage credits, college tuition, job training and even universal 401(k)s — that "disproportionately affect people of color."

In other words, reparations by another name.

Obama knows that if he pushes too hard on reparations, he might scare off white voters. So he couches race-specific welfare as "universal" social programs that appeal to broad-based political coalitions — "even if they disproportionately help minorities," he confides in his book, "Audacity of Hope."

Obama has a name for his scheme: "universal strategies."

"An emphasis on universal, as opposed to race-specific, programs isn’t just good policy," he wrote. "It’s also good politics."

Maybe so. But not all his plans for reparations are roundabout. His book and Web site outline a separate plan calling for essentially a government bailout of the inner cities. Among other things, he proposes:

• Doling out faith-based grants "targeting ex-offenders."

• Subsidizing supermarket chains that relocate to the inner city to deliver "fresh produce" to blacks, helping wean them off unhealthy fast food.

• Imposing "goals and timetables for minority hiring" on large corporations whose work forces are deemed too white.

• Continuing to fund the Community Development Block Grant program, Head Start and HUD public housing subsidies.

• Funding Small Business Administration loans for minority businesses who train ex-felons, including gangbangers, for the "green jobs" of the future, such as installing extra insulation in homes.

• Doubling the funding for federal after-school programs such as midnight basketball.

• Subsidizing job training, day care, transportation for inner-city poor, as well as doubling the funding of the federal Jobs Access and Reverse Commute program.

• Expanding the eligibility of the earned income tax credit to include more poor, and indexing it to inflation.

• Adopting entire inner-city neighborhoods as wards of the federal government.

• Spending billions on new inner-city employment programs, including prison-to-work programs.

This is just a down payment on the "economic justice" Obama has promised the NAACP — financed by "tax laws that restore some balance to the distribution of the nation’s wealth," he says in his book.

And the indirect aid he’s proposing now could quickly turn into cash transfers once Obama is safely ensconced in the White House.

Claiming "blacks were forced into ghettos," Obama is certainly sympathetic to the idea of reparations. His church has actively petitioned for them for decades. And he’s strongly suggested there’s a legal case to be made for them.

"So many of the disparities that exist in the African-American community today can be directly traced to inequalities passed on from an earlier generation that suffered under the brutal legacy of slavery and Jim Crow," he said. "We still haven’t fixed them."

He assumes the economic gap is a legacy of discrimination and largely unrelated to personal responsibility. He also makes it seem things haven’t gotten better for blacks.

In this, Obama is intellectually dishonest. In his book, he cites statistics showing a 70% rise over the past two decades in the number of "Latino families considered middle class," but never cites one stat showing the even more impressive gains of the black middle class. He complains about low black wages, but never mentions the quantum leap in black home-ownership rates.

Why? Such stats would undermine his case for roundabout reparations. Even if it were true, he says, "better isn’t good enough."

"The problems of inner-city poverty arise from our failure to face up to an often tragic past," Obama said.

Now it’s payback time.

Comments (13)

FDIC weighs extraordinary steps, including loans from banks, to shore up insurance fund

* By Daniel Wagner, APey Business Writer
* On Tuesday September 22, 2009, 5:09 pm EDT

WASHINGTON (AP) — The Federal Deposit Insurance Corp. is weighing several costly — and never-before-used — options as it struggles to shore up the dwindling fund that insures bank deposits.

The agency is considering borrowing billions from healthy banks. Alternatively, it may impose a special fee on the banking industry.

Each option carries risk: Drawing money from healthy banks would take dollars out of the private sector, making that money unavailable for investment in the weak economy. But charging the whole industry a fee to replenish the fund could push weaker banks toward failure.

A third option — borrowing from the Treasury — is politically unpalatable, since it would resemble another taxpayer-financed bailout.

A fourth option would be to have banks pay their regular insurance premiums early. But this idea wouldn’t solve the fund’s long-term cash needs.

"The bottom line is, there’s no good solution," said Jaret Seiberg, an analyst with the research firm Concept Capital. "This is a fight over which option is least bad."

The FDIC is expected to propose a solution, possibly combining two or more of the options, at a board meeting next week.

Bank failures since the financial crisis struck have drained the fund to its lowest level since 1992, at the peak of the savings-and-loan crisis. The fund insures deposit bank accounts of up to 0,000.

Officials have approached big, healthy banks about making loans to the agency, said two industry officials familiar with the conversations, who requested anonymity because the plans are still evolving. Doing so would help the agency avoid tapping a 0 billion credit line with the Treasury — something FDIC Chairman Sheila Bair is reluctant to do.

But taking billions from large, healthy banks would remove that money from the private sector and prevent it from being invested. That could slow an economic recovery, analysts said.

Industry and government officials said Tuesday that plan was still on the table. But FDIC spokesman Andrew Gray downplayed its likelihood, saying, "It’s an option, but it’s not being given serious consideration."

The FDIC also could levy a special emergency fee on the industry. That would allow the healthiest banks to keep more capital for investment. But it could drive shakier banks toward failure — further depleting the fund. Losses on commercial real estate and other loans are causing multiple bank failures each week.

Banks already have paid one extra fee this year. And Comptroller of the Currency John Dugan, who holds one of the FDIC board’s five votes, has cautioned against saddling them with another.

Discussing the option last week, Bair acknowledged, "We don’t want to stress the industry too much at this time, when they’re still in the process of recovery."

Bair also said then that the agency might collect banks’ regular insurance premiums early to infuse the fund with cash. An exemption would likely be provided for banks that are too weak to pay in advance.

This plan would solve the fund’s immediate cash needs. But Seiberg called it "a one-time gimmick" that would merely delay another special assessment.

Because the FDIC expects bank failures to cost the fund around billion through 2013, a short-term boost may not be the answer, Seiberg said.

The banking industry and lobbyists oppose another fee. They also want Bair to avoid tapping the Treasury credit line, because it would lead to higher insurance premiums for banks as the FDIC repays the money.

In a letter Monday to Bair, American Bankers Association CEO Ed Yingling endorsed borrowing from the banks or collecting regular premiums early as alternatives to charging another fee.

The special fee imposed earlier this year is hurting banks, already stressed from depressed income and increased loan losses, Yingling said. Another one "may do more harm than good," he said.

One advantage of having big banks lend to the insurance fund would be to give healthy banks a safe harbor for their money and limit their risk-taking, said Daniel Alpert, managing director of the investment bank Westwood Capital LLC in New York.

It also would let the industry’s strongest players — which still rely on FDIC loan guarantees and other emergency subsidies — help weaker banks avoid paying another fee, he said.

"Lots of banks are going to require more capital, and (Bair is) trying to rob from the rich and give to the poor," said Alpert, who supports the plan as a creative way to avoid another bailout.

Bair’s priorities for the industry are different from the Treasury’s, analysts said. She is focused on stabilizing the many banks still at risk of failure. Such collapses could further deplete the insurance fund.

Treasury Secretary Timothy Geith

Comments (1)

According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, etc.

All of a sudden banks are seriously in the commercial real estate business! They are not making new loans. Commercial loans and SBA loans are down somewhere like 95 percent this year!

Since banks made bad decisions to begin with why are they allowed to hold these assets instead of liquidate them like they should? A troubled bank should not be able to afford to hold these assets, let alone hire a management company. Are they able to afford it because of the bailout?

I am real estate salesperson for the commercial real estate industry and I’m upset because without loans, I have no business. Commercial sales in my office is down like 90 percent this year, and I work in an office with like 250 agents!

Comments (1)

regarding the end of the recession that the government says is happening:

‘Be Prepared for the Worst’
Ron Paul, 10.29.09,

The large-scale government intervention in the economy is going to end badly.

Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these are the same people who insisted that the economy would continue growing last year, even while it was clear that we were already in the beginning stages of a recession.

A false recovery is under way. I am reminded of the outlook in 1930, when the experts were certain that the worst of the Depression was over and that recovery was just around the corner. The economy and stock market seemed to be recovering, and there was optimism that the recession, like many of those before it, would be over in a year or less. Instead, the interventionist policies of Hoover and Roosevelt caused the Depression to worsen, and the Dow Jones industrial average did not recover to 1929 levels until 1954. I fear that our stimulus and bailout programs have already done too much to prevent the economy from recovering in a natural manner and will result in yet another asset

Anytime the central bank intervenes to pump trillions of dollars into the financial system, a bubble is created that must eventually deflate. We have seen the results of Alan Greenspan’s excessively low interest rates: the housing bubble, the explosion of subprime loans and the subsequent collapse of the bubble, which took down numerous financial institutions. Rather than allow the market to correct itself and clear away the worst excesses of the boom period, the Federal Reserve and the U.S. Treasury colluded to put taxpayers on the hook for trillions of dollars. Those banks and financial institutions that took on the largest risks and performed worst were rewarded with billions in taxpayer dollars, allowing them to survive and compete with their better-managed peers.

This is nothing less than the creation of another bubble. By attempting to cushion the economy from the worst shocks of the housing bubble’s collapse, the Federal Reserve has ensured that the ultimate correction of its flawed economic policies will be more severe than it otherwise would have been. Even with the massive interventions, unemployment is near 10% and likely to increase, foreigners are cutting back on purchases of Treasury debt and the Federal Reserve’s balance sheet remains bloated at an unprecedented trillion. Can anyone realistically argue that a few small upticks in a handful of economic indicators are a sign that the recession is over?

What is more likely happening is a repeat of the Great Depression. We might have up to a year or so of an economy growing just slightly above stagnation, followed by a drop in growth worse than anything we have seen in the past two years. As the housing market fails to return to any sense of normalcy, commercial real estate begins to collapse and manufacturers produce goods that cannot be purchased by debt-strapped consumers, the economy will falter. That will go on until we come to our senses and end this wasteful government spending.

Government intervention cannot lead to economic growth. Where does the money come from for Tarp (Treasury’s program to buy bad bank paper), the stimulus handouts and the cash for clunkers? It can come only from taxpayers, from sales of Treasury debt or through the printing of new money. Paying for these programs out of tax revenues is pure redistribution; it takes money out of one person’s pocket and gives it to someone else without creating any new wealth. Besides, tax revenues have fallen drastically as unemployment has risen, yet government spending continues to increase. As for Treasury debt, the Chinese and other foreign investors are more and more reluctant to buy it, denominated as it is in depreciating dollars

The only remaining option is to have the Fed create new money out of thin air. This is inflation. Higher prices lead to a devalued dollar and a lower standard of living for Americans. The Fed has already overseen a 95% loss in the dollar’s purchasing power since 1913. If we do not stop this profligate spending soon, we risk hyperinflation and seeing a 95% devaluation every year.

Comments (8)

Venezuela’s Chavez Says Hopes Can Work with Obama

Mon Sep 7, 2009 6:45pm EDT

By Mike Collett-White and Cindy Martin

VENICE (Reuters) – Venezuelan President Hugo Chavez, a fierce critic of U.S. foreign policy who once called George W. Bush "the devil," said on Monday he hoped to be able to work more closely with President Barack Obama.

The leftist 55-year-old leader added in an interview in Italy that despite the global economic crisis and signs of a slowdown in growth in Venezuela, he did not expect his country to fall into recession.

Chavez was in Venice for the world premiere of "South of the Border," director Oliver Stone’s sympathetic portrait of a leader he says has championed the poor and who has been unfairly demonized by the U.S. media.

"I have no reason to call him (Obama) the devil, and I hope that I am right," Chavez told reporters in Venice.

"With Obama we can talk, we are almost from the same generation, one can’t deny that Obama is different (from Bush). He’s intelligent, he has good intentions and we have to help him."

Stone’s documentary argues that the economy has grown under Chavez’s rule and poverty levels have fallen sharply, all without the help of bailout loans from foreign lenders.

Asked in an interview with Reuters whether the fact that Venezuela’s economy shrank for the first time in more than five years during the second quarter of 2009 could mean austerity measures ahead, Chavez replied:

"There is no recession in Venezuela. There has been a slight slowdown in growth but that is something logical because of the great worldwide recession in capitalism.

"We have taken some steps but unemployment continues to fall and production continues to rise. Venezuela has been affected by the crisis but has not and will not go into recession," added the president, who sat next to Stone.

"REAL DEMOCRATIC MODEL"

Chavez also said his democratic credentials remained intact despite concerns over moves to crack down on the independent media and political opposition.

Thousands of people took to the streets of Caracas over the weekend to voice their opposition to the president, who has been in power for a decade and says he needs another 10 years to pursue his socialist reforms.

"In Venezuela, no television channel has been closed despite the fact that in many cases the television channels supported a coup d’etat," he said.

"Noam Chomsky … was asked in an interview what would happen if Fox News or CNN had supported a coup against a president. Chomsky replied that not only would those channels have been closed, but their owners would have been sent to the electric chair.

"I’m entirely dedicated to building a real democratic model in Venezuela. As Abraham Lincoln said, what is democracy? It is not the system by which a rich minority exploits the people. It is government by the people and for the people."

Stone’s film includes clips of U.S. news channels casting Chavez as a threat akin to that posed by al Qaeda.

"The caricature compares me to Hitler and Mussolini, that is just laughable," he said. "It shows a lack of respect to the intelligence of the human being and of society."

(Additional reporting by Daniel Flynn in Rome; Editing by Jon Hemming)

© Thomson Reuters 2009. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.

http://www.reuters.com/article/newsOne/idUSTRE5864ME20090907

Comments (4)

Seems like people would be extremely concerned about a bankrupt govt. who can’t cover money they’ve already insured spending trillions more.

I understand FDIC could borrow money to cover any shorfalls (like the post office and a number of other debt creating federal agencies) but how long can this possibly last??

http://news.yahoo.com/s/ap/20090922/ap_on_bi_ge/us_banks_fdic_bailout

Regulators have approached big banks about borrowing billions to shore up the dwindling fund that insures regular deposit accounts.

The loans would go to the fund maintained by the Federal Deposit Insurance Corp. that insure depositors when banks fail, said two industry officials familiar with the conversations, who requested anonymity because the plans are still evolving.

Regulators also are considering levying a special emergency fee on all banks, charging regular fees early or tapping a 0 billion credit line with the U.S. Treasury, the officials said.

FDIC spokesman Andrew Gray said that while borrowing from the banks "is an option, it’s not being given serious consideration." The board meeting where the plans will be discussed is scheduled for next week.

But a government official familiar with the FDIC board’s thinking said earlier Tuesday that the plan was being considered. He requested anonymity because he was not authorized to discuss the matter.

The fund, which insures deposit accounts up to 0,000, is at its lowest point since 1992, at the height of the savings-and-loan crisis. Ongoing losses on commercial real estate and other loans continue to cause multiple bank failures each week.

FDIC Chairman Sheila Bair wants to avoid tapping the Treasury credit line, and Treasury officials insist that the strongest big banks have enough extra capital to operate, the officials said. Comptroller of the Currency John Dugan, who is a voting member of the FDIC board, has said he doesn’t want to levy another fee on banks while the industry is still recovering.

Comments (10)

FDIC is going to BORROW money in order to insure accounts. Well if the people that INSURE THE BANK ACCOUNTS don’t have any money, isn’t the whole system on the verge of collapse??

And in retrospect, isn’t the REAL reason the banks got bailed out because FDIC would have taken down the federal govt. with the TRILLIONS it is currently insuring?? (TRILLIONS it doesn’t have)

Too big to fail = if you fail, the govt.fails too

http://news.yahoo.com/s/ap/20090922/ap_on_bi_ge/us_banks_fdic_bailout

Regulators have approached big banks about borrowing billions to shore up the dwindling fund that insures regular deposit accounts.

The loans would go to the fund maintained by the Federal Deposit Insurance Corp. that insure depositors when banks fail, said two industry officials familiar with the conversations, who requested anonymity because the plans are still evolving.

Regulators also are considering levying a special emergency fee on all banks, charging regular fees early or tapping a 0 billion credit line with the U.S. Treasury, the officials said.

FDIC spokesman Andrew Gray said that while borrowing from the banks "is an option, it’s not being given serious consideration." The board meeting where the plans will be discussed is scheduled for next week.

But a government official familiar with the FDIC board’s thinking said earlier Tuesday that the plan was being considered. He requested anonymity because he was not authorized to discuss the matter.

The fund, which insures deposit accounts up to 0,000, is at its lowest point since 1992, at the height of the savings-and-loan crisis. Ongoing losses on commercial real estate and other loans continue to cause multiple bank failures each week.

FDIC Chairman Sheila Bair wants to avoid tapping the Treasury credit line, and Treasury officials insist that the strongest big banks have enough extra capital to operate, the officials said. Comptroller of the Currency John Dugan, who is a voting member of the FDIC board, has said he doesn’t want to levy another fee on banks while the industry is still recovering.
brown………and?

Comments (6)

Dear Mr. [soMEone]

Thank you for contacting me regarding the Emergency Economic Stabilization Act of 2008. I welcome your thoughts and comments on this issue.

On September 19, 2008, Treasury Secretary Henry Paulson announced a plan by the Bush Administration to stabilize the financial services sector of the economy. This plan included broad authority for the Treasury Secretary to purchase troubled financial instruments with very limited oversight and few protections for taxpayers.

In July, I voted against a similar proposed bailout of Fannie Mae and Freddie Mac because it did not provide taxpayer protection and limits on executive compensation for a government owned entity. For the same reasons, I was not willing to support the Administration’s initial proposal, and I encouraged my colleagues to continue work on a plan that would protect taxpayers, provide strict oversight, and place limits on the benefits to executives who accept taxpayer assistance.

In the days following the Treasury Secretary’s announcement, concerns about the danger to the broader economy deepened. The high-profile failure of numerous financial institutions caused the commercial lending market to accumulate and hold cash. The credit markets effectively froze, making it difficult for consumers to obtain loans for purchases such as homes and automobiles. The lack of lending in these areas began to place further pressure on the troubled housing market and threatened to spread deeper into the economy. Similarly, many small and mid-sized businesses were finding it difficult to obtain financing to meet their payroll obligations and purchase inventory. Many cities were entering the bond market and getting no bids, even with AAA ratings. The current liquidity crisis still poses a real potential for significant job losses. After consulting with numerous financial experts, small businesses, and bankers in Texas, it became clear to me that normal commercial lending activity would not resume without action by Congress.

Despite this realization, I was still not inclined to support the Paulson plan. After weeks of negotiation, however, a bi-partisan compromise was reached. While there are provisions in the bill that I do not favor and would not have drafted, overall the need for action to stabilize the market and to protect the retirement savings of millions of Americans weighed heavily on my mind. Ultimately, I supported the Senate bill along with 73 of my colleagues. The bill we passed was a major improvement over the initial plan announced by Secretary Paulson.

We increased the deposit insurance cap from 0,000 to 0,000 so that families will have added protection for savings and retirement accounts. While the initial proposal authorized up to 0 billion to purchase distressed assets, the measure we passed takes a more cautious approach, initially authorizing 0 billion and requiring the approval from Congress and the President for additional funding. Importantly, the bill we passed includes restrictions on the benefits received by executives whose companies are selling some of their distressed assets to the government. In return for purchasing the assets, taxpayers will obtain an ownership stake in the companies. Many leading economists believe that the real estate market will turn around in the foreseeable future and government owned properties and assets will be sold at a profit. A provision in this bill that I supported requires any profits realized to be placed in the nation’s treasury to reduce the deficit. If, however, after five years the government is facing a loss in the program, the President must submit a plan to Congress recommending how the money will be recouped from financial services companies. I believe that these protections are a dramatic improvement over the Administration’s initial proposal.

The bill passed by the Senate included an important package of tax policy provisions. One of these provisions is an extension of the state and local sales tax deduction, which is a matter of fairness for states like Texas that do not have a state income tax. The average Texan will save 0 when they file their federal income tax forms next year. We also shielded low and middle-income taxpayers from higher taxes associated with the flawed alternative minimum tax (AMT) and included tax incentives to spur energy production and innovation including the wind energy production tax credit and the research and development tax credit.

As Texans, we have learned to take responsibility for our actions and being asked to pay for the mistakes of others is something many, including myself, find deeply troubling. However, after careful deliberation, I believe that the risks associated with doing nothing outweighed the risk of passing a less than perfect bill that nevertheless includes important protections for taxpayers. Economic evidence clearly suggested the problems were spreading into the broader economy. That i
============
[cont.]

That is why I voted for the Emergency Economic Stabilization Act.

I appreciate hearing from you. Please do not hesitate to contact me on any issue of concern to you.

Sincerely,
Kay Bailey Hutchison
United States Senator

284 Russell Senate Office Building
Washington, DC 20510
202-224-5922 (tel)
202-224-0776 (fax)

http://hutchison.senate.gov

==========
Kat: We have no choice but to drive 10 over. Our cows do eighty in their sleep!

Seriously, you’re spot on, as always. Lucky for you your Senators (unlike our Sinners) did it down.

Thanks!

(beware the Texas Cow)

Comments (4)

I had this sent to me, I like this idea instead :)

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 re-distribute wealth let’s really do it! Instead of trickling out a puny ,000.00 "economic incentive".
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 s ector 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 do the ‘geniuses’ at AIG or in Washington, D.C..
And remember, my plan only really costs .5 billion because .5 billion is returned instantly in taxes to Uncle Sam. Good idea? I think so.

Comments (3)

The Birk Economic Recovery Plan

I’m totally 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+.

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 Lehman20Brothers 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+, instead of just one company whom are evidently idiots in money management anyway.

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." (or can it?) 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 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.

This was created by a gentleman by the name of T. J. Birkenmeier.

I don’t know about the rest of you, but it sound pretty darn good to me!
I apologize. Unfortunately, I did not verify the mathematics of the Birk Plan. You would be correct about it being 5.00 and not 5,000. Sorry about that.
Actually, if I had my way, we’d give each family ,000,000 dollars, taxed of course, and let them do some of the things that Birk pointed out in his plan.

Imagine the possibilities!

Comments (11)

I’m 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 billion 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-Coast 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.

Kindest personal regards,

Birk

T. J. Birkenmeier, A Creative Guy & Citizen of the Republic

Comments (3)

I’m 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 Lehman20Brothers 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-Coast 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.

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 Billion Dollars!!
I got this e-mail from a friend of mine. I thought is was interesting ans just wanted to share. :)
Please do not think this was any of my idea.
T. J. Birkenmeier…….his math, not mine.

Comments (7)

I’m 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-Coast 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, this 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.

Comments (5)

I just received this e-mail, but I loved it – what do you think?

"My thoughts

Hi Pals,

I’m 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. 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 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.

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 Holland 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!"

Comments (2)

I got this as an e-mail and thought why not?
Thoughts please.
Bic Plan:
> >
> >
> > I’m against the ,000,000,000.00 ( Billion) bailout of AIG.
> >
> > Instead, I’m in favor of the Bic Plan which gives the ,000,000,000
> > To America in a ‘Who Better Dividend’.
> >
> > To make the math simple, let’s assume there are 200,000,000 legitimate
> > 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 billion that equals
> > 5,000.00.
> > My plan is to give 5,000 to every person 18+ as a Who Better
> > 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 ( Billion) right back to Uncle Sam.
> >
> > But it 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 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-Coast 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 Bic 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.
> >
> > Kindest personal regards,
> >
> >
> >
> > Jeff ‘Bic’
> > A 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
> > Billion!!
I have a degree have taken economics, maybe you should lighten up. And from that stand point what part does not work?? Other than the mass of people quitting their jobs until their money runs out.
Hey marvin it is 42.5 and you should get some humor it may save you some.
sorry marvin missed a 0 however again I GOT THIS AS AN E-MAIL. So again get some humor it helps especially now. but replace that figure with what Pulsan wants, changes the numbers a bit.
Ps Marvin would you believe Harvard?? No not really.
I hear you.

Comments (8)

This idea sounds just crazy enough to possibly work, so
naturally it won’t be given serious consideration. How
great is our bureaucracy!!

Hi P.E. Pals,

I’m 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 billion 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-Coast 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.

Kindest personal regards,
Your Friend

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 Billion!!

Comments (7)

Here’s the plan:

*I’m 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 rig ht 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.*
=0 A
*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
Billion*
*We Deserve It Dividend* more than I do the geniuses at AIG or in
Washington DC ..

And remember, The Chud plan only really costs .5 Billion because
.5 Billion is returned instantly in taxes to Uncle Sam.

Ducati. did you read this? Obviously NOT. Its people like you that make this country go down hill.

Comments (3)

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.

Comments (5)

Instead of bailing out AIG,
I’m in favor of giving ,000,000,000 to America in a
"We Deserve It For the BS" 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 each
My plan is to give 5,000 to every person 18+

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 wil never be.
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 Billion

And remember, this plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Now doesn’t this sound better than bailing out AIG?

To ahandle101
You did not catch a math mistake, you caught a typing mistake. Not to worry, I’ll start typing with my other foot now. Eventually I will get up to both feet.

..
You know we don’t have 200 billion people in the country yet.
To Jake
Any time someone wants to give me 5,000 and take 30% of it back, I am all for it. I am a "Glassis half full" type of guy. You appear to be a "Glass is half empty"

..

Comments (14)

Subject: Economic Recovery Plan

This idea sounds just crazy enough to possibly work, so naturally it won’t be given serious consideration. How great is our bureaucracy!!

An ,000,000,000.00 bailout of AIG??

Instead, how about 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 bonafided 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 billion 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-Coast 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, this plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Comments (5)

I’m 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
> >
> > bona fide 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 billion 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 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-Coast Block Party!
> > How do you spell Economic Boom?
> >
> > I trust my fellow adult Americans to know how to use the .5 Billion
> >
> > We Deserve It Dividend more than I do the geniuses at AIG or in
> > Washington DC.
> >
> > And remember, The plan only really costs .5 Billion because
> > .5 Billion is returned instantly in taxes to Uncle Sam.
> > Ahhh…

Comments (5)

This idea sounds just crazy enough to possibly work, so naturally it won’t be given serious consideration. How great is our bureaucracy!!

Hi Pals,
I’m 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 billion 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-Coast 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.
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 Billion!!

Comments (4)

Here’s the plan:

*I’m 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 rig ht 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.*
=0 A
*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
Billion*
*We Deserve It Dividend* more than I do the geniuses at AIG or in
Washington DC ..

And remember, The Chud plan only really costs .5 Billion because
.5 Billion is returned instantly in taxes to Uncle Sam.

Comments (4)

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.

Comments (5)

I recieved this as an email but, I think this guy has his head on his shoulders and I’m all for it.
Let’s get Washington to do what THE AMERICAN people need not want the millionaires need!

Bic Plan:

I’m against the ,000,000,000.00 ( Billion) bailout of AIG.

Instead, I’m in favor of the Bic Plan which gives the ,000,000,000 to America in a ‘Who Better Dividend’.

To make the math simple, let’s assume there are 200,000,000 legitimate 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 billion that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a Who Better 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 ( Billion) right back to Uncle Sam.

But it 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 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 goin g 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-Coast 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 Bic 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.

Kindest personal regards,

Jeff ‘Bic’

A Citizen of the Republic

PS: Feel free to pass this alon g to your pals as it’s either good for a laugh or a tear or a very sobering thought on how to best use Billion!!

Comments (5)

Reagan came to office in 1981 and soon after he presided over the dramatic deregulation of the nation’s savings and loan industry allowing S&Ls to end their reliance on home mortgages and engage in an orgy of commercial real estate speculation. The result was widespread corruption, mismanagement and the collapse of hundreds of thrift institutions that ultimately led to a taxpayer bailout that cost hundreds of billions of dollars.
Senior. When Reagan de-regularized the Saving Banks he invited them for game of corruption.
When George W Bush administration abandoned its role to over watch the mortgage banks it invited crises as we see now.
The ultra-ultra conservatives refuse to concede that without government supervision their will be corruption.
Nac. Do not get personal.
Bo. The Dems respect the role of the government. The Repub mantra is that the Government is the source of all evil. Now George W Bush who is Born Again ultra conservative did very bad job to monitor the mortgage industry bringing with it the crises we are in.
No one is talking about the Air Lines and I am not going to fall into this diversion trap.

Comments (3)

Subject: WE DESERVE IT DIVIDEND

I’m 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 5,0 00 to every person 18+ as a
"We Deserve It Dividend."

Of course, it woul d 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 y ou 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 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 00.00 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 work.

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow ad ult Americans to know how to use the Billion
"We Deserve It Dividend" more than the geniuses at AIG or in Washington DC .
And remember, The Family 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.

Comments (5)

"BIG 3 AUTOMAKERS

Some worried the (Fannie and Freddie) bailout would set a precedent that could be exploited by other ailing companies such as Detroit’s Big Three automakers, which want billion in low-cost loans from the government to develop fuel-efficient cars.

"Here our government is stepping in to bail out privately held companies," said Sharon Ward-Fore, a real estate agent in Oak Park, Illinois.

"Where does it end? Where is the line going to be drawn? They need to help the little people like me who haven’t made any money in two years."

Neal Sundermann, 61, a commercial real estate broker and self-described staunch Republican attending an event in Lebanon, Ohio, for Republican presidential candidate John McCain, called the intervention "creeping socialism."

"I would hope that they would put severe restrictions on them (Fannie Mae and Freddie Mac) then downsize them and reprivatize them as soon as possible because I can see them becoming a huge new government agency," he said."
ref:excerpt from —> http://news.yahoo.com/s/nm/usa_politics_bailout_dc;_ylt=AjwASzAV5smXotNBV1Hiq3hhr7sF
ref:excerpt from —> http://news.yahoo.com/s/nm/usa_politics_bailout_dc;_ylt=AjwASzAV5smXotNBV1Hiq3hhr7sF
You do realize ,of course, that I am talking about one form of "corporate welfare"?

Comments (3)

I received an email the other day with this rational. Of course it won’t work, but its still nice to think about it.

I’m against the ,000,000, 000.00 bailout of AIG. (That’s 85 BILLION DOLLARS).

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 US 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 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 .5 Billion because .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
I am not saying its perfect or that I made it up! I received it on an email and it is the way the average citizen feels…just an idea…dang!!

And Fatima…I do understand the bail out of the banking system…as much as the next person…as much as the politicians want us to understand. Geez, girl…obviously you take this answers stuff TOO seriously!

Comments (7)