View topic - Bail out talk

[thesteelhammer Profile]

Got this in my email. Sounded better than any plan I've heard from Washington

I’m against the $85,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.

To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.

Of course, it would NOT be tax free. So let’s assume a tax rate of 30%.

Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads Put away money for college – it’ll be there Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else.


Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.


If we’re going to do an $85 billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can “never work.”

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

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .

And remember, The Family plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.

Quick somebody do the math on $700 Billion.

[GodfatherofSoul Profile]

I bet you're on the same mailing lists telling you that Obama is a muslim, Clinton killed Vince Foster, and Democrats hate Jesus. This moron can't even do elementary school math:

$85,000,000,000
---------------- = $425/person
200,000,000

[thesteelhammer Profile]

$425 to me still sounds better than anything else I've heard.
(Think you're missing the humor here )

[kapone Profile]

..funny, I read that awhile back and enjoyed it too...who cares about 3 decimal places. When O'bumba is president, we won't need money anyway ...the green access card works anywhere.

[bigjoespompano Profile]

..funny, I read that awhile back and enjoyed it too...who cares about 3 decimal places. When O'bumba is president, we won't need money anyway ...the green access card works anywhere.

But what about those of us who disagree with his administration or take a different political view? What happens when OUR cards mysteriously quit working?....

[Hi5Steeler Profile]

regardless of the error of the math lets just think for a second WHAT that would do to our economy...random guess is that it would devalue the dollar so drastically it would be practically useless.....maybe im wrong so please correct me if i am.......