Author Topic: Alternative proposal to the bailout  (Read 863 times)

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Xavier_Onassis

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Alternative proposal to the bailout
« on: September 25, 2008, 10:11:01 PM »
This was sent to me, and I think it is a wonderful idea!.  Think what you could do with that money. Whether you spent it or saved it, it would help the economy.  You wouldn't have to play the Lotto anymore...  Elizabeth
 

 

Hi Y'all,
 
I'm against the $85,000,000,000.00 bailout of AIG.  I'm also against the $700,000,000,000++ bailout being proposed in Congress right now!
 
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..
   Pay off credit card debt.

   Repay college loans – what a great boost to new grads
   Put away money for college – It'll be there for Junior.
   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
 
Rememb ER this is for every adult U S Citizen 18+  including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.
 
If we're going to re-distribute wealth let's really do it...instead of trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.
"Time flies like an arrow; fruit flies like a banana."

Plane

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Re: Alternative proposal to the bailout
« Reply #1 on: September 25, 2008, 10:15:10 PM »


Or go down to burger king and buy yourself a $10,000 burger and $5,000 fries.

BT

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Re: Alternative proposal to the bailout
« Reply #2 on: September 25, 2008, 10:22:01 PM »
Everybody has their hand out.


hnumpah

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Re: Alternative proposal to the bailout
« Reply #3 on: September 26, 2008, 12:34:33 AM »
Check the math. They're off by a few factors of ten.
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Amianthus

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Re: Alternative proposal to the bailout
« Reply #4 on: September 26, 2008, 01:15:15 AM »
Check the math. They're off by a few factors of ten.

$85B divided by 200M is about $425.

Pays my mortgage for a week.


Do not anticipate trouble, or worry about what may never happen. Keep in the sunlight. (Benjamin Franklin)