Alternative to bail out plan

InkaRoads

cronopiador
I know you might be questioning, what relation is there between PP and the Bail out plan, well just read along and you might end up with a new home in PP!!!!

Here's a new twist on our financial crisis..
I'm against the $85,000,000,000 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.
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 in their pocket. A husband and wife has $595,000.
What would you do with $297,500 to $595,000 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 $1000.00 ('vote buy') economic incentive that is being proposed by one of our candidates for President.
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.

Ahhh...I feel so much better getting that off my chest.
Kindest personal regards, a Creative Guy & Citizen of the Republic.

PS: Feel free to pass this along to your pals as it's good for a laugh since it might never happen at least lets laugh!! :lol: :lol: :lol: :lol: :lol: :lol:
 

InkaRoads

cronopiador
Well, another way the language barrier comes to play, I was using the system utilized in most of the world were a billion is a trillion in the american system of large numbers, mmmm confusing!!!
the system of large numbers :

Number of zeros American system Other countries
3 Thousand Thousand
6 million million
9 billion 1000 million (1 milliard)
12 trillion billion
15 quadrillion 1000 billion

and so on so I guess somewhere there I missed a zero when checking the numbers or omitted a zero, I blame my sister, she sent it to me :lol: :lol: :lol: :lol: :lol: :lol:

funny when I do the "editing" the above table shows all the numbers aligned? but when "submit" takes place it goes out of whak!!! :eek3:
ernesto since you are a math guy you should know what I am reffering to!!!
 
A

azbeachboy

Guest
I was going down this weekend but work called... I will be down for Halloween,Veterans Day and our big Thanksgiving party!!!!
 
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