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AIG bailout, interesting alternative approach
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<blockquote data-quote="jer_stud56" data-source="post: 5016597" data-attributes="member: 542686"><p>Got this in an email. Good idea...</p><p></p><p><span style="font-size: 14px">I'm against the $85,000,000,000.00 bailout of AIG. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Instead, I'm in favor of giving $85,000,000,000 to America in a We</span></p><p></p><p><span style="font-size: 14px">Deserve It Dividend. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">To make the math simple, let's assume there are 200,000,000 bonafide</span></p><p></p><p><span style="font-size: 14px">U.S. Citizens 18+. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Our population is about 301,000,000 +/- counting every man, woman and</span></p><p></p><p><span style="font-size: 14px">child. So 200,000,000 might be a fair stab at adults 18 and up.. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">So divide 200 million adults 18+ into $85 billion that equals</span></p><p></p><p><span style="font-size: 14px">$425,000.00.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">My plan is to give $425,000 to every person 18+ as a We Deserve It</span></p><p></p><p><span style="font-size: 14px">Dividend. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Of course, it would NOT be tax free. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">So let's assume a tax rate of 30%. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Every individual 18+ has to pay $127,500.00 in taxes. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">That sends $25,500,000,000 right back to Uncle Sam.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">But it means that every adult 18+ has $297,500.00 in their pocket. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">A husband and wife has $595,000.00. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">What would you do with $297,500.00 to $595,000.00 in your family? </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Pay off your mortgage - housing crisis solved.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Repay college loans - what a great boost to new grads </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Put away money for college - it'll be there </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Save in a bank - create money to loan to entrepreneurs. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Buy a new car - create jobs </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Invest in the market - capital drives growth</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Pay for your parent's medical insurance - health care improves</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Enable Deadbeat Dads to come clean - or else</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Remember this is for every adult U S Citizen 18+ including the folks who</span></p><p></p><p><span style="font-size: 14px">lost their jobs at Lehman Brothers and every other company that is</span></p><p></p><p><span style="font-size: 14px">cutting back. And of course, for those serving in our Armed Forces.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">If we're going to re-distribute wealth let's really do it...instead of</span></p><p></p><p><span style="font-size: 14px">trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is</span></p><p></p><p><span style="font-size: 14px">being proposed by one of our candidates for President.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">If we're going to do an $85 billion bailout, let's bail out every adult</span></p><p></p><p><span style="font-size: 14px">US Citizen 18+!</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">As for AIG - liquidate it.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Sell off its parts.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Let American General go back to being American General.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Sell off the real estate. </span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Let the private sector bargain hunters cut it up and clean it up.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Here's my rationale. We deserve it and AIG doesn't.</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">Sure it's a crazy idea that can "never work."</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">But can you imagine the Coast-To-Coast Block Party!</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">How do you spell Economic Boom?</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">I trust my fellow adult Americans to know how to use the $85 Billion</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">We Deserve It Dividend more than I do the geniuses at AIG or in</span></p><p></p><p><span style="font-size: 14px">Washington DC</span></p><p></p><p><span style="font-size: 14px"> </span></p><p></p><p><span style="font-size: 14px">And remember, The Birk plan only really costs $59.5 Billion because</span></p><p></p><p><span style="font-size: 14px">$25.5 Billion is returned instantly in taxes to Uncle Sam. </span></p></blockquote><p></p>
[QUOTE="jer_stud56, post: 5016597, member: 542686"] Got this in an email. Good idea... [SIZE=14px]I'm against the $85,000,000,000.00 bailout of AIG. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Instead, I'm in favor of giving $85,000,000,000 to America in a We[/SIZE] [SIZE=14px]Deserve It Dividend. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]To make the math simple, let's assume there are 200,000,000 bonafide[/SIZE] [SIZE=14px]U.S. Citizens 18+. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Our population is about 301,000,000 +/- counting every man, woman and[/SIZE] [SIZE=14px]child. So 200,000,000 might be a fair stab at adults 18 and up.. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]So divide 200 million adults 18+ into $85 billion that equals[/SIZE] [SIZE=14px]$425,000.00.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]My plan is to give $425,000 to every person 18+ as a We Deserve It[/SIZE] [SIZE=14px]Dividend. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Of course, it would NOT be tax free. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]So let's assume a tax rate of 30%. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Every individual 18+ has to pay $127,500.00 in taxes. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]That sends $25,500,000,000 right back to Uncle Sam.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]But it means that every adult 18+ has $297,500.00 in their pocket. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]A husband and wife has $595,000.00. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]What would you do with $297,500.00 to $595,000.00 in your family? [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Pay off your mortgage - housing crisis solved.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Repay college loans - what a great boost to new grads [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Put away money for college - it'll be there [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Save in a bank - create money to loan to entrepreneurs. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Buy a new car - create jobs [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Invest in the market - capital drives growth[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Pay for your parent's medical insurance - health care improves[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Enable Deadbeat Dads to come clean - or else[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Remember this is for every adult U S Citizen 18+ including the folks who[/SIZE] [SIZE=14px]lost their jobs at Lehman Brothers and every other company that is[/SIZE] [SIZE=14px]cutting back. And of course, for those serving in our Armed Forces.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]If we're going to re-distribute wealth let's really do it...instead of[/SIZE] [SIZE=14px]trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is[/SIZE] [SIZE=14px]being proposed by one of our candidates for President.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]If we're going to do an $85 billion bailout, let's bail out every adult[/SIZE] [SIZE=14px]US Citizen 18+![/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]As for AIG - liquidate it.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Sell off its parts.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Let American General go back to being American General.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Sell off the real estate. [/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Let the private sector bargain hunters cut it up and clean it up.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Here's my rationale. We deserve it and AIG doesn't.[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]Sure it's a crazy idea that can "never work."[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]But can you imagine the Coast-To-Coast Block Party![/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]How do you spell Economic Boom?[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]I trust my fellow adult Americans to know how to use the $85 Billion[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]We Deserve It Dividend more than I do the geniuses at AIG or in[/SIZE] [SIZE=14px]Washington DC[/SIZE] [SIZE=14px] [/SIZE] [SIZE=14px]And remember, The Birk plan only really costs $59.5 Billion because[/SIZE] [SIZE=14px]$25.5 Billion is returned instantly in taxes to Uncle Sam. [/SIZE] [/QUOTE]
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