Thread: Bail us out not them !
November 7th, 2008, 07:14 PM #1
Bail us out not them !
It would never happen, but it's an interesting concept.
I'm against the $85,000,000,000.00 bailout of AIG.
I'm against the upcomming 700Billion to 3 Trillion bailout of wallstreet.
Instead, I'm in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.
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 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 Birk 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.To make the math simple, let's assume there are 200,000,000
Kindest personal regards,
BirkLifes too short to drink cheap beer
November 7th, 2008, 09:24 PM #2
- Join Date
- Feb 2007
- Hueco Mundo
- Blog Entries
I would spend $50,000 on guns and ammunition, $10,000 on Anime, 10,000 on a 72" LCD TV/Game/Game consoles, 10,000 on a computer, 10,000 to various charities, 10,000 on a nice flat bed trailer, 50.000 on a Truck & Pinzgauer/Unimog (truck to tow trailer /w Unimog/Pinzgauer on it), then the rest idk....
But I think it's a horrible idea to give the money to anyone including myself, and the companies..
Last edited by Shipuuden; November 7th, 2008 at 09:26 PM.
November 7th, 2008, 10:36 PM #3
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- Joplin, MO
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if you gave everyone that much money the cost of a burger at McDonalds would go to twenty bucks. It's a horrible idea. The government shouldn't give that sort of money to anyone.Good job, friend-of-friends!
November 7th, 2008, 10:50 PM #4
The next stimulus plan should be spent on infrastructure. This is part of Obama's plan and it would indeed create jobs. If Bush doesn't put out a stimulus plan, and leaves it to Obama, he better not send out checks...otherwise, that's another promise unfulfilled, another lie told, another misleading policy by Obama.
November 7th, 2008, 11:02 PM #5
Unless my calculator is wrong, the payout would only be $425 dollars per person at 18+. Definitely not $425,000.The timing of death, like the ending of a story, gives a changed meaning to what preceded it. -Mary Catherine Bateson-
November 7th, 2008, 11:33 PM #6They say technology slows down for no one. I know it outruns my wallet. I figure its because my wallet isn't light enough yet.
TechIMO Folding@home Team #111 - Crunching for the cure!
dulce bellum inexpertis
November 9th, 2008, 02:41 AM #7
Instead of giving money back to us just cut the bat crap out of taxes, and let us keep the money.But a Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.-John Adams
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