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Better Plan
Tuesday, 27 January 2009
A better Plan For the Bailout

     Author Unknown

   I'm against the $85 BILLION bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America's in a "We Deserve It" dividend.  To make the math simple, let's assume there are 200,000,000 bona-fide U.S. citizens, aged 18+.

 

 Our population is about 301 million counting every woman, man, and child. So, 200,000,000 might be a fair stab at adults 18 and up.  Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each!  Yes, my plan is to give that $425,000 to every adult as a "We Deserve It" dividend. 

 

 

Of course, it would NOT be tax free.  So, let's assume a tax rate of 30%. Everyone would pay $127,500.00 in taxes.  That sends $25.5 Billion right back to Uncle Sam!  It also means that every adult 18+ has $297.500.00 in their pocket.  A husband and a wife would have $595,000.00!

 

What would you do with $297,500.00 to $595,000.00?

 

Pay off your mortgage - Housing crisis solved.

Repay college loans - What a great boost to new grads.

Put away money for college - It'll really be there.

Save in a bank - Create money to loan to entrepreneurs.

Open a business - Create jobs.

Buy a new car - Support all the entities that go with that.

Invest in the market - Capital drives growth.

Pay for your parent's medical insurance - Health Care improves.

Enable deadbeat parents to come clean or else.

 Remember this is for every adult U.S. citizen, 18 and older (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 1,000.00 "economic incentive".

 

 

If we're going to do an $85 BILLION bailout, let's BAILOUT Every adult U.S. citizen!

 

As for AIG - Liquidate it.

The employees would have Their share of the "We Deserve It" dividend!

Sell off it's 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.

 

We deserve the money and AIG doesn't.  Sure it's a crazy idea, but can you imagine the coast-to-coast block party Spending spree?!

 

How do you spell Economic Boom? W-e  D-e-s-e-r-v-e  I-t  D-i-v-i-d-e-n-d!    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 most of the heads in Washington, D.C..

 

And remember, my plan only really costs $59.5 billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.  Good Idea?  I think so.

 

So, Ladies at The View; Please Pass this on to our New President!


Posted by betterplan at 6:38 AM EST
Updated: Tuesday, 27 January 2009 7:54 AM EST
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