Generally speaking when I get these kind of things I just trash them, but this one stands out because there is a very basic problem with it Of course I know it isn’t going to happen but It should stand to remind you all that this is OUR money.
The government does not have any money other than what it takes from you and me at gunpoint.
Ok now lets see who can spot the flaw in this scheme….anyone? anyone? JimmyD?
THIS IS A REAL DAY DREAM!!!!!!!!!!!!!!!!!!
I’m against the $85,000,000,000.00 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 billion 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.
Buy a second home – stimulate the economy
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Pay off credit cards – more disposable income to invest or purchase
goods and services – stimulate the economy
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.
One Response
Dude! Are you crazy? You can’t give that much money to every 18+ citizen. Most of them wouldn’t know what to do with it. You put that much money in the pockets of that many people–especially all those poor, underprivileged, inner city types–and you’re gonna be financing anarchy! C’mon. All “those people” are gonna do is buy drugs and booze and finance criminal enterprises. Lord knows we can’t let that happen! Only rich people know how to responsibly handle that kind of dough. You know, cuz rich people don’t drink booze or do drugs and they ESPECIALLY don’t engage in criminal enterprises and… Wait. It was criminal enterprises that got us here, huh. Hmmm… n/m