New plan for AIG
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 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
I like the We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC.
And remember, My plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.
Rating:3.00
Comments
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1
OP for President!
Posted 1 month ago | Report
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2
The problem is, prices on everything would rise ridiculously and 50% of the folks that received the stimulus would be broke again in 5 years.
That being said, it's still better than the govt idea.
Bravo man!
Posted 1 month ago | Report
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3
Only problem is, none of this bailout money actually exists. It is just being borrowed from our kids and grandkids and piled on top of the trillions that this country is already in debt. Speaking of which, I read today that this government is now purchasing currencies of other countries on the order of 30+ billion dollars; countries like Denmark, Switzerland, and Japan. Why is our government suddenly in an all-fire hurry to acquire other currencies? Could it be that they are anticipating a massive devaluation?
Posted 1 month ago | Report
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4
While that might be a good idea, our govt will never let it happen. They didn't even want us to get that whopping $300 in Bush Money this summer, they fought for months over that idea.
Posted 1 month ago | Report
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5
They tried this trickle down shit decades ago, it didn't work then, it WILL NOT work now
Posted 1 month ago | Report
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6
Your math is wrong, its only 425 bucks per person.
Posted 1 month ago | Report
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7
In a perfect world this would work, however, people are stupid with their money. They'd get that and instead of paying off their bills they'd go buy more shit they don't need.
Americans need to quit consuming shit they don't need. Quit thinking life is lived off credit. If you can't afford it, don't buy it.
#2 is right, prices would sky rocket. The market will always find a way to make people live outside their means. Having a credit system as abundant as ours is what causes people to live out of their means in the first place and it allows merchants to hike costs.
Quit using credit! get a damn piggy bank for god sake.
Posted 1 month ago | Report
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8
I think this is the way to go. There is no reason to underwrite the excesses of people who should have been regulated all along when we can give it to ourselves instead. It makes perfect sense that, if we are going to do something patently absurd, then we the not wealthy should benefit most, and for once in our lives have more than we need. I carry no debt, but I'm not big in Bush's
"ownership society." I work hard and save for what I want. Credit, and select socially critical industries like energy and health amongst others must be regulated again. Anyone who claims lack of incentive because the multi million bonus is gone can be shot by firing squad as a traitor to human values.
Posted 1 month ago | Report
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9
Maybe we should just say "Hey, let it all go. Forgive it all. Start over tomorrow like we each had 150,000 to our name. Hell, the whole financial world has become a fantasy land of complete fiction, so it might as well profit me. And I'm all for a purge of the excessive lifestyles, which are tasteless in these needful times
Posted 1 month ago | Report
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10
Can you please run next time? Oh, wait you think. Never mind.......
Posted 1 month ago | Report
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11
LMFAO. That huge well thought out post was all a waste of time because #6 is right. If you divide $85 billion up evenly among 200 million people, each one would get $425.
D'oh! I think you need a better calculator.
Posted 1 month ago | Report
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12
The two commenters that suggested that the OP run for President are the precise reason most people shouldn't be allowed to vote. They vote for people without taking the time to check the facts and in this case would have voted for someone that promised them 1000 times more than they would have gotten.
Posted 1 month ago | Report
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13
I think he copied and pasted that shit.. I got it in an email the other day. Nice try OP
Posted 1 month ago | Report
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14
Well, if that's the case #13, I wonder how many idiots don't notice that the math is way the hell off? lol
Posted 1 month ago | Report
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15
That's about right #14.... Typical American Economics.. The math is always wayyy off.. LOL
Posted 1 month ago | Report
1
OP for President!Posted 1 month ago | Report
2
The problem is, prices on everything would rise ridiculously and 50% of the folks that received the stimulus would be broke again in 5 years.That being said, it's still better than the govt idea.
Bravo man!
Posted 1 month ago | Report
3
Only problem is, none of this bailout money actually exists. It is just being borrowed from our kids and grandkids and piled on top of the trillions that this country is already in debt. Speaking of which, I read today that this government is now purchasing currencies of other countries on the order of 30+ billion dollars; countries like Denmark, Switzerland, and Japan. Why is our government suddenly in an all-fire hurry to acquire other currencies? Could it be that they are anticipating a massive devaluation?Posted 1 month ago | Report
4
While that might be a good idea, our govt will never let it happen. They didn't even want us to get that whopping $300 in Bush Money this summer, they fought for months over that idea.Posted 1 month ago | Report
5
They tried this trickle down shit decades ago, it didn't work then, it WILL NOT work nowPosted 1 month ago | Report
6
Your math is wrong, its only 425 bucks per person.Posted 1 month ago | Report
7
In a perfect world this would work, however, people are stupid with their money. They'd get that and instead of paying off their bills they'd go buy more shit they don't need. Americans need to quit consuming shit they don't need. Quit thinking life is lived off credit. If you can't afford it, don't buy it.
#2 is right, prices would sky rocket. The market will always find a way to make people live outside their means. Having a credit system as abundant as ours is what causes people to live out of their means in the first place and it allows merchants to hike costs.
Quit using credit! get a damn piggy bank for god sake.
Posted 1 month ago | Report
8
I think this is the way to go. There is no reason to underwrite the excesses of people who should have been regulated all along when we can give it to ourselves instead. It makes perfect sense that, if we are going to do something patently absurd, then we the not wealthy should benefit most, and for once in our lives have more than we need. I carry no debt, but I'm not big in Bush's "ownership society." I work hard and save for what I want. Credit, and select socially critical industries like energy and health amongst others must be regulated again. Anyone who claims lack of incentive because the multi million bonus is gone can be shot by firing squad as a traitor to human values.
Posted 1 month ago | Report
9
Maybe we should just say "Hey, let it all go. Forgive it all. Start over tomorrow like we each had 150,000 to our name. Hell, the whole financial world has become a fantasy land of complete fiction, so it might as well profit me. And I'm all for a purge of the excessive lifestyles, which are tasteless in these needful timesPosted 1 month ago | Report
10
Can you please run next time? Oh, wait you think. Never mind.......Posted 1 month ago | Report
11
LMFAO. That huge well thought out post was all a waste of time because #6 is right. If you divide $85 billion up evenly among 200 million people, each one would get $425.D'oh! I think you need a better calculator.
Posted 1 month ago | Report
12
The two commenters that suggested that the OP run for President are the precise reason most people shouldn't be allowed to vote. They vote for people without taking the time to check the facts and in this case would have voted for someone that promised them 1000 times more than they would have gotten.Posted 1 month ago | Report
13
I think he copied and pasted that shit.. I got it in an email the other day. Nice try OPPosted 1 month ago | Report
14
Well, if that's the case #13, I wonder how many idiots don't notice that the math is way the hell off? lolPosted 1 month ago | Report
15
That's about right #14.... Typical American Economics.. The math is always wayyy off.. LOLPosted 1 month ago | Report
