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Best bailout plan I've heard yet

Discussion in 'Political Discussion' started by JLC, Sep 29, 2008.

  1. JLC

    JLC Rookie

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    A friend forwarded this to me. It's the only one I like so far. :singing:

    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 $425,0 00 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.
    0ABuy 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=E 2t.
    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=20 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. [FONT=&quot]

    [/FONT]
    A plan I can live with... :banned:
  2. IcyPatriot

    IcyPatriot ---- JAG ----- PatsFans.com Supporter

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    #87 Jersey

    Last edited: Sep 29, 2008
  3. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    I think the math is rather far off. It would give each person $425, still a nice enough sum, but not the generous sum of the original math.
  4. MrBigglesWorth

    MrBigglesWorth Rookie

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    isn't this the econonic stimulus plan?

    that was genius:rolleyes:

    let me buy shares at discounted price in AIG or other companies
    • Like Like x 1
  5. JLC

    JLC Rookie

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    Apologies - didn't look hard enough. How bad a deal is it be beaten to the punch by Harry?! :eek: :D
  6. IcyPatriot

    IcyPatriot ---- JAG ----- PatsFans.com Supporter

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    #87 Jersey

    Harry is as sharp as a tack ... he just has a few people fooled by the ruse. ;):p
  7. fleabassist1

    fleabassist1 Rookie

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  8. Patsfanin Philly

    Patsfanin Philly Rookie

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    Math error alert

    Go to that button that says calculator on your computer and hit it.. Your dividend would be a whopping $425, not 425K....

    Put another way 200million x5 is a billion
    5 x 85 is 425..........

    A whopping $425 dividend

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