Skip to main content
index page

brilliant idea INSTEAD of paying AIG, pay US!

Submitted by smo65d11 on Thu, 09/25/2008 - 12:02
Posts: 1467
Credits:
[Donate]

from a friend...

"This idea sounds just crazy enough to possibly work, so
naturally it won't be given serious consideration. How
great is our bureaucracy!!

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.

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, This 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.




PS: Feel free to pass this along to your pals as it's
either good for a laugh or a tear or a very sobering thought
on how to best use $85 Billion!!"


I heard on the radio the other day that this is a hoax email, the math part anyway. They said that #1 most calculators can't work out the numbers, so people don't bother to check it, and #2 they put the numbers at the beginning, and then a lengthy email behind, so even if people DID have the ability to check the figures, they are less likely to do so. They said the actual amounts worked out to be less the 3 zeros ... $425 instead of $425,000 etc.


Submitted by smo65d11 on Fri, 10/03/2008 - 07:03

smo65d11

( Posts: 1467 | Credits: )


Im not sure about this... i mean it sounds amazing and i would love to see that happen because when i heard about the AIG deal with all that money bailing out a company with over $500 million dollars in bonuses.. i wanted to cry and then slap our government in the face.

But about this post, it may be a hoax... because no one is really going to take the time to test the math that is enclosed in it... Although now that its mentioned i would love to take the time and figure it out for myself...although calculators cannot do the math with all the huge numbers, and im sure my brain cant either... so i just proved the above statement to be true. :D


Submitted by abbytroyer52107 on Sat, 11/15/2008 - 08:38

abbytroyer52107

( Posts: 13 | Credits: )


Jesus...It's not nice for the Son of God to talk that way.....Jesus Drivel Deleted - ND


Submitted by on Wed, 02/18/2009 - 11:33

( Posts: 202330 | Credits: )


i heard a while back that the bailout policy could have paid every person in americas mortage and ones without, a home. its a amazing what that could have done for the economy. but hey, why would they want to do something like that for???

I promise that if i recieve my 595,000 i would surely buy some stuff to help boost the economy! cant say that about my extra 13 dollars a week.


Submitted by love_my_things on Mon, 03/23/2009 - 07:09

love_my_things

( Posts: 1434 | Credits: )


Like I said, it is something that is simple and the government has to make things complicated. Now it has to go through and try to get things staighted out where that company has paid out those big bonuses.

I know if i had received that much money, I would surely pay off my house, my car and everything else that I needed to pay off. You know if people were able to pay stuff off that it would jump start the economy, but the idea is too simple.


Submitted by 2nband on Mon, 03/23/2009 - 09:28

2nband

( Posts: 2277 | Credits: )


that amount of money would pay off everything in our name plus leave about 550,000 or so left over. you bet your butt i would be buyin myself a new washer and dryer top of the line, rebuild my porch thats falling off, replace my last 4 windows that need replaced, and put on some nice siding on my house. Im guessin i would still have about 500,000 left. I would have no issues doing my "part" to help jump start the economy. Im sure everyone else would too. but that would make sense ya know. If i wouldnt have bills, i would be spending alot more and so would everyone else.

bea2ls, i know but its nice to dream! i will be dreaming of our 595,000 bailout check that will be arriving soon in my mailbox, oh the things i could get done! things i could do! its nice to dream!


Submitted by love_my_things on Tue, 03/24/2009 - 06:55

love_my_things

( Posts: 1434 | Credits: )


Counting 4 failed presendients leaders of our great AMERICIAN!!! way of life our forefathers and mothers and kids they still think or dont think > our goverment> that we the people are still paying for their incompetence and will have too thru generations too come.We all will not have a say in this type AGI/ power and special interest assholes. We he people and the fruits of our labors are their power= money


Submitted by on Sat, 11/28/2009 - 10:11

( Posts: 202330 | Credits: )