Bail out email I thought I'd share

iVillage Member
Registered: 03-19-2003
Bail out email I thought I'd share
28
Wed, 09-24-2008 - 2:50pm

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.
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 compan y
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 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 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 the geniuses at AIG or in Washington DC .


And remember, The Family pla n 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

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iVillage Member
Registered: 07-05-2006
Wed, 09-24-2008 - 2:52pm

LOL!

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iVillage Member
Registered: 03-19-2003
Wed, 09-24-2008 - 2:53pm
I could pay off all my debts and still boost the economy by having a little shopping spree ;-)

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iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 3:01pm

Um I think you need to check your math... 85 billion = 8.5x10^10 while 200 million = 2x10^8

So:

8.5x10^10
-------------- = $425.00
2x10^8

Now, you could have a block party with that - sure, but not a very big one! Also 500 bucks wouldn't really help someone who lost their job.

I'm not happy about the bailout either, but $425.00 is just not a lot of money KWIM?





~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 12-10-2007
Wed, 09-24-2008 - 3:02pm

<>


It is to some of us!

iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 3:03pm
Oh wait - I forgot about the tax part! So you'd actually only get $297.50.




~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 3:04pm
Sure - but it wouldn't make much of a dent if you lost your job and it's a FAR cry from the $425,000 quoted by the pp.




~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 12-10-2007
Wed, 09-24-2008 - 3:06pm

<<Sure - but it wouldn't make much of a dent if you lost your job and it's a FAR cry from the $425,000 quoted by the pp.>>


My only point was that yes, it's a lot to some of us. I'm not proposing that should have been done vs. what HAS been done.


And this is exactly why I delete all those stupid forwarded emails! :-)

iVillage Member
Registered: 03-19-2003
Wed, 09-24-2008 - 3:06pm

umm not my math ...as the title says, it's an EMAIL I thought I'd share ....


to lighten things up, give a giggle ....

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iVillage Member
Registered: 12-10-2007
Wed, 09-24-2008 - 3:10pm

Whatever. Just admit it. You made it up, and you're a horrible mathametician!! :) (and I think I'm a horrible speller b/c I'm pretty sure I didn't spell that right!)


:-)

iVillage Member
Registered: 03-19-2003
Wed, 09-24-2008 - 3:11pm

wonder if that is why my checking account is all screwed up??


ummmm

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