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: 07-23-2008
Wed, 09-24-2008 - 3:11pm
No I agree that being given $425 would definitely be helpful! I guess I was just saying that it wasn't a lot compared to $425,000. The first time I read through that email I was like - right on! But then I was like, wait a minute. Those numbers don't add up. I definitely think the economy as a whole will do better with the bailout than $425 for every American though - I'm still not happy about it, but it'll be better.




~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 3:13pm
Sorry - I wasn't trying to imply it was your math!! I actually was kind of excited about the prospect of a $100,000+ check arriving in my mailbox when I 1st read it :-)




~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 03-19-2003
Wed, 09-24-2008 - 3:14pm

life is much happier if you go with the first thought and just give it a giggle instead of overthinking ;-)


when it's something that doesn't matter of course


oh well

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iVillage Member
Registered: 07-23-2008
Wed, 09-24-2008 - 3:17pm
I know - you sound just like my husband. I'm a scientist though so I can't help it :-)




~Ashley~




pregnancy week by week







~Ashley~

Lilypie 1st Birthday Ticker

iVillage Member
Registered: 07-05-2006
Wed, 09-24-2008 - 3:29pm

LOL!

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iVillage Member
Registered: 08-30-2004
Wed, 09-24-2008 - 3:35pm

Wow, can you even imagine??

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iVillage Member
Registered: 08-30-2004
Wed, 09-24-2008 - 3:39pm

Exactly - the thought of it got me so excited I didn't even think about it.

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iVillage Member
Registered: 08-25-2008
Wed, 09-24-2008 - 3:41pm

Actually, Dennis Kucinich proposed something, and though I never thought I'd agree with the little Martian on anything, I rather like this idea:


1.

iVillage Member
Registered: 07-05-2006
Wed, 09-24-2008 - 3:46pm

The government immediately takes that equity and either as part of a mutual fund, or as individual shares, distributes that to the people.

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iVillage Member
Registered: 03-19-2003
Wed, 09-24-2008 - 4:07pm
I could work for fun.....and not worry about the paycheck!!