I saw this on Dana's blog and had to steal it! Not sure who originally wrote it, but what a great idea!!!!
It MUST be more complicated than this, but damned if I can see how this wouldn't be better than the current gov't thinking….
I'm
against the $85 BILLION 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 bona fide U.S.
citizens, aged 18+.
Our population is about 301 million
counting every man, woman and child. So, 200,000,000 might be a fair
stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85
billon – that equals $425,000.00 each! Yes, my plan is to give that
$425,000 to every adult as a "We Deserve It" dividend.
Of
course, it would NOT be tax free. So, let's assume a tax rate of 30%.
Every would pay $127,500.00 in taxes. That sends $25.5 billion right
back to Uncle Sam! It also means that every adult 18+ has $297,500.00
in their pocket. A husband and wife would have $595,000.00!
What would you do with $297,500.00 to $595,000.00?
· Pay off your mortgage – housing crisis solved
· Repay college loans – what a great boost to new grads
· Put away money for college – it'll really 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 and older (including the folks
who lost their jobs at Lehmann 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 $1,000.00 ("Republican vote buy") economic
incentive.
If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!!
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.
We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!
How
do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! 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, D.C. .
And remember, The Birk plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.
all i can say is ugh…
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That would be effing sweet…
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Can I just add one thought to you idea? Perhaps Franklin Raines could throw his $90 million into the pool, then we could divide that up too! lol
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I’m up for that! They need to hire that dude to fix the economy!
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While I don’t claim to know it all (or know anything, for that matter) I think it would be awesome to have the money in my pocket – however, I think there are probably some damn good reasons they haven’t done this yet… and probably never will. :(
Too bad being greedy is so easy!
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I LIKE IT! Hey, it may not be totally practical, but I STILL LIKE IT! Sign me the fuck up for that! :)
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Sounds like a plan to me. Why not bail out 200,000,000 people instead of 1 company?
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Word, sista!
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I THINK THIS IS A SOUND ECONOMICAL PLAN HOWEVER THER IS ONE ISSUE THAT I THINK WOULD HELP THIS PLAN 18 YEARS OLD HAS DONE ALMOST NOTHING IN THE WAQY OF PRODUTION TO THIS COUNTRY NOR SHOULD COLLEGE STUDENTS SINCE THERE EDUCATION WILL PROVIDE THEM WITH THEIR INCOME NOR SHOULD ANY OTHER NON PRODUCING CITIZENS GET THAT MUCH OF THE MONEY ON ALL OTHER POINTS WELL RECIVED AND THERE IS ONE MORE THE FEW INDIAN NATION LEFT IN THIS COUNTRY SHOULD GET WHAT THE ABOVE MENTION WOULD GET MAYBE YOU DON’T KNOW THAT THEY STILL NEGLECT OUR PEOPLES TO THIS DAY WE SHOULD BE FIRST IN LINE WOULDN’T YOU THINK? I DON’T HAVE ALL THE ANSWERS HOWEVER I LIKE YOU MESSAGE OR PLAN AT THE BASIC CORE IT IS REALLY A REALIST GOAL
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