Monday, September 29, 2008

“Financial Bailout Deal Fails 205-228

If it could only be this easy…

Here is a solution that is circulating the internet:
> Hi Pals,
> 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.


Woozie said...

A good day to propose giving 18+ citizens $300k a piece.

Raspootin said...

why yes imagine that as a birthday present!

yellowdog granny said...

but it's 700 million dollars, so we would actually get more...i like this plan

Raspootin said...

I like it too, ( the above plan) especially as Woozie would be benefited now he is 18)
sorry W dont think yall deserve as much as me because you have not yet put anything in - but like flat tax it will never happen.

I lost a ton on paper today, but think the right decision for many wrong reasons was made.

Nancy P aint my fav, but her speech was honest non partisan and to the point.

Why she did not allow the Repubs in to hear her "thought process" is beyond me as I think she might have gotten even more than the 2/3 Repubs that voted Nay.

'bout all I can say today, tomorrow will be worse when the foreign markets open.

good god talk about to hell in a hand basket and that would be the present administration.

Shame on them.