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
the "We Deserve It" dividend.
To make the math simple, let's assume there are 200,000,000
bona fide 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.
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 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500 in their pocket. A husband and wife has $595,000.
What would you do with $297,500 to $595,000 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 that puny economic incentive they did a while back.
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.
I trust my fellow adult Americans to know how to use the $85,000,000,000 "We Deserve It" dividend more than the geniuses at AIG or in Washington DC.
And remember, the "We Deserve It" plan only really costs $59,500,000,000 because $25,500,000,000 is returned instantly in taxes to Uncle Sam.
Instead, I'm in favor of giving $85,000,000,000 to America in
the "We Deserve It" dividend.
To make the math simple, let's assume there are 200,000,000
bona fide 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.
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 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500 in their pocket. A husband and wife has $595,000.
What would you do with $297,500 to $595,000 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 that puny economic incentive they did a while back.
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.
I trust my fellow adult Americans to know how to use the $85,000,000,000 "We Deserve It" dividend more than the geniuses at AIG or in Washington DC.
And remember, the "We Deserve It" plan only really costs $59,500,000,000 because $25,500,000,000 is returned instantly in taxes to Uncle Sam.
