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September 30, 2008Can’t say it’s the best ad out there. Once you start throwing these giant numbers out, numbers which very people in the world even understand, the value of the dollar is lost.
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If you want the whole list of how every Rep voted check my site. SandySays1.wordpress.com
I’ve been thinking and have decided I’m against
the $85,000,000,000.00 bailout of AIG.
Instead, I suggest giving $85,000,000,000
to American’s in a “We Deserve It” dividend.
To make the math simple, let’s assume there
are 200 million bonafide U.S. citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child and 200,000,000 is a pretty close ballpark number of 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
and over 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 over 18 would pay $127,500.00
in taxes.
That will send $25,500,000,000 right back to Uncle Sam.
But it also means that every adult over 18
now has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
So here’s the question:
What would you do with $297,500.00 to $595,000.00 ?
Would you pay off your sub-prime mortgage? >> Housing crisis solved.
Repay college loans? >> What a great boost to new grads.
Would you put away money for your children’s college? >> Now it’ll be there when you need it.
Would you save it in a bank? >> That will create money to loan to entrepreneurs.
Would you max out your HSA? >> That would be smart.
Would you buy a new car? >> That will create jobs.
Invest in the stock market? >> That means capital driven growth.
Buy health insurance? >> That’s 48 million newly protected Americans who can now afford to see a doctor before a $200 office visit turns in to a $100,000 hospital bill which goes unpaid.
Would you buy “stuff” you’ve always wanted? >> That will channel sales tax dollars right back in to your state comptrollers budget.
Remember this is for every adult U.S. citizen 18 and over including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back.
And while we’re at it, let’s give those serving in our Armed Forces a 150% “We Sure the Heck Deserve It” dividend, and if they’re a wounded Vet, waive
the damn taxes.
Look, if we’re going to re-distribute wealth,
let’s really do it, instead of trickling out
a puny $1000.00 economic incentive.
If we’re going to actually DO an $85 billion bailout,
let’s bail out every adult U.S. CITIZEN, and in turn, let every American citizen distribute the funds right back in to our economy.
As for AIG – give the execs their walking papers, put them in hadcuffs and liquidate it all.
Sell off its parts.
Let American General go back to being American General.
Sell off all 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, period.
Sure it’s a crazy idea that can “never work.”
But we can all agreee, that, my friend, is how do you jump start a sluggish economy.
I trust my fellow Americans will know how to use the $85 billion
without government intervention.
“We Deserve It” more than the geniuses at AIG or the do nothing politicians in Washington DC .
And remember, my bailout plan’s bottomline is $59.5 billion because
$25.5 Billion is returned instantly in taxes to Uncle Sam.
I feel better getting that off my chest.