More politicking
Sep. 25th, 2008 01:02 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
jeanvieveInstead of an AIG buyout... (stolen from the internet)
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 bonifide 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. (Jeannie's input - I vote for 18+ and registered to vote.)
So divide 200 million adults 18+ into $85 billon that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a "We Deserve It
Dividend". (This guy can't do math, it's $425 per person, however that number will be higher once we discount those that are not here legally, nor involved in our country enough to vote.)
Of course, it would NOT be tax free. S o 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. (See above)
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. (Bah. But catch up on payments in time to refinance to fixed rate.)
Repay college loans, what a great boost to new grads
Put away money for college, it'll be there (Whole life insurance policy?)
Save in a bank, create money to loan to entrepreneurs.
Buy a new car, create jobs
Invest in the market, capital drives growth (401k accounts for all!)
Pay for your parent's medical insurance, health care improves
Enable Deadbeat Dads to come clean, or else (I vote for deadbeat dads it goes straight to the moms.)
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 t o 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+! (That's legal and registered to vote!! -J)
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 never work. Maybe???
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 I do the geniuses at AIG or in Washington DC.
(From "The Birk Plan")
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 bonifide 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. (Jeannie's input - I vote for 18+ and registered to vote.)
So divide 200 million adults 18+ into $85 billon that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a "We Deserve It
Dividend". (This guy can't do math, it's $425 per person, however that number will be higher once we discount those that are not here legally, nor involved in our country enough to vote.)
Of course, it would NOT be tax free. S o 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. (See above)
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. (Bah. But catch up on payments in time to refinance to fixed rate.)
Repay college loans, what a great boost to new grads
Put away money for college, it'll be there (Whole life insurance policy?)
Save in a bank, create money to loan to entrepreneurs.
Buy a new car, create jobs
Invest in the market, capital drives growth (401k accounts for all!)
Pay for your parent's medical insurance, health care improves
Enable Deadbeat Dads to come clean, or else (I vote for deadbeat dads it goes straight to the moms.)
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 t o 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+! (That's legal and registered to vote!! -J)
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 never work. Maybe???
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 I do the geniuses at AIG or in Washington DC.
(From "The Birk Plan")
![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
OMG AWESOME!
Date: 2008-09-25 08:57 pm (UTC)Unless his math is wrong. I think $85 billion divided by 200 million is only $425. $5 to every adult in America would be roughly $1 billion.
Watch now as I re-post this to my LJ.
Re: OMG AWESOME!
Date: 2008-09-26 12:05 am (UTC)If everyone has 200k we experience hyper inflation. Rhetorically, do you think the price of a house will remain 200k if everyone can instantly buy one up?
No, the house prices instantly go up by 200k, or 180k, or 300k arbitrarily. Up up up, though!
Some business will respond quickly, others slowly (perhaps painfully.) Price fixing will be rampant. Money will shift around rapidly, and it will mostly go to the people paying the most attention to price fluctuation (most likely the people who have all the money already...)
I could go on, but you start to get the idea.
no subject
Date: 2008-09-25 09:24 pm (UTC)