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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 billon 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.
>
> 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.” 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 . And remember, The Birk plan only really
> costs $59.5 Billion because $25.5 Billion is returned
> instantly in taxes to Uncle Sam.