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Do you like this idea for a “bail-out” plan?



I got this email yesterday and thought it was a GREAT idea! What do you think?:

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 bona fide U.S. Citizens 18 and over. 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 and up into $85 billion that equals $425,000.00.

My plan is to give $425,000 to every person 18 and up 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 and up 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 and up 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 and up 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 $1,000.00 ( “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 US Citizen 18 and up!

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.

Come on people…this was JUST FOR FUN! Geesh…you would think this forum was to be taken seriously or something! lol

http://www.freedownloadscenter.com/Search/email_marketing.html

Do you agree Main Street also need a bailout?



If Greedy Wall Street, the creators of our present economic mess are being bailout by the Government, then it only makes sense for Main Street/Middle Class Taxpayers who will foot the $700 billion to also get some sort of bailout. After all, greedy wall street made millions in all the bad mortgage backed securities, CDOs, derivatives, credit swaps etc thus whether they are bailed out or not, it will still be a win situation for them.
On the hand, hardworking middle class have lost half of their life savings, 401k, have to prolong their retirement years, have to take second jobs to cover their health care cost and tuition for their children…this absolutely doesn’t make sense!

For the bailout to work and directly impact the financial system, I propose 1/4th of the $700 billion to be given to main street in these forms:
a) another round of rebate check, so people can buy gifts for their family during the holidays which will raise revenues for retail shops;
b) get two months relief from paying mortgages and rent, so that good citizens who with hard work have not defaulted their mortgage payments will be rewarded and in the end it will help these same mortgage companies that will are trying to bail out to reduce the number of default payments;
c) tax credit for everyone so that families can regain back some of their 401k savings that they’ve lost on the stock market;
d) 1 year tuition re-reimbursement, zero percent loans for college and graduate schools to encourage people with dead-locked jobs to pursue other careers that can lift them up to upper middle class level and help them compete globally and chase good jobs in China, India and Europe;

e) Relief for people who pay live in States that pay “Vehicle Tax”, zero percent auto loans or rebate checks for people to pay their next car insurance.
f) Since the CEO’s outrageous salaries will be reduced, it is only fair for that surplus to be used to raise hardworking employees’ salary to 7%-10% annually against inflation. The current 3%-5% annual increases is ridiculous especially when few people are given based on office politics while senior management get millions in bonuses, free jet flights, re-reimbursement for the luxurious trips and lunches.

Again, Main Street need a break, even if the $700 bailout is given to Wall Street, they will still squander it and buy more corporate jets, big mansions in cayman island, Bahamas, Hawaii, Bermuda and purchases of islands in Dubai and the Carri beans. Rather , when the money is given to main street, the money will have “IMMEDIATE, DIRECT on our financial system to stimulate the economy since it will be locally used to pay bills, spent on gas and Christmas shopping. Please petition to your local Government Reps so Main Street, the innocent people will also be bailed out!!

From a distressed Citizen looking for sponsorship for graduate school!! Email if you are rich and can help, our beautiful mighty country, America belongs to all of us.

A REAL issue for McCain and Obama - who has a better plan for the economy (stock market specifically)?



I know everyone wants to talk about Obama’s middle name, dissect what his wife or his pastor said, or McCain’s houses or Palin’s *** talk with her daughter or her email password. But I’m going to step away from those vital national issues for a moment and talk about a minor issue of our economy.

McCain - standard Republican stance is deregulation and let free market do its thing. He’s been quoted with “I’m always for less regulation, but I am aware of the view that there is a need for government oversight but I am fundamentally a deregulator.” That was in March. Yesterday, he says he’s for “Tougher rules on Wall Street to protect your life savings.” My guess is that he’ll veto any stringent regulations based on his first statement.

Obama - standard Democrat stance. More regulation and more taxes on the wealthiest/corporations. He says “this crisis serves as a stark reminder of the failures of crony capitalism and an economic philosophy that sees any regulation at all as unwise and unnecessary”. With a Democratic Congress, I’d expect him to sign stringent regulations/tax increases into law.

So I understand that philosophically, Republicans will be Republicans and Democrats will be Democrats. In this current eonomy, whether or not it was the result of Bush and the Republican Congress (6 years, then 2 years of Bush vetoes) or not, what is the best way forward?

Keep it the same and get McCain in and let the free market take its course? Or go with Obama and the typical Democrat way of raising taxes on the wealthy to pay for government created jobs/regulations?