I have a better bail-out plan!

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SpurHunter

Well-known member
Joined
Jun 27, 2007
Messages
15,863
Location
Cleveland TN
<div><font face="Arial" size="2">I’m against the $85,000,000,000.00 (<font color="#ff0000">thats billion</font>!) bailout of AIG.</font></div><font face="Arial" size="2"><div>
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.
</div><div>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
$425,000.00.

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 toentrepreneurs.
• 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.

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 the "We Deserve It
Dividend" more than the geniuses at AIG or in
Washington DC.

And remember, The Family plan only really costs $59.5
billion because $25.5 billion is returned instantly in taxes
to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.</div>
</font>
 
Spur and Bail out.........Neither one of the options I was thinking about were good.
1. Was his boat leaking
2. Was he in Jail

And it is $425.00 per person as far as the math goes.
 
The $700B bail out is $3500 per person. Kind of hard to soak that up. When the real estate market was good they weren't sharing those billions with us.
 
An exerpt from Ron Paul, very informative IMO

"Then come the scare tactics. If we don't give dictatorial powers to the Treasury Secretary "the stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet." Left unsaid, naturally, is that with the bailout and all the money and credit that must be produced out of thin air to fund it, the value of your retirement account will drop anyway, because the value of the dollar will suffer a precipitous decline. As for home prices, they are obviously much too high, and supply and demand cannot equilibrate if government insists on propping them up."

-Ron Paul
 
I had it figured a little different than that but the same concept
750 billion bailout----- NOT
roughly 310 million us citizens @ 1 million each= 310 million
750 billion -310 million = a whole lot of taxpayer money saved
 
fischnrod - 9/26/2008 8:54 PM

I had it figured a little different than that but the same concept
750 billion bailout----- NOT
roughly 310 million us citizens @ 1 million each= 310 million
750 billion -310 million = a whole lot of taxpayer money saved

Your math is about as good as Spur's. emoScratch
 
I am 100% against the bailout, it makes my head hurt to try and figure where that much money is. Tenn. couldn't buy the ink to print it. Let the money grubbers solve this, let them go under or call on their cohorts to bail out the companies, they have billions, don't pay them for their bad decisions. They don't take it upon themselves to bail out the regular citizen when he is going under, they say give me the keys to your house and so long succer. I read an article about Warren Buffett the other day where he bought in on some bank with I think 5 billion dollars, the article also said that he is getting 15% intrest on his money, not a bad return and if they go under he just lost a measly 5 billion, go figure.
 
Try googling ACORN, Bailout and/or fraud at http://news.google.com ... check out what the dems had in the 'bailout' that they said was nearly complete before McCain showed up. Cliff notes: If the investments made by the 700 billion were to eventually make money, 20% of the profit would be siphoned off to liberal organizations like ACORN, which is currently under investigation for voter fraud... illegally registering voters for Nobama. They say McCain got in the way of progress on the bill... if they had this crap in there... I'm glad he did. If they're going to do anything, at least they need to keep the pork out of it.
 
I sure am glad that at least we can agree that we like fishing. OBAMA 08! WE also like eternity in HEAVEN! Just got to add, my Dad called me with the same remarks and after he learned to use a calculator I had him believing that 700billion/200million =3500 ANyone know how much that first economic plan of $600 / person cost us, have not heard too much about that. ALso Spur, that 700 billion is not just for AIG, only 100 to 150 billion for troubled companies, the rest for back up of the other ones. If it comes to people starving I think something needs to happen to prevent that.
 
Bottom line is if that the dollar value will fall if this bailout goes through. This will be worse than most can imagine. This is just another BAD idea from people in D.C. There has to be a rekening, there has to be consequences for all of these BAD economic decisions.
 
cheez - 9/26/2008 9:48 PM

fischnrod - 9/26/2008 8:54 PM

I had it figured a little different than that but the same concept
750 billion bailout----- NOT
roughly 310 million us citizens @ 1 million each= 310 million
750 billion -310 million = a whole lot of taxpayer money saved

Your math is about as good as Spur's. emoScratch

emoLaugh hehehe
 
i'm with spur! it sounded good anyway so we should go ahead and vote him in as president he couldnt do any worse! emoBigsmile
 
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