Subject: $700 Billion
I'm against the $700,000,000,000.00 bailout.
Instead, I'm in favor of giving $300,000,000,000 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 $300 billion that
equals $1,500,000.00.
My plan is to give $1,500,000 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 $450,000.00 in taxes.
That sends $90,000,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $1,050,000.00 in their
pocket.
A husband and wife has $2,100,000.00.
What would you do with this much money 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 economic incentive that is being proposed by
one of our candidates for President.
If we're going to do an $700 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 Wall Street doesn't.
Sure it's a crazy idea that can work.
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
it would be $1,500 rebate per person, based on 200 million population
Nice begining of this week
