Author Topic: I vote for this "Recovery Plan".  (Read 617 times)

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Offline Land_Owner

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I vote for this "Recovery Plan".
« on: September 25, 2008, 05:42:20 AM »
I'm sure you will too.
Quote
This idea sounds just crazy enough to possibly work, so naturally it won't be given serious consideration.  How great is our bureaucracy!!


Hi Pals,

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 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 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.

Ahhh...I feel so much better getting that off my chest.

Offline GRIMJIM

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Re: I vote for this "Recovery Plan".
« Reply #1 on: September 25, 2008, 06:28:25 AM »
I'd say the math is slightly off. 85 billion divided by 200 million is 425.
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Offline TribReady

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Re: I vote for this "Recovery Plan".
« Reply #2 on: September 25, 2008, 06:41:19 AM »
Great plan, but not remotely realistic....Dang!
A government big enough to give you everything you want is strong enough to take everything you have. -Thomas Jefferson


...if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land.  -2 Chronicles 7:14

Offline Land_Owner

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Re: I vote for this "Recovery Plan".
« Reply #3 on: September 25, 2008, 02:22:28 PM »
 Of course you are right about the math.  Partly why it is posted in the Humor and Off Topic Forum.  Glad you guys "got it".

Even for the upper bailout limit of $850B the taxpayer's "cut" would amount to less than $3K after taxes.

Offline bilmac

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Re: I vote for this "Recovery Plan".
« Reply #4 on: September 26, 2008, 04:01:37 AM »
Even at $400 per person this is a better "bailout than saving those outfits that screwed up. Let them go belly up so that a new crop of managers can take over,learn from previous mistakes and do a better job. It's called capitilism, and it's worked pretty good until Uncle decided that we taxpayers have to cover for the big guys mistakes.