As you may know we have have not every talked about politics on this blog....why? Well, Ol Brian learned a lesson one time about politics, he now keeps his opinions to himself. You can assume you know my leans but the truth is you don't, nor will you ever, because I keep those to myself. I received this email today from an old friend. It is talking about the bail out plan....I like this idea, I would be able to get that motorcycle that I have given up dreaming about. What do you think? ~Brian
THE EMAIL:
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 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.
Kindest personal regards, A Creative Guy & Citizen.
PS: Feel free to pass this along to your pals as it's either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
5 comments:
Do you know that the math is completely wrong in this email? You would NOT receive $425,000 because 200 Million divided into $85 Billion is a measly $425.00. People should check their math before sending out absurd emails.
I just tagged you in my latest blog post - http://www.stevansheets.com/?p=2554
Sorry Brian, I didn't mean that you should have checked their math - I meant the original sender should have. The email is so misleading. Anyway, my original comment sounded much more harsh than I actually intended it to :)
wow Jama you're mean. ;) The math is correct if you use US Government math. You know, so you move a decal point a couple of spaces, what's the big deal? I could still use the $450 buck :)~Brian
Yeah, I could use $450, but since my money is the government's money, I'll just keep my $450.00 :)
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