Friday, October 3, 2008

Alternative Idea for 700+Dollar Bail-out

I'm against the $700+ BILLION (WE ALL KNOW THAT'S NOT THE TRUE TOTAL!) bailout! Instead, I'm in favor of giving $700+ billion 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 (lets go w/ this number since that is what was used for the housing bailout) 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 Moms (b/c their numbers are growing but government & society turns a blind eye to them) & 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 $600.00 (vote bye) economic incentive.

If we're going to do an $700+ Billion bailout, let's bail out every adult
U S Citizen 18+!

As for the bank failures - liquidate them. Sell off its parts. 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 banks (especially the European one's, which most of them are) DO NOT!

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 the geniuses / crooks that run these banks and 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.

Lets send this idea around the Internet, and get some real Financial Help for all Americans. An idea that would work, and the crooks and criminals in DC know it would!

I'm just your ordinary everyday "Joe" this is simple mathematics don't beleive me get a calculator! If i can figure this out why cant our government the people who are supposed to care about it's "Fellow Americans", well the truth is they can, and probably have figured this out but are self-centered liars!!!