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$85,000,000,000 bailout of AIG, how about a trillion or so more, just for fun, let’s do the math : )

I love this idea, totally into it, in fact, it would be a personal boon and not just bc of the $ amount. And now with AIG handled already, who wants to do the math on this (so far) $700 Billion bail out, or will it be a trillion - maybe we the tax payers should just give the government a note for a google and be done with it, plenty of money to fund the big deep pockets, you know, so they stay big and deep.

Here’s the new ‘economic plan’ and I like it, read on…

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 $425,0 00 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 y ou 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 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 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 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.

Disaster averted! So when do I get my check?? When we finish the math on the $700 billion plus bail out we should all be living large and with minimal worries, that’d be nice…

Thanks for this, Jax : )

**Commenters, will catch up tomorrow, sorry, getting behind on e-mail, maybe you’d like to comment here on the site instead? Thanks for writing in, please understand my lag time, I’m a procrastinator by nature and so I chose fun over computer today : )

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1 Comment on “$85,000,000,000 bailout of AIG, how about a trillion or so more, just for fun, let’s do the math : )”

  1. #1 &eye
    on Sep 29th, 2008 at 2:32 pm

    I’m against the bailout too. But 85 billion divided by 200 million is 425. Not 425,000.

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