Large Scale Central

A modest proposal

I’m against the $85 BILLION bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a [color=#FF0000]“We Deserve It”[/color] dividend. To make the math simple, let’s assume there are 200,000,000 bona fide U.S. citizens, aged 18+.

Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a [color=#FF0000]“We Deserve It”[/color] dividend.

Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Everyone would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!

What would you do with $297,500.00 to $595,000.00?

* Pay off your mortgage – housing crisis solved.
* Repay college loans – what a great boost to new grads.
* Put away money for college – it'll really 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 parents to come clean – or else. 

Remember this is for [color=#FF0000]every[/color] adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann 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 $1,000.00 “economic incentive”!

If we’re going to do an $85 billion bailout, let’s bail out every adult U.S. citizen!

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. 

We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can you imagine the coast-to-coast block party?!

How do you spell Economic Boom? [color=#FF0000]W-e D-e-s-e-r-v-e I-t D-i-v-i-d-e-n-d![/color] I trust my fellow adult Americans to know how to use the $85 Billion [color=#FF0000]“We Deserve It”[/color] dividend more than do the ‘geniuses’ at AIG or in Washington, D.C…

And remember, my plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam. Good idea? I think so.

Who is with me?

(http://www.quoteoftheday.us/images/Hell%20frozen.jpg)

Hey Steve, I’m IN. :lol:

(http://www.8ball.co.uk/productimages/22498-2.jpg)

Yeah, I know, it makes too much sense to stand a chance.

Is it that cold in Hell, today?

Doesn’t $85 billion divided by 200 million equal $425?

And with my money I have left after paying off mortgage, Tim’s college bill, wife’s medical bills and our numerous other bills, I might be able to go to my local hooby shop and pickup a few more cars - hey, sounds like a great idea to me!

Yep, 80 billion divided by 200 million is a mere 400 dollars; looks greater when you write it as $400.00.

Unfortunately, the feds are talking about 10 times 80 billion, maybe even a trillion, to do a BIG bailout. And I wouldn’t be surprised if even car loans would be covered. Don’t know about bookies.

Cheer up, even the big boys in congress can’t seem to keep the decimal point in the right place!

Art

Bruce Chandler said:
Doesn't $85 billion divided by 200 million equal $425?
Kill joy !!! ;)
Richard Smith said:
Bruce Chandler said:
Doesn't $85 billion divided by 200 million equal $425?
Kill joy !!! ;)
Dang. For a minute I thought it might actually be a good idea.

It did sound good. Perhaps that’s the math that got us to this point??? :wink:

Later,

K

Gee, maybe the old-fashioned own your house (and don’t get more house than you can afford), pay cash for your cars, avoid the latest fashion trends (and cell-phone trends) might pay off, eh?

Kevin Strong said:
Perhaps that's the math that got us to this point???
I KNOW what got ME to this point. Start with a crappy economy (for the last, oh 4 years), take a couple weasels charging back their credit cards on stuff I already shipped (but didn't have delivery confirmations on) add some rediculous merchant agreement rules that hobble you fighting back, mix in a couple checks people gave me at shows on CLOSED accounts, and a bunch of confiscatory bank fees, then add a couple banged up packages that the shipper refuses to pay the insurance on.... And top it off with a couple vendors disappearing totally off the radar while they still owe you some paid for product items....

Can you say “Being Forced out of Business”?.. And a dollar says there won’t be anybody willing to raise a finger to help bail ME out either. Where are them “golden parachutes” for people who didn’t do anything wrong, but still got bit in the a$$?

Quote:
... Where are them "golden parachutes" for people who didn't do anything wrong, but still got bit in the a$$?
That, my friend, is the $64,000 (or $700 billion) question. ;)

Later,

K

Curmudgeon said:
Gee, maybe the old-fashioned own your house (and don't get more house than you can afford), pay cash for your cars, avoid the latest fashion trends (and cell-phone trends) might pay off, eh?
You mean someone ELSE does that?

Gee, Kay and I thought we were alone.

Curmudgeon said:
Gee, maybe the old-fashioned own your house (and don't get more house than you can afford), pay cash for your cars, avoid the latest fashion trends (and cell-phone trends) might pay off, eh?
Maybe people could afford the house.....before groceries doubled and gas and utilities tripled. Or their job went to India,China or Mexico. Ralph

Steve,
You had me going there!
Must be sumpin wrong with yer calkeylater. :slight_smile: :slight_smile:

Yeah, durn thing dropped a few decimal points.

But, like Mark Twain always said, never let the truth interfere with a good story! :stuck_out_tongue:

That’s whatcha get when ya leave yer calcal8er out in the rain. :stuck_out_tongue:

Good one Steve.