A better use of 85,000,000,000.00 Would this work?
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  1. #1
    RoadBikeReview Member
    Reputation: rollinrob's Avatar
    Join Date
    Dec 2002

    A better use of 85,000,000,000.00 Would this work?

    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
    A husband and wife has $595,000.00.

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

    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

    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
    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

    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.

    Kindest personal regards,


    T. J. Birkenmeier, A Creative Guy & Citizen of the
    Tomorrows battle is won during today's practice. - Samurai maxim

    In the course of achieving anything, nothing is more important than persistence.

    Suffer the pain of discipline or suffer the pain of regret!.

  2. #2
    Not Banned
    Reputation: atpjunkie's Avatar
    Join Date
    Mar 2002

    your math doesn't work

    700 billion $s
    divided by 200 million americans
    is $3500 each

    at $85 Billion, that is $425 each
    one nation, under surveillance with liberty and justice for few

    still not figgering on biggering

  3. #3
    Sooper Dooper Moderator!
    Reputation: il sogno's Avatar
    Join Date
    Jul 2002
    Quote Originally Posted by atpjunkie
    700 billion $s
    divided by 200 million americans
    is $3500 each

    at $85 Billion, that is $425 each
    Attached Images Attached Images

  4. #4
    Palm trees & sunshine!
    Reputation: KenB's Avatar
    Join Date
    Jul 2004
    Quote Originally Posted by atpjunkie
    700 billion $s
    divided by 200 million americans
    is $3500 each

    at $85 Billion, that is $425 each

    Must be that new fangled math they've been teachin' my kid.


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