MAY DAY! MAY DAY! MAY DAY!!!!

[sometimeman]

PLEASE CONTACT YOUR CONGRESSMAN/SENATOR AND TELL THEM TO STOP AND DO THIS!!!!!!

To my fellow Americans.......

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, this plan only really costs $59.5 Billion because $25.5 Billion is returned
instantly in taxes to Uncle Sam.

[oscarwho]

Sometimey , Please let me know when you get your check and which bank cashes the check .

[sometimeman]

6 billion people on mother earth
85 billion to bail out AIG

85/6 = $14.13 for every man, woman and child on the face of the earth!!

Do they teach math like this over at Union County High School? -or- is it only sex education?
I wonder if Lamar got his...... ...............................$14.13 that is!

[AskTheWiseOldMan]

Sometimer...

As you may have noticed its an easy mistake to make, and I've done the same thing before ... but $85 billion divided by 200 million people is only $425.

[sometimeman]

DANG IT!!
How 'bout this one
700,000,000,000 bail out
divided by
300,000,000 US Population ..(rounded of of course}

Is $2,333 dollars for every man woman and child in the us?

[AskTheWiseOldMan]

That one is Dead-on Accurate.

How about this...

$700 Billion divided among 6.2 million "troubled" residential mortgages is $112,903.

[sometimeman]

Yep!, And I'm all for giving the money to the home owner for them to pay the financial institution but not giving directly to the banks

[bubbadebubba]

I'm for "NOT" giving anything; the $700 billion only represents 5% of the mortgage market. I say let the mortgage bankers with the bad mortgages die a quick death and let the rest of the country go on living.

And if 5% can do the damage they say it can, I'm a monkeys uncle.

Some will be hurt (the bad and thieving ones) if the $700 billion give-away falls through, but the rest will be in better shape.

[AskTheWiseOldMan]

Sept 30, 2008 21:30:42 GMT -4 bubbadebubba said:

I'm for "NOT" giving anything; the $700 billion only represents 5% of the mortgage market. I say let the mortgage bankers with the bad mortgages die a quick death and let the rest of the country go on living.

And if 5% can do the damage they say it can, I'm a monkeys uncle.

Some will be hurt (the bad and thieving ones) if the $700 billion give-away falls through, but the rest will be in better shape.

Good thought too and I agree in theory ... except that under the circumstances the bad and thieving will be the only ones NOT hurt. Most payrolled jobs come from small businesses which require capital for seasonal and cyclical smoothing-out. Without access to this level of funding they won't get adequate financing to pay people or acquire inventory - just ask Bill Heard.

I share Bubba's sentiment about 5% being relatively unimportant, unless you're included in it. I think its a red herring. An accurate metaphor is a pyramid scheme - paying each other from new investments and not making a profit - which runs out of suckers to sell to. And now it wants to dip into the national treasury at large enough levels to nationalize all enterprise ... and thats pure Socialism; the ultimate goal of the Democrat Party.

[AskTheWiseOldMan]

... and apparently its George Bush's goal too.

[AskTheWiseOldMan]

I hate to triple-post, but have just heard word of a sweeping tax reform attached to the bill which is an offer that Republicans cannot refuse ... am interested to see what the fuss is all about.

[luckyme]

It seems they couldn't even keep there grubby hands off even this bill with there pork barrel spending. The one thing I did hear about was for a 20% portion to go toward A.C.O.R.N., that's a political program that Obama has been very heavily involved with, what's with that?

I'm thankful they've had more time to think this through, afterall, they said the sky would fall last week, and yet here we are, I don't like that they said that they thought the economy would collapse unless they did something now, and then took off for a few days, I acknowledge that they was a Jewish holliday, but if the world economy was going down.... guess we know what's what with that. The world economy or your religious holiday, got the answer didn't we... Now we know why congress isn't in charge of the "BUTTON"!

[sometimeman]

Hey! I appreciate all the comments, you guys are ahead of me, I learn from your research and posts!

Bubba. I an't in favor of "Giving" I should have said "lend" directly to the home owner. I do think this crises was planned.
www.brasschecktv.com/page/139.html

[sometimeman]

VIDEO - The TRUTH About The Bailout
Tags:

* ECONOMY

You have been told repeatedly by George Bush and Henry Paulson that this bill is about a "rescue" of Main Street, not Wall Street.

You have been lied to repeatedly.

The bill The Senate intends to try to ramrod down your throat is neither about Main Street or really even about Wall Street.

You are going to get VERY angry. Sit down before you read further.

""Hundreds of billions of dollars are going to bail out FOREIGN INVESTORS. They know it, they demanded it, and the bill has been carefully written to make sure that can happen." - Brad Sherman , D-California"
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