[1FastFox]

This idea sounds just crazy enough to possibly work, so naturally it won't be given serious consideration. How great is our bureaucracy!!



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 billion 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, 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.

[07torchgt]

you do realize that 85 billion divided by 200 million isn't 425,000

ITS ONLY 425....lol.... I think this guy forgot to carry the one.......

[03_StangGuy]

Nvm the math is off $425 isnt gonna do shit.

[rk_2000_Z/28]

Yea, someone was telling me about this the other day. They had heard a political commentator on the radio do the math and it equates to what you posted. Sure would be nice to have $250,000 in my pocket.

Wouldn't you just like to have an audience with the president and Congress and ask them WHY?....

[1FastFox]

Good catch.... I didnt even see that... I flipped through it quick and thought it was kind of clever.

[JASonic]

Im no economic genius but just say the math did really work out to 1/4 mil for each of us.... wouldnt the value of the dollar fall like a turd in an outhouse?

Why we're on the subject, I cant wait to see the details of what the government does with this. At this point, I feel like Im getting fucked. 3 years ago, I was offered a loan on a house when we were shopping. The payment was to be nearly $2,000 a month. I was approved. As hard as it was, I declined the loan because I thought it was too much for me. In fact, wifey was pissed because I didnt take it. As it was, had I taken it, It would have led me to forclosure because it wasnt in my budget.

Now, the loan officer was pushing like he was dialated to 9 centimeters. He didnt care if it was bad for me or not. It was all about "approval" which I had. I said NO and moved on. As it is, my house payment is $1350 and was within my budget.

I feel like now Im somehow being penalized for not making the decision to get the bigger loan. Thats bullshit! I get penalized for doing the right thing? Now I have to pay for all the idiots that cant think for themselves.

All these superficial assholes in America that live way beyond their means. They blame everyone else for thier decisions. They could have said no like I did. Now they are being rewarded. Fuck That!!!!!!!

"We're all so worried about if we CAN do something we never stop to thing if we SHOULD"

[Onemanzu]

i think that this is funny/ ironic... bout 3 years ago my parents down sized from a huge ranch in a really nice neighbor hood to a small town house meant for 3-4 people... there are 5 of us, so it was packed... finally after 2 years of looking we found a nice small house just a few hundred square feet larger then the town house with about equal payments... my parents are on top of things and are doing very well for them selves seeing as we live in a slightly blue collar area and both of my parents work full time... my college is all taken care of and so is my brothers (still senior in high school)

I'm just saying, i think its funny how some people saw this coming, JA and my parents and prepared while others bent over and took a huge loan up the ass that they couldn't afford... I say lower the intrest rates of those who own houses and don't have substantial debt... and punch everyone who can't afford it in the face!!

[JASonic]

Originally Posted by Onemanzu i think that this is funny/ ironic... bout 3 years ago my parents down sized from a huge ranch in a really nice neighbor hood to a small town house meant for 3-4 people... there are 5 of us, so it was packed... finally after 2 years of looking we found a nice small house just a few hundred square feet larger then the town house with about equal payments... my parents are on top of things and are doing very well for them selves seeing as we live in a slightly blue collar area and both of my parents work full time... my college is all taken care of and so is my brothers (still senior in high school) I'm just saying, i think its funny how some people saw this coming, JA and my parents and prepared while others bent over and took a huge loan up the ass that they couldn't afford... I say lower the intrest rates of those who own houses and don't have substantial debt... and punch everyone who can't afford it in the face!!

AMEN OMZ! I have to admit though, I wasnt as smart as your parents. I couldnt forsee the economy doing this in anyway, however, I knew it was pushing my monthly budget too far. It was really hard to resist. They showed me how I would make my bills on this spreadsheet. But I knew it was just too tight.

[03SonicBoom]

Originally Posted by JASonic Im no economic genius but just say the math did really work out to 1/4 mil for each of us.... wouldnt the value of the dollar fall like a turd in an outhouse?

DING DING DING, we have a winner!

Understand this; the government can not simply create wealth. All they do is distribute it where they see fit. If the government printed $82 billion and gave it to the people, say hello to inflation out the ass. People would physically have more money (aka, higher number of dollars), but there wealth would be the same. Every dollar would just be worth less.

With the dollar sucking hardcore, the price of oil would skyrocket (since it's valued in the dollar). Oil would become unattainable for those that use the dollar. This would results in food prices increasing. Increase in food prices leads to less spending in other places. Ultimately, we end up in a place much like we are now, except worse. This is only b/c of a direct result of oil price increase.

[1FastFox]

That would be awsome to spend $10k in the drive through @ McDonalds...

Obviously fellows, this is not meant to be taken seriously as there is no way the government would cut checks of this nature to us, they only do that for themselves...

[AtlanticBlue99]

Originally Posted by 1FastFox This idea sounds just crazy enough to possibly work, so naturally it won't be given serious consideration. How great is our bureaucracy!! 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 billion 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, 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.

um. 85B / 200M = 425. the math is way off.

[1FastFox]

This has been previously established...

[Regency 2007]

I think the bail out needs to happen, and I think they need to send a "hello!" to the democrats that wanted the banks to give loans to people that were not qualified.

Everyone thinks the Bush admin. was at fault to our economy when it was actually the other way around...

[G.T. Rags]

Originally Posted by JASonic Im no economic genius but just say the math did really work out to 1/4 mil for each of us.... wouldnt the value of the dollar fall like a turd in an outhouse? Why we're on the subject, I cant wait to see the details of what the government does with this. At this point, I feel like Im getting fucked. 3 years ago, I was offered a loan on a house when we were shopping. The payment was to be nearly $2,000 a month. I was approved. As hard as it was, I declined the loan because I thought it was too much for me. In fact, wifey was pissed because I didnt take it. As it was, had I taken it, It would have led me to forclosure because it wasnt in my budget. Now, the loan officer was pushing like he was dialated to 9 centimeters. He didnt care if it was bad for me or not. It was all about "approval" which I had. I said NO and moved on. As it is, my house payment is $1350 and was within my budget. I feel like now Im somehow being penalized for not making the decision to get the bigger loan. Thats bullshit! I get penalized for doing the right thing? Now I have to pay for all the idiots that cant think for themselves. All these superficial assholes in America that live way beyond their means. They blame everyone else for thier decisions. They could have said no like I did. Now they are being rewarded. Fuck That!!!!!!! "We're all so worried about if we CAN do something we never stop to thing if we SHOULD"

+1

[07torchgt]

Originally Posted by AtlanticBlue99 um. 85B / 200M = 425. the math is way off.

welcome to a few minutes ago

[03_StangGuy]

Originally Posted by Regency 2007 I think the bail out needs to happen, and I think they need to send a "hello!" to the democrats that wanted the banks to give loans to people that were not qualified. Everyone thinks the Bush admin. was at fault to our economy when it was actually the other way around...

Bush didnt help the situation any, the bail is good and need just make the owners put out their share. they should not be walkin away with their pockets full while we get stuck with increased taxes for their greed.

[Smoothgrandmama]

Pshhh everyone should have to build there own house. that will teach people to not want big houses

[gooberhead320]

no matter what the dollar is going to go to shit and there isn't anything we can do about it. it is out of our hands. the mortage companies are stupid for loaning money to everyone and everything. hell the would loan someone money for a 5 million dollar house when that persons salary is 70,000 and are making car payments paying off a brand new cadillac or lambo (you get my point)

[G.T. Rags]

Originally Posted by Smoothgrandmama Pshhh everyone should have to build there own house. that will teach people to not want big houses

i aggree wit this....

i wish i could just walk outside, stake my name in some land, and build a nice fort in a tree somewhere with a tree garage that lowers and raises off the ground much like the Kevin Costner version of Sherwood Forest

[vfast]

1st thing we need to do is base all politicians salaries on their home state's median income!!!!!!
then freeze their wages until we have no deficit like most companies