[Dialogue] financial crisis Another person's Viewpoint on Where the Money should go!

[Walter Kargus]

Hi

 

I received this from a friend of mine and thought to share it with you all.

This can be funny or this can have truth.  Think what you may but this

Is one solution.  Comment welcomed.

 

Walt Kargus

 

Works for me! 



I'm against the $85 BILLION 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 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 "We Deserve It"
dividend. 

Of course, it would NOT be tax free. So, let's assume a tax rate of 30%.
Every 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 Dads to come clean - or else 

Remember this is for every 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? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e- n-d! 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,
D.C. . 

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. 



 

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