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Good Americans really don't like talk of 'redistributition' of wealth, but Bail-outs are bad.

So here is Popeye's Plan:


A solution to the bailout



Hi

I'm thinking andhave a solution that the government should have come up with.


This ideawouldwork, 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 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

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. [they already blew it anyway.]

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.


Thisis an idea that can really work.

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 plan only really costs $59.5 Billion because $25.5 Billion


is returned instantly in taxes to Uncle Sam.

It's our own money anyway, isn't it?

Regards,

Popeye
 

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Ok popeye, please do the math on the 700 billion bailout congress already approved!! I want to know how much I get with that!

Daveo
 

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Popeye wrote:
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.
Sorry to be the party pooper :(, but.......

$85,000,000,000 / 200,000,000 U.S. Citizens = $425/U.S. Citizens
 
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