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Posted

Well, the bail out bill failed and the stock market dropped 780 points today? Whats going happen to the economy now? How is this going to effect us? Whats going to happen to the housing market now? Any body got any ideas?

Posted

I just opened this email and think it really puts things into perspective on where our governments heads are at...

 

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 bona fide 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 have $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 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.

Posted
I just opened this email and think it really puts things into perspective on where our governments heads are at...

 

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 bona fide 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 have $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 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.

 

 

Thats absolutely genius!

Posted
:thumbs::thumbs:

 

:flag::withstupid: :withstupid: :withstupid: :withstupid: :withstupid:

 

Oh what I would do with $300,000!!! Buy me a new house, a few toys for the ss, and save the rest for a rainy day/mutual funds :D

Posted

You do know that the math is wrong I hope.

 

The right answer is $425.00 dollars

 

Good principle for sure.

 

 

CD

Posted

I feel like an idiot. You're right. Thank god I'm not the one who wrote the email but I still feel moronic for posting it.

 

Sorry guys. Just take the idea for face value...

Posted
Well, the bail out bill failed and the stock market dropped 780 points today? Whats going happen to the economy now? How is this going to effect us? Whats going to happen to the housing market now? Any body got any ideas?

 

Fortunatley me and the wife have made some good choices and have not been affected, as of yet. We've both got very good jobs (she's in the dental business and Im in the solar panel industry) but what worries me is the stock market. We both contribute quite a bit into the market but are loosing are butts. What should we do, pull out, stay in, what?

 

I do like the $300k plan mentioned above :cheers:

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