I like this plan - who do we contact?

[Tom Phillips]

I don't know who authored this; just passing it on......


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 $425,0 00 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 - housin g 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 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 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 the geniuses at
AIG or in Washington < st1:State w:st='on' >DC .

And remember, The Family 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.

[Robert Puertas]

Tom, you need to break out your calculator.

That's only $425 each...

[Mako Koiwai]

Sure glad I'm with Wells Fargo ... I think they're one of the few AA banks left ... very conservative, very profitable. Their New Accounts dept was very busy when we stopped by today ....

[Bob Beamesderfer]

Sure glad I'm with Wells Fargo ... I think they're one of the few AA banks left ... very conservative, very profitable. Their New Accounts dept was very busy when we stopped by today ....

Of the big banks. Still many others that aren't on the radar because they're not distressed.

[Tom Phillips]

Tom, you need to break out your calculator.

That's only $425 each...

I should have done the math - I just copied and pasted. But - damn it sure sounds good, don't it?

[Jeff Shyu]

this popped up in another forum i'm on.

pretty sure the original poster probably had a normal calculator that was restricted to 8 digits and dropped 3 zeros off the end, and then decided that those 3 zeros would get attached to the end of the calc..