AIG Bailout Solution
 

From: Carl Monnin <mailto:[email protected]>
Date: 9/28/2008 5:51:56 PM
To: Undisclosed-Recipient:
Subject: Fw: What an idea

This is a REAL dreamer - I think he should run for president

Dan Collier

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 $425,000 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 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.

Kindest personal regards,
A Creative Guy & Citizen.


PS: Feel free to pass this along to your pals as it's either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!

The only problem with this plan would be that LOTS of people would quit their jobs! The number of instantly closed MacDonalds, taco bells, wall marts, etc. due to all of the employees quitting as soon as they got that money would be tremendous! While I do believe the bailout of AIG is a horrible idea and would only really ensure the CEO's and other high ups involved would come away with huge bank rolls, giving the same proposed money directly to the people would cause even more havoc as most people would be a financially retarded with it as the people who win the lottery and ruin their lives!

I think it's a great creative idea! It is time this country did something creative, I'm sick of this Wall Street S*it, it's pathetic

I agree that most people would "go full retard" with the money. The plan assumes everyone who receives this is intelligent enough to understand the value of what they're being given.

In the end, it's good for a laugh. Besides, it'll help me pay for gasoline...

I'd keep my job but invest some of that cash at the local Austin Martin dealer. Sign me up...I don't eat at McDonald's and I don't shop at Wall-Mart.

Austin Marina or Aston Martin?

haha.
I like the idea... :rofl:
I wouldn't quit my job, that is capital!

Yikes,

I need to get more sleep and go to bed earlier. I could have ended up with this had I ordered mine on-line last night.

http://www.austinmarina.com/images/phyllis/marina1.jpg
And I would have expected this to arrive.

http://www.infoaddict.com/fileadmin/...n_vanquish.jpg

1st off - $85B divided by 200M is only $425. It would have be $85T to give a dividend of $425k.

Secondly, if that ever did occur, the country would immediately collapse because ~80%+ of the population would do absolutely nothing as soon as they received the cash.

LOL...

Hey JCL...I changed my mind. With $425.00 I might need to order this after all.:bustingup



http://www.austinmarina.com/images/phyllis/marina1.jpg