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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!! |
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#2
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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!
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"When you do things right, people won't be sure you've done anything at all" (Bender, futurama) You make something idiotproof, they'll make a better idiot You think professional is expensive, just wait until you pay for amateur. Never let your sense of morals prevent you from doing what is right. Examine what is said, not who speaks. X5 pics RIP 4.6is..... 2003 4.6is
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#3
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Quote:
In the end, it's good for a laugh. Besides, it'll help me pay for gasoline... |
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#4
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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
__________________
The Present: 2014 Audi Q5 TDI Prestige The Past: 2013 Lexus GS350 2013 VW Golf TDI 2007 BMW X5 4.8i LOADED & Loved 2009 VW Jetta 2008 VW Touareg VR6 2005 BMW X5 3.0i 2005 BMW Z4 3.0i 2004 BMW X5 3.0i 2003 BMW 325i 2000 Ford Explorer Eddie Bauer 4x4 Last edited by blondboinsd; 09-28-2008 at 11:14 PM. |
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#5
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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.
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#6
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Quote:
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2007 X3 3.0si, 6 MT, Premium, White Retired: 2008 535i, 6 MT, M Sport, Premium, Space Grey 2003 X5 3.0 Steptronic, Premium, Titanium Silver 2002 325xi 5 MT, Steel Grey 2004 Z4 3.0 Premium, Sport, SMG, Maldives Blue |
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#7
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Quote:
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. ![]() And I would have expected this to arrive.
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#8
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haha.
I like the idea... ![]() I wouldn't quit my job, that is capital! |
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#9
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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.
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2001 X5 4.4i 2002 Honda S2000 |
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#10
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Quote:
Hey JCL...I changed my mind. With $425.00 I might need to order this after all.
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