The Bailout Plan

I RECEIVED THIS IN THE FORM OF AN EMAIL.

I figure this is the best Bail Out Plan I’ve seen yet and hope to get it widely decimated.  Let’s vote on this one!  🙂

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 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.

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” – do DO deserve it more than 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 of the Republic.

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9 Responses to The Bailout Plan

  1. phillysoul11 says:

    Give people that much money and inflation would sky rocket.
    no one would work so people would have to pay more for services.
    everyone would quit their jobs.

    How much would you have to pay someone to mow your lawn or cook your dinner if they already had all that money.

    All service jobs would have to go to immigrants that didn’t get the money. Illegal immigration would be off the hook.

    So many things would happen, its a huge chain reaction that would end in total anarchy and a complete collapse of society.

    Or we’d all just sit around sipping beverages by the pool. one or the other. 😀

    I tend to be a bit skeptical of most economic plans that arrive via email 😉

  2. mssc54 says:

    Phillysoul1; lol – Well if everyone quits work and sits around drinking beverages they will need to cut their own grass because of the weight gain.

    I can’t believe anyone would be skeptical of economic plans received via email.

  3. “can you imagine the Coast-To-Coast Block Party!”

    Yes, YES I CAN!

  4. Joy says:

    I missed math class the day they discussed this! LOL!!! I’ll be at the block party though!

  5. Tracie says:

    Wow, I love it! Sign me up. Sounds like my 12 year old son’s idea immediately after 9/11. He said they should just hand everyone who steps on the plane a gun – then everyone would be armed and no one would dare try anything. Hello, by the way, and thank you for your recent comment on my blog. I’m a little behind on my return visits, please excuse.

  6. brianshaw says:

    I don’t really know if it’s possible to be an optimist and a contrarian at the same time but let me take a stab at it:

    I certainly like where your head is at but where would the money come from? Printing it would so devalue the dollar.

    Also, have you considered that each two-bit politician, corrupt executive, and “entitlelist” (i.e. someone who feels he is entitled to certain privileges say like owning a home when he can’t afford it) would get this “dividend?” Talk about being an enabler.

    Any “redistribution of income” is a Socialist concept. I’m for Capitalism in its purest form where each individual has the opportunity to “earn his own way.” Should the American people have to foot this bill? Absolutely not. This problem is a result of bad government and bad business. In my estimation of things, the government needs to find the money elsewhere by cutting spending in “bridge to nowhere” projects. Leave the American people out of it!

  7. Joni says:

    When I’m Queen of America, I will enact this bill!

  8. expressor says:

    I saw that e-mail a few weeks back and immediately liked it (I just wanted some cash)! After more thought… besides the math being wrong… Why is it that we American’s keep buying into the mantra that those who have made poor financial decisions deserve to be bailed out with money from those who did not go into debt for things they could not afford? The ‘Gov’t’ has no money of its own with which to bail anyone out. Any money will come from taxpayers. Those who struggled and saved and stayed debt-free by denying their immediate gratification desires have now earned the responsibility to clean up the mess and pay the bills of those who did not deny self but spent, spent, spent. Socialism.

  9. mssc54 says:

    Hayden & Joy; You two are in charge of refreshments! 🙂

    Tracie: How long have you been home schooling. lol Sounds like you son is pretty bright.

    Brianshaw: Haven’t you heard? The money is there. All we need is an extension on our credit!

    I’m thinking we bought our home twenty years to early and way to small!

    Stop the cursing… cutting spending. ha! Let’s all hold our breath on that one. lol

    Joni: All I have to say is “LONG LIVE THE QUEEN!”

    Expressor: I don’t think it’s “we Americans”. I think it’s “them politicians”. 😉

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