EVERYONE HAS TO READ THIS !

[allaboutmary]

OK.....here's a plan I could live with.
  
Hi Pals,

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 team 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 do the geniuses at AIG or in Washington DC.
  
And remember, The Birk plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.

[joann1975]

Well, I'll tell ya...I bet my Dad did too! LOL...He's always done it just in case as well! I love it! You crack me up. (i mean in the best way...you know what I mean :) )

I've heard a little bit about Florida and some screw ups once on the news.. LMAO!

[allaboutmary]

All the good ones are allready married. It's just my luck.

Oh , I did really vote today . My mom always gets an absentee ballot because she's kinda house bound, so she gets me one also.  So , yes-sir-re it's in the mail.  I'm just hoping they don't lose it. Florida is known for their voting screw ups. lol

[joann1975]

Mary did you really vote today? That is so funny....I love it. If my Dad wasn't married... I would so fix you guys up! You would be a perfect match politics wise and then the rest could fall into place b/c you'd have this great stepdaughter...ME! LOL He and his friend got into a heated debate during the last election and my Dad didn't talk to him for like 2 months...it was so funny. But anyway you guys seem to agree on 99.9% of it all! LOL

[allaboutmary]

I've decided not to be greedy.  I will only take 100 grand !  Now give me my check !

[allaboutmary]

Nauty.............Not to worry .....I voted today !..........put the ballot in the mail this morning.  I voted early just incase I accidentally get hit by a bus. lol

Jacqui...........get to the back of that line and stop cutting ! lol   Me first !   ME ME ME ME MINE MINE MINE

[flmagi]

Sounds good to me...let the big brains figure out the details..Where do I pick up my check?
         lol   lol   lol    lol   lol   lol
laughing all the way to the bank.

[Jacqui805]

Where do I sign up?  Is this the back of the line?  Oh *hit!  I left my driver's license at home, hang on, I'll be right back!  Ugh!

[joann1975]

It does sound good on paper. I like the plan! LOL However, they print money? I thought it grew on a tree...hhmmmm... how strange. LMAO!!!

[NautyOne]

Dang it Mary......I can't go that deep.  I still don't understand how the economy works, but......I dabble in stocks and don't really have a clue what i am doing....I am hoping to learn something.......

I just think keep printing money and lets all be rich......I just don't get it....lol.

dang it.

Mary.......please be careful.....your gonna explode before the election and be rendeded incompetantsp?.....to vote.  Please get some sleep...lol.

luv,
nauty..........

[GoingToMakeIt]

Interesting plan? 30% back to pay taxes too? It just might work if the $85 Billion wasn't more debt.
When Albert Einstein was asked what was the most fantastic thing he ever realized in all his studies, he responded, “Compound interest.”

[allaboutmary]

Yeah , but it wouldn't be me. lol

[VicUser]

Even if this was a viable plan, you would soon find people in debt and in worse shape than before.  Don’t believe me, look at how many people hit the lottery and end up filing for bankruptcy in a few years.  

[allaboutmary]

Yeah sounds real good on paper.  It just really makes you think about this bail out though.

[SableZen]

But all that would be doing is paying ourselves from our own pockets... we wouldn't actually be ending up with any extra money as it would come from taxes we pay in the first place.

On the other hand, if you are suggesting that the government just print off that extra money to pay everyone with - then we'd have to deal with the inflation of everyone having all that extra money at once. Again, no one would be any better off - in fact, the people who didn't directly receive any of that money (over a third of the US population) would be even worse off, and the 'have and the have-nots' divide would grow even further in the wake of rapid inflation.

Sounds good on paper - it's just that the real world doesn't work like that.

[allaboutmary]

This was sent to me in an e-mail.   Wow sign me up.  It actually makes a lot of sence.  It would pull so many people that are hurting out of debt. People would buy up houses etc.