| Author | Post |
|---|
soloyosh
Member
|
Posted: Sat Oct 4th, 2008 01:15 am |
|
The $700 Billion is just the tip of the iceberg. Look for another bailout in about 3 months.
Buy booze and bullets. Those will be the only valuable commodities in the "new economy." Paper money is so August 2008.
Cheers
Brett
Last edited on Sat Oct 4th, 2008 01:15 am by soloyosh
|
gsbill
Member
|
Posted: Sat Oct 4th, 2008 01:02 am |
|
| There were 138,000,000 taxpayers in 2007. That makes it a fuzz over 5 grand for each one.
|
QCVillager
Member
|
Posted: Sat Oct 4th, 2008 12:54 am |
|
it's all just fun - but still let's calculate it using the correct numbers...
bailout is actually said to be $700B or... 700,000,000,000
divided by the same 200M persons or... 200,000,000 (this one too was a ballpark figure)
and that will give us all $3500 each
and i still then would believe in this sentence...
I trust my fellow adult Americans to know how to use the $700 Billion more than I do the geniuses at AIG or in Washington DC.
|
tomogo
Member
| Joined: | Tue Jul 15th, 2008 |
| Location: | Queen Creek |
| Posts: | 82 |
| Status: |
Offline
|
|
Posted: Sat Oct 4th, 2008 12:14 am |
|
| Check the math Jeff, its only $425 per person. A few zeros were added there.
|
QCVillager
Member
|
Posted: Fri Oct 3rd, 2008 07:21 am |
|
obviously, i get the notion that for the $85b bailout there will be at least SOME value there in the assets. whereas this idea is a true give away and nothing on paper would be owned for the funds. still... the sentence near the bottom pretty much sums up my own thoughts on this...
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.
Last edited on Fri Oct 3rd, 2008 07:22 am by QCVillager
|
QCVillager
Member
|
Posted: Fri Oct 3rd, 2008 07:16 am |
|
BIRK incentive
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 e very 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, l et’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 Birk 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,
Birk
T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
Last edited on Fri Oct 3rd, 2008 07:17 am by QCVillager
|
Current time is 04:23 am | |
|
|
|