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 - housi ng 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 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. Sur e 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, This 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.
Credit is the building block of business. If everyone was suddenly out of debt...we'd be in even biggger trouble. but I like your thoughts, your head is in the right place.
im thinking about bailing them out.... but then what would i have to roll in? (best picture i could find)
Too many people would run out and blow it on stupid crap. But it would be a good idea if everyone could be responsible with it.
it not 85 billion dollars bail out... it 700 billion and it for "wall" street here in colorado, 99% said no to bail out... only 7% said yes to bail out across the america.. bail out is just goin make it worse america dollar has no value anymore... so printing more money aint goin do shit... oh and back to your point, that would never happen, but i know what ure saying.
id spend close to 100 g's on a new car n put the rest in the bank. probably some sort of benz as im currently growing outta my Cadillac phase....ill always love the 'lac's in my heart i just want something new) id probably buy my cousin a 2008 cadillac sts-v though, he loves that car(so do i) and i owe him big for bailing me out when times were rough. so id have a little over a quarter mill goin' to the bank and collectin' me some nice interest.
Yea but if one of the candidates used your plan, made the money tax free, then they could do a monthly payment of 7,000 dollars to every person in the country, more then what most people make. that would probably cause peeps to quit yobs though, and like you said basicaally spend there money on entertainment. but if they did that then they could pay you 7000 dollars a month for five years straight, that could help a lot, but like u said again peeps will waste it or quit there yobs, which would make things worse. but if he gave out money that is only usable as bill payments, that be cool. i think the 700,000,000,000 dollars would go very well spent if we put every penny into better alternative fuel. thats a lot of yobs you create, when you need to but solar panels for every house everywhere. or a solar panel farm that can give out energy throught similar ways as to how we get our energy. Cars are something that only more and more people buy, until there is an alternative fuel car we are screwed when it comes to gas prices. yet people still buy cars, theyre necassary. so if we put all the money into getting a alterate fuel car mass produced and relatively cheap, maybe have trade offs where you can either trade in your car for the new fuel one, or you can get you car converted. i think with that sheer amount of money, we should be investing in long term thigns that will help us, since there is nothing for us to do that can slow this economy from worsening, its too bad, but it hink we need to let all the failin corporations fail, lets have a go again with capitilism again before it is too late, though i guess a lot of what i said is fearful for many republicans becuz these ideas will be easily dismissed as socialist idea, which they are , but im not really sure why socialism is bad, do u
The money should go into helping people afford healthcare, their retirement, better education, and the such.