beamjockey (beamjockey) wrote,
beamjockey
beamjockey

A Much-Forwarded E-Mail Offering a Novel Approach to Our Economic Crisis

I found this message to be highly interesting.

-------- Original Message --------
Subject:     FW: How's This For An Idea?
Date:     Thu, 25 Sep 2008 16:02:39 -0500
From:     [name of relative deleted out of mercy]
To:     [list of other victims]
------------------------------------------------------------------------

    **WOW, WHOEVER THOUGHT OF THIS IS A GENIUS...!!!!! **

*Subject:* $85 Billion


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 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 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 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.



>     **WOW, WHOEVER THOUGHT OF THIS IS A GENIUS...!!!!! **
Not the word I would choose.

> To make the math simple, let's assume there are 200,000,000
> bonafide U.S. Citizens 18+.
This is a reasonable estimate.
> So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
Since you are sitting in front of a computer right now, fire up a
spreadsheet and paste in this formula:

=(85000000000/200000000)

> But it means that every adult 18+ has $297,500.00 in their pocket.
> A husband and wife has $595,000.00.
Can't wait to see what K wants to do with our share! We'll start
making plans right away.

Having cash in our pockets would be WAY better than making sure a bunch
of banks are insured. Let the banks take their chances! Who needs
banks anyway?

Here's a public service announcement I wrote many years ago. You're
welcome to cut THIS out and e-mail it to everyone you know.
Every so often, Innumeracy strikes.
       Out of all Americans,
       a lot suffer from it.
          But we can win
    the fight against Innumeracy
          with your help.
  All it takes is a few pennies a day.

The proposal is taking the Net by storm. Tell your friends and family about it.
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