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Solution to the Financial crisis [Archive] - StangBangerz Forums

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Black Horse
09-25-2008, 01:07 PM
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 bonifide 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 $127,50000 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.
Maybe???

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.

Stangman
09-25-2008, 01:41 PM
That would COMPLETELY kick ass!!! Dave for President!! WOOT!! :bigthumb

KenB
09-25-2008, 02:06 PM
Before you vote Dave for President, we need to chip in and buy him a calculator. It would be $425 per person, not $425,000


lol


Ken

Stangman
09-25-2008, 02:09 PM
:lol:

I'll still take $425 bucks!!

Flaming87lx
09-25-2008, 02:17 PM
Heck yeah, you show really send that to congress! How did you come up with that? Millions could keep there homes, the possiblities are unreal. You got my vote

Blonde_5.0
09-25-2008, 02:26 PM
That would COMPLETELY kick ass!!! Dave for President!! WOOT!! :bigthumb


Gets my vote too!!!:bigthumb

Even if it is only $425

Black Horse
09-25-2008, 03:50 PM
Ken is on the ball......and if you read the last line....this is a "Birk" proposal.....Senator Birk perhaps?

And you wonder why we are in so much deep financial doo doo...whats a measly three zeros to everyone anyway?

But if you reverse the thinking, if everyone CONTRIBUTES $425 we would have enough to take care of the finacial crisis.....I wonder how much we will actually be TAXED to pay for what is coming at us......

I don't want to be President....

DeckerEnt
09-26-2008, 05:15 PM
You have to think of where all those billions are going to be coming from. Our own back pockets..LOL in higher taxes. F-That.
Keith

beefcake
09-26-2008, 10:32 PM
i like daves numbers better lol