Aspie with Attitude

Sure, I'm just another Southern Recovering Alcoholic NPR- and Sweet-Tea Addicted Comic Mom with Asperger's in the SFV, but I can tell you now that I don't necessarily fit the stereotype.

Tuesday, September 30, 2008

Now, Here's the Way to Have a Bailout!

Now this is the way to fix the economy.

Against AIG bailout - read this

I'm against the $85 BILLION 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 bona fide U.S.
citizens, aged 18+.

Our population is about 301 million counting every man, woman and
child. So, 200,000,000 might be a fair stab at adults 18 and up. Now,
divide 200 million, 18+ adults into $85 billion - that equals
$425,000.00 each! Yes, my plan is to give that $425,000 to every
adult as a 'We Deserve It' dividend.
***(Note: I would only include every
citizen, ( not illegals)
currently paying or filing an Income Tax Return)

Of course, it would NOT be tax free. So, let's assume a tax rate of
30%. Everyone would pay $127,500.00 in taxes. That sends $25.5
billion right back to Uncle Sam! It also means that every adult 18+
has $297,500.00 in their pocket. A husband and wife would have

What would you do with $297,500.00 to $595,000.00?

Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads.
Put away money for college – it'll really 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 parents to come clean – or else.

Remember this is for every adult U.S. citizen, 18 and older (including
the folks who lost their jobs at Lehmann 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 $1,000.00 'economic incentive'.

If we're going to do an $85 billion bailout, let's bail out every adult
U.S. citizen!

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.

We deserve the money and AIG doesn't. Sure it's a crazy idea, but can
you imagine the coast-to-coast block party?!

How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t
d-i-v-i-d-e-n-d! 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 , D.C. .

And remember, my plan only really costs $59.5 billion because $25.5
billion is returned instantly in taxes to Uncle Sam. Good idea? I
think so.

Thank you.

Judy Whiteley

I received this post from a homeschooling group. I absolutely love it! The socialists almost won yesterday with the vote to nationalize the monetary system. The solution, of course, is to end the Federal Reserve Bank, a private entity that has no business regulating our money. However, it is rumored that President Kennedy suggested ending it, only a few weeks before he was killed. The elite bankers have an extremely strong hold on the U.S. economy and threatening that hold could make their lives much more difficult. That's why Bush, who should be against any bailout, is touting this socialist plan as if it were some kind of free market panacea. And the masses, who are often informed only via the propaganda that major newspapers publish these days, believe that it's the "greedy capitalists" that have gotten us in trouble. It's easy to hate the "greedy capitalists," but much more difficult to place the blame on the government, which needs to stop printing money willy nilly and needs to wean itself from the quite toxic tit of the Federal Reserve. Most people have such a poor understanding of economics that they really believe that government schools provide "free" education. Perhaps this whole bailout thing will make people more willing to accept the truth. Perhaps.

1 comment:

Jim Wetzel said...

"Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each!"

O Thinking Mama, I take a back seat to no one in my opposition to -- no, more like "hatred of" -- all the current "bailouts" and other forms of gummint robbery. However, people -- especially people from homeschooling groups -- need to check the math before passing it along, because not doing so can make them look bad. $85B divided by 200M people is $425 per person, not $425K.

That said -- let's break out the tar and feathers for our rulers.