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| Moderated by: 24HourNut | Page: 1 2   |
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foxglovepress Forum-Blogger© Original500© Member  NON-PC!!
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I know there's got to be a reason why this wouldn't work......Other than all the red tape and paperwork, I'd like to know what it is. At first glance it sounds good to me, but what I know about finance and money matters, you could put on the head of a pin. Pmh, Frank, Mill, Sirlamre, some of you guys??? >This is so ridiculously simple that it actually makes >sense...................................... >____________________________________________________ > > > 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 > >bona fide 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 billion 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 ( "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." > > > >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 Buddy plan only really costs $59.5 Billion because $25.5 > >Billion is returned instantly in taxes to Uncle Sam.
 Justice for Mark.....Imprison Employers Who Hire ILLEGALS! |
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24HourNut Administrator  Body pillows rock!
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I believe 425K multiplied by 200 million comes out to be 85 trillion, not billion. I'd double check the math on that.
The best human beings start good new topics and vote on the better posts. |
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24HourNut Administrator Body pillows rock!
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That being said, I'm not socialist and defend capitalism, but it sometimes freaks me out how if you added up many of the big expenditures (Medicare expansion, Iraq, bail outs, etc.) - certainly the trillion + spent on fighting poverty over the decades - you could buy everyone a house and lots more!
The best human beings start good new topics and vote on the better posts. |
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Millennium Original500© Member
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Lets see......take 85 billion from the people... give 59.5 billion back to the people... Tell you what..... You give me 100.00 dollars and I'll give you back 70.00 dollars...I'll do it all day long until you realize, the money is actually coming out of your pocket. the AIG bailout is more than the simple math you copied from another site...it involves insurance on peoples homes and business among other things... The owners of those homes and business didn't do anything wrong...But it's deeper than that, and no where near enough space here to explain it...There are sites everywhere if you want to read more about what happened......
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foxglovepress Forum-Blogger© Original500© Member NON-PC!!
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24HourNut wrote: That being said, I'm not socialist and defend capitalism, but it sometimes freaks me out how if you added up many of the big expenditures (Medicare expansion, Iraq, bail outs, etc.) - certainly the trillion + spent on fighting poverty over the decades - you could buy everyone a house and lots more! But how would you fight it? Aren't we fighting it now by giving people welfare, free medical, cheap housing, foodstamps? Do you mean creating more jobs, what?
Justice for Mark.....Imprison Employers Who Hire ILLEGALS! |
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foxglovepress Forum-Blogger© Original500© Member NON-PC!!
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Millennium wrote: Lets see......take 85 billion from the people... give 59.5 billion back to the people... Alright, alright! I said I knew it wouldn't be that simple, but dang it sounded good to me! I also knew you guys would set me straight!  So Frank......you can delete this thread it you want. 
Justice for Mark.....Imprison Employers Who Hire ILLEGALS! |
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Erinna1112 Original500© Member  Witty clever title pending
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24HourNut wrote: I believe 425K multiplied by 200 million comes out to be 85 trillion, not billion. I'd double check the math on that. You are quite right - whichever brainchild penned this originally can't do simple math. It wouldn't work because somebody didn't count the zeros correctly. Each person would get around three thousand dollars, not three hundred thousand. Sure, three grand would be nice. But it's not payin' off my house.
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foxglovepress Forum-Blogger© Original500© Member NON-PC!!
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Erinna1112 wrote: 24HourNut wrote:I believe 425K multiplied by 200 million comes out to be 85 trillion, not billion. I'd double check the math on that. I knew it would be some lame ass thing I wouldn't see. Luckily it wasn't my brain child, but just as dumb that I didn't catch it! I'm bored you people, and I'm tired of politics! I thought this would be entertaining for at least an hour!  Sorry.Last edited on 10:41 pm by foxglovepress Justice for Mark.....Imprison Employers Who Hire ILLEGALS! |
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24HourNut Administrator Body pillows rock!
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foxglovepress wrote: 24HourNut wrote:That being said, I'm not socialist and defend capitalism, but it sometimes freaks me out how if you added up many of the big expenditures (Medicare expansion, Iraq, bail outs, etc.) - certainly the trillion + spent on fighting poverty over the decades - you could buy everyone a house and lots more! I was saying that I sometimes feel or wonder if all the money being spent on fighting poverty over the decades in all its forms AND the money put into certain big ticket items, not to mention the waste, fraud, and stolen money ... wouldn't have been enough to buy everyone (or at least everyone who needs) a house ... I also wonder, sometimes, what would have happened if that money was used to create jobs either directly by Government or in arrangement with it, cleaning streets, fixing things, whatever ... so people always had a backup job in an emergency or something. I don't know. Believe me, I love capitalism, I am just just saying Jesus we've spent a ton of money over the decades directly and indirectly to support the poor or Americans in general ... seems there is little to show for it. I mean, we've spent over a trillion dollars targeting poverty alone (don't ask for stats, that was just from past memory) and I am not sure that there has even been a respectable dent made.
The best human beings start good new topics and vote on the better posts. |
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Millennium Original500© Member
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Frank....It has been proven time and time again...Govt never does anything cheaper than the free market can do on it's own....
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24HourNut Administrator Body pillows rock!
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Millennium wrote: Frank....It has been proven time and time again...Govt never does anything cheaper than the free market can do on it's own.... Yes, I realize ... part of my "wondering" includes that money having been funneled through privatized means.
The best human beings start good new topics and vote on the better posts. |
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Millennium Original500© Member
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Yes, I realize ... part of my "wondering" includes that money having been funneled through privatized means. A shit load of our representatives have gotten rich from the "Govt will do it" crowd.
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24HourNut Administrator Body pillows rock!
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Ultimately, since I totally support the capitalist/freedom-based system, we gotta get so much money extraction and production abilities from our political whores. I know we all know that, how we need spending control, etc. but damn it is blatant now. No way our grandkids can get us out of the current debt, it seems! And it just keeps growing with no slow down!
The best human beings start good new topics and vote on the better posts. |
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Millennium Original500© Member
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24HourNut wrote: Ultimately, since I totally support the capitalist/freedom-based system, we gotta get so much money extraction and production abilities from our political whores. I know we all know that, how we need spending control, etc. but damn it is blatant now. No way our grandkids can get us out of the current debt, it seems! And it just keeps growing with no slow down! The problem is this........what representative is going to tell his constituants HE is not going to get the money for his people because we are spending too much?? Not a damn one of them....The reason?..Because everybody feels it's the OTHER son of a bitch that is spending too much...You tell yours that you aren't going after their piece of the Govt pie, and the next election, you're gone... Our greed is just as despicible. Last edited on 01:13 am by Millennium |
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24HourNut Administrator Body pillows rock!
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Millennium wrote: 24HourNut wrote:Ultimately, since I totally support the capitalist/freedom-based system, we gotta get so much money extraction and production abilities from our political whores. I know we all know that, how we need spending control, etc. but damn it is blatant now. No way our grandkids can get us out of the current debt, it seems! And it just keeps growing with no slow down! Totally agreed. I took what you said as part of some solid reasoning for us all to collectively NOT vote either iof the two major political whore Parties into office to send a real message about what we want for this Country. Otherwise, we are just electing more of the same, enabling things getting worse. It's our fault, ultimately.
The best human beings start good new topics and vote on the better posts. |
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