We Deserve It Dividend

Every once in a while I get a “generic email” that makes sense… lol here is someone who is thinking!

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 as 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 the 200 million adults into $85 billion and that equals $425,000.00. My plan is to give 425-Thousand-Dollars to every single person 18 and older that has a Social Security Number. This check could be tracked simply as any other “Rebate Check”. It could also have deducted from it the standard percent for S.S. and Medicare to “shore up” those accounts. Look, even at a tax rate of 30% with all the recipients paying $127,500.00 each in taxes would still leave a husband and wife with $595,000.00! And the ‘greedy’ ol’ government would get $25 BILLION, 500 MILLION in TAXES! Talk about a plan where everybody wins… EVEN THE BANKS… if people are still willing to place their money into them after this.

Hmm… $595,000…
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
Afford ‘Named Storm’ insurance deductibles
Have an ‘out of debt’ good night’s sleep!

If we’re going to re-distribute wealth let’s really do it!
I trust my fellow adult Americans to know how to use the $85 Billion more than I do the geniuses of the Fed or those in Washington DC.  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 and others don’t.  Sure it’s a crazy idea, but why not think outside of the “Washington” box for just this once? Can you spell “Economic Boom”!!!  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.

Kindest personal regards,

A Creative Guy & Citizen.
PS: Feel free to pass this along to your pals as it’s either good for a laugh or a tear or a very sobering thought on how to best use $85  Billion!!

Tagged as: Budget, Dividend, Economy