Food For Thought

I love this! I'd be able to pay off my debt, buy a car and buy my house with a few upgrades and still have money left over to invest!
~J

I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000.00 to America in a "We Deserve It Dividend."
To make the math simple, let's assume there are 200,000,000 bbonafide US 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 & 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 in taxes.
Taht sends $25,500,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500 in their pocket.
A usband and wife has $595,000.
What would you do with $297,500 to $595,000 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 parents medical insurance - health care improves
Remember this is for every adult US citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. (I can think of another)
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 ("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, lets bail out every adult US citizen 18+.
As for AIG - liquidate it, sell of it's 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 Family plan only really costs $59.5 billion because $25.5 billin is returned instantly in taxes to Uncle Sam.