Solution to Financial Bail out.

Last Updated on Tuesday, 30 September 2008 03:22 Written by Brian Tuesday, 30 September 2008 03:22

Normally I don’t do this, but this message from my company’s HR person who happens to be a CPA was just too good not share with others.

Not to mention I am all for it!

Solution to Financial Bail Out – We Deserve It Dividend.

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 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 each.  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 have $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 US 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, this plan only really costs $59.5 Billion because $25.5 billion is returned instantly in taxes to Uncle Sam.

FADNA 2008 Update.

Last Updated on Wednesday, 17 September 2008 02:34 Written by Brian Wednesday, 17 September 2008 02:34

There have been quite a few discussions and meetings recently in regards to FAD planning. There has been a lot of good progress and great ideas coming out of these. With time getting close, we are looking at finalizing the Agenda and Schedule for FADNA shortly.

If you are a North American Ambassador I would ask that you take a moment to look at what we have come up with so far and a “tentative” schedule of events located at the FADNA2008 wiki page. If you have anything to add feel free to do so.

This also applies to anyone who wants to, but may not be able to physically attend the event, as we are looking at ways to include and support remote attendees.

Clint Savage (herlo) also created this cool looking badge for FADNA attendees.

Fedora Ambassador Polo’s – Round 2

Last Updated on Thursday, 4 September 2008 09:07 Written by Brian Wednesday, 3 September 2008 08:00

Are you a North American Fedora Ambassador and want to display your passion for Fedora and your title with style?

What better way to represent Fedora than with a high quality and stylish embroidered polo shirt?

Fedora Ambassadors Polo

Orders are now being accepted, but you need to act quickly as the bulk order is being placed on Thursday Sept 4th 2008.

For more details and to place your order, check out the Fedora Ambassador Polo wiki page

Hurry!! Dont miss the chance to get one or more of these awesome polo’s!

Special Thanks goes out to Pascal Calarco for putting this together and taking the lead on it! Go Irish!!