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	<title>BrianPowell&#039;s Blog &#187; Misc</title>
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		<title>Solution to Financial Bail out.</title>
		<link>http://blog.rhatters.org/2008/09/30/solution-to-financial-bail-out/</link>
		<comments>http://blog.rhatters.org/2008/09/30/solution-to-financial-bail-out/#comments</comments>
		<pubDate>Tue, 30 Sep 2008 19:22:54 +0000</pubDate>
		<dc:creator>Brian</dc:creator>
				<category><![CDATA[Misc]]></category>

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		<description><![CDATA[Normally I don&#8217;t do this, but this message from my company&#8217;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 &#8211; We Deserve It Dividend.
I&#8217;m against the $85,000,000,000.00 bailout of AIG.  Instead, I&#8217;m in favor of giving [...]]]></description>
			<content:encoded><![CDATA[<p>Normally I don&#8217;t do this, but this message from my company&#8217;s HR person who happens to be a CPA was just too good not share with others.</p>
<p>Not to mention I am all for it!</p>
<p>Solution to Financial Bail Out &#8211; We Deserve It Dividend.</p>
<p>I&#8217;m against the $85,000,000,000.00 bailout of AIG.  Instead, I&#8217;m in favor of giving $85,000,000,000 to America in a  We Deserve It Dividend.</p>
<p>To make the math simple, let&#8217;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..</p>
<p>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.</p>
<p>Of course, it would NOT be tax free.  So let&#8217;s assume a tax rate of 30%.</p>
<p>Every individual 18+ has to pay $127,500.00 in taxes.  That sends $25,500,000,000 right back to Uncle Sam.</p>
<p>But it means that every adult 18+ has $297,500.00 in their pocket.   A husband and wife have $595,000.00.</p>
<p>What would you do with $297,500.00 to $595,000.00 in your family?</p>
<p>- Pay off your mortgage &#8211; housing crisis solved.</p>
<p>- Repay college loans &#8211; what a great boost to new grads</p>
<p>- Put away money for college &#8211; it&#8217;ll be there</p>
<p>- Save in a bank &#8211; create money to loan to entrepreneurs.</p>
<p>- Buy a new car &#8211; create jobs</p>
<p>- Invest in the market &#8211; capital drives growth</p>
<p>- Pay for your parent&#8217;s medical insurance &#8211; health care improves</p>
<p>- Enable Deadbeat Dads to come clean &#8211; or else</p>
<p>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.</p>
<p>If we&#8217;re going to re-distribute wealth let&#8217;s really do it&#8230;instead of trickling out a puny $1000.00 ( &#8220;vote buy&#8221; ) economic incentive that is being proposed by one of our candidates for President.</p>
<p>If we&#8217;re going to do an $85 billion bailout, let&#8217;s bail out every adult US Citizen 18+.</p>
<p>As for AIG, liquidate it.  Sell off its parts.  Let American General go back to being American General.</p>
<p>Sell off the real estate.  Let the private sector bargain hunters cut it up and clean it up.</p>
<p>Here&#8217;s my rationale.  We deserve it and AIG doesn&#8217;t.  Sure it&#8217;s a crazy idea that can &#8220;never work.&#8221;  But can you imagine the Coast-To-Coast Block Party!</p>
<p>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 .</p>
<p>And remember, this plan only really costs $59.5 Billion because $25.5 billion is returned instantly in taxes to Uncle Sam.</p>
<div style="float:left"><a href="http://www.google.com/reader/link?url=http://blog.rhatters.org/2008/09/30/solution-to-financial-bail-out/&title=Solution to Financial Bail out.&srcTitle=BrianPowell&#039;s Blog&srcURL=http://blog.rhatters.org"target="_blank" rel=""><img border="0" src="http://blog.rhatters.org/wp-content/plugins/wp-google-buzz/icon/small_horiz.png" style="opacity:1;filter:alpha(opacity=100)" onmouseover="this.style.opacity=0.7;this.filters.alpha.opacity=70" onmouseout="this.style.opacity=1;this.filters.alpha.opacity=100"/> </a></div>]]></content:encoded>
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