Thread: AIG Bailout, the peoples way

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I just got this in an e-mail, interesting thought.


AIG......why not do it this way?????


Hi Folks

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 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 200 million adults 18+ into $85 billon 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 A mericans 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 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 of the Republic !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

I hope my $ 297,500.00 gets here real soon, I need a few goodies for my Dodge. This guy has my vote.

Don

what a great idea. makes alot of sense.

I could go for that , sounds great. Please do not send it by PayPal.

Richard

Now I'm no mathmatical genius, but I believe that 85B divided by 200M is
425$. I'll take the family out for pizza and beer.

Originally Posted by 61bone

Now I'm no mathmatical genius, but I believe that 85B divided by 200M is
425$.

yea I noticed that

Most calculators won't let you put in that many zeros so it kinda screws up the
result. Try it....

It would never work Moon, cause it makes sense. And as we all know the government and sense go together about like oil and water!

With this guys creative math, he could become CEO of AIG!

I believe $450 is the correct amount.

Mick

I am by any means not a mathematical expert, but I think the 425,000 is correct. Anyone smart enough to truely actually work this problem please let us know.

Well I just pulled some hair out but I think 61Bone is correct, it is 425 bucks. Well I guess I will just have to keep working until my employer goes under.

Originally Posted by lurker mick

With this guys creative math, he could become CEO of AIG!

I believe $450 is the correct amount.

Mick

Yup

Actually it's a little less than $450.00

1 Billion = 1 X 109
85 Billion = 8.5 X 1010

1 Million = 1 X 106
200 Million = 2 X 108

8.5 X 1010 / 2 X 108 = 4.25 X 102

$425.00

Originally Posted by Supa Roosta

Actually it's a little less than $450.00

1 Billion = 1 X 109
85 Billion = 8.5 X 1010

1 Million = 1 X 106
200 Million = 2 X 108

8.5 X 1010 / 2 X 108 = 4.25 X 102

$425.00

WOW, whatever happened to simple division?

Using powers cuts down on the zero's with big numbers. They start teaching that stuff around 8th grade now

Man did we loose money faster then wall st. I was really counting on the larger amount!!!!!!!!! Well you can't hold onto it for too long anyway I guess.

Richard