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Thread: AIG Bailout, the peoples way
          
   
   

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  1. #1
    mooneye777's Avatar
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    AIG Bailout, the peoples way

     



    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


    Live everyday like it were your last, someday it will be.

  2. #2
    Itoldyouso's Avatar
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    I hope my $ 297,500.00 gets here real soon, I need a few goodies for my Dodge. This guy has my vote.

    Don

  3. #3
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    what a great idea. makes alot of sense.
    BARB

    LET THE FUN BEGIN

  4. #4
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    I could go for that , sounds great. Please do not send it by PayPal.

    Richard

  5. #5
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    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.
    theres no foo like an old foo

  6. #6
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    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!
    I ain't dumb, I just ain't been showed a whole lot!

  7. #7
    Jarred Hodges is offline CHR Member Visit my Photo Gallery
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    Quote Originally Posted by 61bone
    Now I'm no mathmatical genius, but I believe that 85B divided by 200M is
    425$.
    yea I noticed that
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  8. #8
    dogtag's Avatar
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    Most calculators won't let you put in that many zeros so it kinda screws up the
    result. Try it....
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  9. #9
    lurker mick's Avatar
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    With this guys creative math, he could become CEO of AIG!

    I believe $450 is the correct amount.

    Mick

  10. #10
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    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.
    Last edited by mooneye777; 09-28-2008 at 04:23 AM.


    Live everyday like it were your last, someday it will be.

  11. #11
    mrmustang's Avatar
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    Quote 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
    Instead of being part of the problem, be part of a successful solution.

  12. #12
    Supa Roosta's Avatar
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    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
    Last edited by Supa Roosta; 09-28-2008 at 05:56 AM.

  13. #13
    61bone's Avatar
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    Quote 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?
    theres no foo like an old foo

  14. #14
    Matt167's Avatar
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    Using powers cuts down on the zero's with big numbers. They start teaching that stuff around 8th grade now
    You don't know what you've got til it's gone

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  15. #15
    61bone's Avatar
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    I was taught in the 4th grade that you can throw out an equal number of zeros in each number so you would wind up dividing 2 into 850. Geeez are you smarter than a 4th grader?
    theres no foo like an old foo

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