John
3 posts |
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US Senate |
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9/27/2008 4:01:35 PM |
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Dear Speaker Pelosi, instead of giving $85,000,000,000 to Wall Street, let's give it to America in a 'We Deserve it" the dividend program. To make the math simple, let's assume there are 200,000,000 bona fide U.S. Citizens, aged 18+. Now, divide 200 million into $85 billion - that equals $425,000..00 each! Yes, my plan is to give that $425,000 to every adult as a 'We Deserve It" dividend. So, let's assume a tax rate of 30%. Every one would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00! What would we do with $297,500.00 or $595,000.00? Pay off the mortgage - housing crisis solved. Repay college loans - what a great boost to new grads. Put away money for college - it'll really be there. Save in a bank - create money to loan to entrepreneurs. Buy a new car - create jobs. Pay for your parent's medical insurance - health care improves. Remember this is for every adult U.S. Citizen, 18 and older (including the folks who lost their jobs at Lehmann 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! If we're going to do an $85 billion bailout, let's bail out every adult U.S. Citizen!! As for AIG - liquidate it. Sell off its parts. Let the private sector bargain hunters cut it up and clean it up. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?! How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-I-v-I-d-e- n-d! 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, D.C. |
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