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  • From: Lynn Wigglesworth <lynnw1366 AT hotmail.com>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Fw: $85 Billion - THE BEST YET ...
  • Date: Thu, 25 Sep 2008 08:26:54 -0400


I'm fairly math-challenged, but I came up with $425 per adult.

Lynn Wigglesworth

Jeanne Driese wrote:
> What an idea thought this list could have fun with this, of course the
> money is not there it begin with,
> but what an idea.................
> Jeanne
> tnhillwoman
> North East TN zone 6
> ----- Original Message -----
>
>
> Dear Friends ... nope, don't have a 'source' ... nope, didn't check the
> math ... yep, SOUNDS GOOD TO ME. What do you think ??? We're talking more
> than $85 Billion, are we not ???
>
> "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 billion 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 economic incentive that is being proposed by
> one of our candidates for President.
> IF WE WERE GOING TO DO AN A$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 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 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..."
>
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