OT AIG Bailout

Discussion in 'General Motoring' started by jim, Sep 24, 2008.

  1. jim

    jim Guest

    Hi Everyone,


    I'm against the $85,000,000,000.00 bailout of AIG. These People put us
    in this position in the 1st place because of there Greed



    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 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 .



    And remember, The Birk 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,











    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 how to best use $85
    Billion!!
     
    jim, Sep 24, 2008
    #1
  2. jim

    Irwell Guest

    Don't masturbate in bed again.
     
    Irwell, Sep 24, 2008
    #2
  3. jim

    Paradox Guest

    85 billion divided by 200 million comes out to $425 per person, yeah.....
     
    Paradox, Sep 25, 2008
    #3
  4. jim

    DonC Guest

    At least you're right about one thing -- it's OT.
     
    DonC, Sep 25, 2008
    #4
  5. jim

    Sandu Guest

    well, simple math works like that: 85b divided to 200m citizen is $425 for
    each one of them. but that's math, dreams are something else.
     
    Sandu, Sep 25, 2008
    #5
  6. jim

    Mark Shapiro Guest

    Mark Shapiro, Sep 25, 2008
    #6
  7. jim

    Matt Whiting Guest

    And the relevance of any of this to Hyundai autos is what???
     
    Matt Whiting, Sep 26, 2008
    #7
  8. jim

    jim Guest

    Uhhhhhh Matt, the Subject does say OT, Off Topic.
     
    jim, Sep 26, 2008
    #8
  9. jim

    Matt Whiting Guest

    Doesn't matter. This isn't a thread that drifted off topic as near as I
    can tell (unless my ISP missed the earlier posts) and is not even
    peripherally related to Hyundais. OT is for threads that start on topic
    and drift off. I don't think this is in that category so it should be
    taken it to a political or financial ng.

    Matt
     
    Matt Whiting, Sep 26, 2008
    #9
  10. jim

    nothermark Guest


    The cost of Iraq and Afghanistan is insignificant in the overall cost
    of the US economy. If you look closer to home you will find the
    bailout is simple greed and lack of understanding of simple economics.
    You comment shows you don't understand them either so I don't expect
    you to figure that out.
     
    nothermark, Sep 26, 2008
    #10
  11. jim

    nothermark Guest

    Take two 10 dollar bills out of your wallet. Throw one away. Put the
    other one in your pocket and thank the government for your check.
    Congratulations, you sjust left out the middle man and did it all
    yourself.
     
    nothermark, Sep 26, 2008
    #11
  12. jim

    jim Guest

    Come on Matt - OT means just that! OFF TOPIC not drifted off topic.

    Get a life.

    Jim
     
    jim, Sep 26, 2008
    #12
  13. jim

    DonC Guest

    Maybe we need another acronym like WOT (Way Off Topic) or FOR (Far...) ; )
     
    DonC, Sep 26, 2008
    #13
  14. Yes, but I'm happy to be the proud owner of my own insurance company now.
    You guys can laugh, but once the payback checks start rolling in, I'll be
    doing well. Only thing to be resolve is if we get the checks monthly or
    quarterly. What do you guys want?
    When do we get to appoint the CEO?
     
    Edwin Pawlowski, Sep 26, 2008
    #14
  15. jim

    Matt Whiting Guest

    Or just STUPID.
     
    Matt Whiting, Sep 26, 2008
    #15
  16. jim

    Matt Whiting Guest

    Anyone who posts something completely unrelated to the ng simply to try
    to attract attention to oneself is the one who needs to get a life.

    What was your purpose is posting that drivel here? Can you give any
    kind of rationale at all?

    Matt
     
    Matt Whiting, Sep 26, 2008
    #16
  17. jim

    jim Guest

    To piss off Matt.

    Jim

     
    jim, Sep 26, 2008
    #17
  18. jim

    Mike Marlow Guest

    I keep telling you Edwin - it isn't going to work that way. Remember - the
    government cut this deal. Just about the time the damned thing becomes
    profitable and we could expect those bonus checks to start rolling in, we
    have to give the damned thing back.

    I want a return on my investment equal to what the CEO gets for stepping
    down.
     
    Mike Marlow, Sep 26, 2008
    #18
  19. jim

    Matt Whiting Guest

    I was guessing you were an adolescent sneaking on mommy's computer, but
    not you've confirmed it.

    You will have to try a little harder than this though as it is very hard
    to PO me. You haven't come close yet, but I'm sure your creative 10
    year-old mind can come up with something.

    Matt
     
    Matt Whiting, Sep 26, 2008
    #19
  20. jim

    Mike Marlow Guest


    I think you did.
     
    Mike Marlow, Sep 26, 2008
    #20
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