Godlike Productions - Discussion Forum
Users Online Now: 1,676 (Who's On?)Visitors Today: 9,981
Pageviews Today: 14,333Threads Today: 3Posts Today: 83
12:08 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?

 
i is that which i is
Offer Upgrade

User ID: 342515
United States
09/28/2008 08:30 PM
Report Abusive Post
Report Copyright Violation
A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?
Hi Everyone,

The original message below is a much better plan than to bailout the thieves, crooks, and scoundrels in the Stock Market.

I would like to add just a few strings since this money is borrowed from ourselves and will be paid back by ourselves and our children with higher inflation regardless of whether we get it or AIG gets it.

Therefore the money must be spent with a few guidelines:

1. If a person has home mortgages or credit card debts, these must be reduced or eliminated first with a guarantee by that person to keep future such spending in line with ability to pay.
2. Spent in the US on US made products in order to reestablish our manufacturing base.
3. If on automobiles, they must get a minimum of 40 miles per gallon, preferably zero emission plug in electric or hydrogen vehicles.
4. If invested, it must be on alternate energies such as solar, wind, wave, geothermal or other green technologies in order to get off Foreign Oil.

Send this to your Congress Persons immediately and everybody you know before Congress does something stupid! Again!

Sincerely,

------Second message-----
Too bad none of our presidential candidates or any of our reps and senators in Washington have the stones to propose this. It just makes too much sense and not enough red tape.

----- Original Message ----- Author Unknown (Will the original author please stand up for congratulations and applause.)
Sent: Friday, September 26, 2008 4:26 AM
Subject: New Economic Recovery Plan... why not?
Good Afternoon Everyone,

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 “ 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 have $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.

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.

Let SunAmerica go back to being SunAmerica

Sell AIG's auto insurance division to Allstate. AIG's new chairman used
to run Allstate as well.

Sell off AIG's Annuity operations.

Sell off ILFICO, nobody wants to lease planes anyway.

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

And remember, The Tri-Star plan only really costs $59.5 Billion
because $25.5 Billion is returned instantly in taxes to Uncle Sam.

I feel much better now that my feelings are known. Are there any flaws
in this plan? Let me know...


Make it a great day!!
"I am not afraid to stand alone, but it's always more fun if I have friends standing with me." Lena Coleon.
i is that which i is  (OP)

User ID: 342515
United States
09/28/2008 08:46 PM
Report Abusive Post
Report Copyright Violation
Re: A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?
This ran off the page before very many got to read it. bump
"I am not afraid to stand alone, but it's always more fun if I have friends standing with me." Lena Coleon.
i is that which i is  (OP)

User ID: 342515
United States
09/28/2008 08:54 PM
Report Abusive Post
Report Copyright Violation
Re: A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?
Looks like no one is interested in getting $297,500 dollars for themselves instead of paying it to the Wall Street thieves. bump
"I am not afraid to stand alone, but it's always more fun if I have friends standing with me." Lena Coleon.
Anonymous Coward
User ID: 503239
United States
09/28/2008 09:03 PM
Report Abusive Post
Report Copyright Violation
Re: A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?
re-do the math please 200 million into 85B is $425 each errr
i is that which i is  (OP)

User ID: 342515
United States
09/28/2008 09:07 PM
Report Abusive Post
Report Copyright Violation
Re: A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?
I didn't do the original math and my calculator doesn't go that high.

The original idea is sound especially in light of the new bailouts for $800 Billion as the first installment.
"I am not afraid to stand alone, but it's always more fun if I have friends standing with me." Lena Coleon.
i is that which i is  (OP)

User ID: 342515
United States
09/28/2008 09:08 PM
Report Abusive Post
Report Copyright Violation
Re: A BETTER BAIL OUT PLAN; $297K FOR YOU, not them?
I could solve this Bailout problem with one or two words. NO or Hell NO!
"I am not afraid to stand alone, but it's always more fun if I have friends standing with me." Lena Coleon.





GLP