Genuine Hype

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  bonfide  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 $425,0 0 0 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  – health care  improves

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? 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 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 !