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	<title>Genuine Hype &#187; bailout of AIG</title>
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		<title>I&#8217;m against the $85,000,000,000.00 bailout of AIG</title>
		<link>http://genuinehype.com/2008/09/25/8500000000000-bailout-aig/</link>
		<comments>http://genuinehype.com/2008/09/25/8500000000000-bailout-aig/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 00:02:57 +0000</pubDate>
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				<category><![CDATA[Phone Reviews]]></category>
		<category><![CDATA[bailout of AIG]]></category>

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		<description><![CDATA[I&#8217;m against the  $85,000,000,000.00 bailout of AIG. Instead, I&#8217;m in favor of giving  $85,000,000,000 to  America in a We Deserve It  Dividend. To make the math simple, let&#8217;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 [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m against the  $85,000,000,000.00 bailout of AIG. Instead, I&#8217;m in favor of giving  $85,000,000,000 to  America in a We Deserve It  Dividend.</p>
<p>To make the math simple, let&#8217;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</p>
<p>18 and up..</p>
<p>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&#8217;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.</p>
<p>But it means that every adult 18+ has 297,500.00 in  their pocket. A husband and wife has $595,000.00.<br />
What  would you do with $297,500.00 to $595,000.00 in your family? Pay  off your mortgage &#8211; housing crisis solved. Repay college loans &#8211; what a great boost to new grads Put away money for college &#8211; it&#8217;ll be there Save in a bank &#8211; create money to loan to entrepreneurs.</p>
<p>Buy a new car -  create jobs</p>
<p>Invest in the market &#8211; capital drives growth</p>
<p>Pay  for your parent&#8217;s medical  &#8211; health care  improves</p>
<p>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.</p>
<p>If we&#8217;re going to re-distribute wealth let&#8217;s really do it&#8230;instead of trickling out a puny $1000.00 ( &#8220;vote buy&#8221; )  economic incentive that is being proposed by one of our candidates for President.  If we&#8217;re going to do an $85 billion  bailout, let&#8217;s bail out every adult U S Citizen 18+!</p>
<p>As for AIG -  liquidate it.</p>
<p>Sell off its parts.</p>
<p>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&#8217;s  my rationale. We deserve it and AIG doesn&#8217;t.  Sure it&#8217;s a crazy  idea that can &#8220;never work.&#8221; 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 .</p>
<p>And remember, The Family plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.</p>
<p>Ahhh&#8230;I feel so much better getting that off my  chest.</p>
<p>Kindest personal regards,</p>
<p>A Creative Guy &amp; Citizen  of the Republic !</p>
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