A Bail-Out Plan I Could Live With - From my email box.

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     I found this gem in my email in-box this morning. Don't know who came up with this, but he/she has my vote!

***

     I'm against the $85 BILLION 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 bona fide U.S. citizens, aged 18+.

 
     Our population is about 301 million counting every man, woman and20child.  So, 200,000,000 might be a fair stab at adults 18 and up.  Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each!   Yes, my plan is to give that $425,000 to every adult as a "We Deserve It" dividend.
 
     Of course, it would NOT be tax free.  So, let's assume a tax rate of 30%.  Everyone would pay $127,500.00 in taxes.  That sends $25.5 billion right back to Uncle Sam!  It also means that every adult 18+ has $297,500.00 in their pocket.  A husband and wife would have $595,000.00!
 
     What would you do with $297,500.00 to $595,000.00?
bullet Pay off your mortgage – housing crisis solved.
bullet Repay college loans – what a great boost to new grads.
bullet Put away money for college – it'll really be there.
bullet Save in a bank – create money to loan to entrepreneurs.
bullet Buy a new car – create jobs .
bullet Invest in the market – capital drives growth.
bullet Pay for your parent's medical insurance – health care improves. Enable deadbeat parents to come clean – or else.
     Remember this is for every adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann 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 $1,000.00  "economic incentive".
 
     If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!
 
    As for AIG – liquidate it.
bullet Sell off its parts.
bullet Let American General go back to being American General.
bullet Sell off the real estate.
bullet Let the private sector bargain hunters cut it up and clean it up.
     We deserve the money and AIG doesn't.  Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!
 
     How do you spell Economic Boom? W-e  D-e-s-e-r-v-e  I-t  d-i-v-i-d-e-n-d!  I trust my fellow adult Americans to know how to use the $85 Billion "We Deserve It" dividend more than do the 'geniuses' at AIG or in Washington, D.C..
 
    And remember, my plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.  Good idea?  I think so.