A bailout that makes sense! I'm in favor of giv...

2008-11-19T08:44:00.000-06:00

A bailout that makes sense!

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 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.My plan is to give $425,000
to every person 18+ as a 'We Deserve ItDividend'.
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 jobsInvest 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.

Comments on Mish's Global Economic Trend Analysis: Second Push To Stop Auto Bailout Madness

A bailout that makes sense! I'm in favor of giv...