My life lately has consisted of work, school, studying and exhaustion. I've taken several tests now, and have another on Monday. I took a Child and Adolescent Psych test on Thursday, which I feel confident about. I have a Psych II test on Monday which, while I need to study for it, I also am not too worried about. But my weekends, which should be free time for me, always seem to be taken up by Bio homework and quiz studies, and studying for tests as well. Not to mention the readings I have to do for my other classes. It's all good though. I love a challenge.
I don't have much to say for myself right now, but I received this email and I thought I would share it with you. I think this is a great idea (and it's non-partisan, which makes me happy just now):
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. My plan is to give $425,000 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?
I don't have much to say for myself right now, but I received this email and I thought I would share it with you. I think this is a great idea (and it's non-partisan, which makes me happy just now):
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. My plan is to give $425,000 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.
-Buy a second home - stimulate the economy
-Repay college loans - what a great boost to new grads
-Put away money for college - it'll be there
-Pay off credit cards - more disposable income to invest or purchase
goods and services - stimulate the economy
-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...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?
I 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.
PS: Feel free to pass this along to your pals as it's either
good for a laugh or a tear or a very sobering thought on how
to best use $85 Billion!!
Second, I love the Dividend idea! I'll be looking for my check in the mail within the next couple of months:)
It's just so damned ridiculous.
What the hell ever happened to personal accountability in this country?!?!
And don't get me started on Fannie & Freddie. Ugh.