Wednesday, September 24, 2008

Chain Mail


I'm not a big fan of chain mail. In fact I tend to delete them rather than even bothering to read them. It's usually pretty obvious when you get one too. So today I'm going to break my rule of not forwarding them. I'm going to break it to the extent that I'm actually going to post a copy of the email here. I'm doing so because the premise of the email I received was so fucking good that all I could say was "hmph".

Don't worry folks. The proposal in this email will never happen.

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 billon
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.
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 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, This 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

1 comment:

Anonymous said...

What could the possible downfall of this plan be? Isn't it true that the wealth ends up back in the hands of the ________ (fill in the blank) eventually???? But I sure would revel in seeing my bank balance for that one month!!!!