posted on Sep, 28 2008 @ 05:36 PM
Oh, it's just politics as usual. American survived the great depression, and this doesn't really do anything to avert another depression.
Think of it as an opportunity to vote against every single Congressperson that votes for a blank check bill. Just send an email to your
Congressperson advising them that you will vote against anyone that votes for this bill, then follow up and do it. We may have a Republican Congress
and a Democratic President though.
If nothing else, it would show Congress that we can vote them out, which is after all the American way. In the meantime, we can explore participation
in a new political party, like the Green Party in Europe.
Other nations have successfully created new parties and established more accountability, so maybe that's what we need to do. Elect Ron Paul for
President under some banner or the other.
I received an email today that had bad math in it and modified it. It's a New Plan, and it might stimulate the Government Bailout
OK.....here's a plan I could live with.
I'm against the $700,000,000,000.00 bailout of the Banks.
Instead, I'm in favor of giving $700,000,000,000 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 $700 billon that equals
My plan is to give $3500 to every person 18+ as a "We Deserve It
Of course, it would NOT be tax free.
So let's assume a tax rate of 33.3%.
Every individual 18+ has to pay $1,167.00 in taxes. Let Uncle Sam
pre-tax it even!
That sends $233,400,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $2,333.00 in their pocket.
A husband and wife team has $4,666.00.
What would you do with $2,333.00 to $4,666.00 in your family?
Pay off your past due mortgage payments – foreclosure 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.
Down payment on a new car - create jobs.
Pay back taxes, then the government gets more!
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...
If we're going to do an $700 billion bailout, let's bail out every
adult U S Citizen 18+!.
Well, it was a nice pipe dream, but we are screwed.....