Monday, September 29, 2008

American Financial Crisis Solution

A few days ago I received an email (these kind of email that friend send to friends), very interesting.
The person was upset with the $700 billion bailout. And he had an idea to solve the American financial crisis.

I'm against the $850,000,000,000 bailoutof AIG and others
Instead, I'm in favor of giving $850,000,000 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+.

Paying taxes our population is about 301,000,000 +/- counting every man, woman and child.So 200,000,000 might be a fair stab at legal adults 18 and up.
So divide 200 million adults 18+ into $850 billion that equals $425,000.PAY 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 legal individual 18+ has to pay $127,500 in taxes. That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500 in their pocket.
A husband and wife get $595,000.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 grad
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 …
…As for AIG and others !!!!!!!!!!!!!
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 the rationale: We deserve it and AIG and others don’t especially the firms and orgs that got us into this mess!!!!!!!!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 $850 Billion We Deserve It Dividend more than I do the geniuses at AIG Fanny Mae Sally Mae or who ever in Washington DC.
And the plan only really costs $590.5 Billion because $205.5 Billion is returned instantly in taxes to Uncle Sam.
Maybe … I AM stupid but if you want instant stability and a fast growing economy I think this is a no brainer”.

He had a wonderful idea, but that is not the reality…
What will happen? Probably we’ll have more inflation, recession and we’ll see more employments.
But, the Human been has the great ability to looking for alternatives, that’s the positive way, because we don’t want to lose our mind or our money. We don’t want to be and the bad way, no!!
Where to go?
The Informal Economy will grow. The people will look for ways to take extra money.
It is happen now. Is for this reason the internet market has growing fast.
See some options on http://www.sandcr.ws/, www.my.ws/sandcr in those sites you can see some top programs to make extra money.
At this time… is better you take care yourself! And don’t waste your time, start now, they don’t go to wait for you…


Sandra


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