Dec 6, 2008

A Bail Out For Us!

Here’s a thought for our representatives, both Republican and Democrat: No more bail out!

If we are going to bail out each country that comes along and says, “Help” and we’re going to bail out each business that fails and says “Help,” then let’s bail you and me out. Our representatives are supposed to represent us. It doesn’t matter whether they are Democrat, Republican, or Independents once elected, the represent all the people of their district or area or even nation. So, tell your representative that you want a bail out too. Here’s an excerpt of an e-mail that makes good 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, aged 18+. 
 
Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up.

Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a "We Deserve It" dividend. 
 
Of course, it would NOT be tax free. So, let's assume a tax rate of 30%. Every recipient would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00! 


What would you do with $297,500.00 to $595, 000.00? Pay off your mortgage – housing crisis solved- Repay college loans – what a great boost to new grads 
· Put away money for college – it'll really 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 and older.

Remember, this plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.”



To me, it looks like this guy has the plan that will work. Maybe we should forward it to our representatives. 
 Should the government be worried that we can’t handle out money, let us send in an IRS form indicating how the money was used and they (our government) can send each of us a form telling us how they used our money. After all, someone once said that “people do what you inspect, not what you expect”.