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Knows the ropes Member
Registered:: February 10, 2006
Posts: 8443
Posted   Reply With QuoteEdit or Delete MessageReport This Post  
From: Tony Raffin [mailto:tony@michiganreo.net]
Sent: Wednesday, September 24, 2008 4:58 PM
Subject: The Raffin Economic Recovery Plan




Hi Everybody ,

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.

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, The Birk 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,

Birk

Tony Raffin , A Creative Guy & Citizen of the Republic

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!!
UK Correspondent
Registered:: November 03, 2003
Posts: 18750
Posted   Hide PostReply With QuoteEdit or Delete MessageReport This Post  
quote:
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.


Raffin can't divide, its $425/person
Member
Location: Silver Spring, Maryland, U.S.A
Registered:: January 06, 2004
Posts: 4255
Posted   Hide PostReply With QuoteEdit or Delete MessageReport This Post  
They already send out checks for more than $425 to over 200 million people and we still in the same boat. A good indication of how well the bail out will work. dunno
Senior Member
Location: Washington, DC
Registered:: January 15, 2001
Posts: 10388
Posted   Hide PostReply With QuoteEdit or Delete MessageReport This Post  
quote:
Originally posted by Sunil:
quote:
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.


Raffin can't divide, its $425/person

Ah was just about to start a write-in campaign for Raffin for President and you gone an buss me bubble! Ah coulda use that $425K.
UK Correspondent
Registered:: November 03, 2003
Posts: 18750
Posted   Hide PostReply With QuoteEdit or Delete MessageReport This Post  
quote:
Originally posted by Errol Arthur:
Ah was just about to start a write-in campaign for Raffin for President and you gone an buss me bubble! Ah coulda use that $425K.


If Bush $700B plan goes ahead that over $4000 per man.
Senior Member
Location: Washington, DC
Registered:: January 15, 2001
Posts: 10388
Posted   Hide PostReply With QuoteEdit or Delete MessageReport This Post  
quote:
Originally posted by Sunil:
quote:
Originally posted by Errol Arthur:
Ah was just about to start a write-in campaign for Raffin for President and you gone an buss me bubble! Ah coulda use that $425K.


If Bush $700B plan goes ahead that over $4000 per man.

Like you is a practitioner of Chinese water torture or what?
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