American Bankers not too popular
Posted: Sat Sep 27, 2008 8:02 pm
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Posted: Sat Sep 27, 2008 8:02 pmRe: American Bankers not too popular
Posted: Sat Sep 27, 2008 8:04 pmMods - Please feel free to move this to the "House of Fun" - Posted in the wrong forum
Re: American Bankers not too popular
Posted: Sun Sep 28, 2008 2:18 amlol Kevin!
Here is a good bailout plan!! Yes, it is from an American view, but feel free to make a template and fill in UK figures!
I'm against the $85 BILLION 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 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 billon - 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 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 (including the folks who lost their jobs at Lehmann 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 $1,000.00 economic incentive.
If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!!
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.
We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!
How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! 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, D.C. .
And remember, The Birk plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.
Here is a good bailout plan!! Yes, it is from an American view, but feel free to make a template and fill in UK figures!
I'm against the $85 BILLION 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 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 billon - 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 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 (including the folks who lost their jobs at Lehmann 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 $1,000.00 economic incentive.
If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!!
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.
We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?!
How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! 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, D.C. .
And remember, The Birk plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.
Re: American Bankers not too popular
Posted: Sun Sep 28, 2008 2:26 amSounds like a good plan 
However, doesn't 85,000,000,000 divided by 200,000,000 = 425? (And not 425,000)
However, doesn't 85,000,000,000 divided by 200,000,000 = 425? (And not 425,000)
Re: American Bankers not too popular
Posted: Sun Sep 28, 2008 2:29 amdamn damn damn!!!
... and i was so excited and had my money spent!
... and i was so excited and had my money spent!
Re: American Bankers not too popular
Posted: Sun Sep 28, 2008 2:35 amI think these buyouts are just delaying the inevitable. I hope I'm wrong, but I think we're in for a long recession. Just heard that another bank over here (Bradford and Bingley) is going to be Nationalised.
Sure this must be happening elsewhere, but the only banks I've heard of in trouble are in the UK and the US.
Sure this must be happening elsewhere, but the only banks I've heard of in trouble are in the UK and the US.
Re: American Bankers not too popular
Posted: Sun Sep 28, 2008 11:43 am[quote="Bobbie En Tejas"]lol Kevin!
Here is a good bailout plan!! Yes, it is from an American view, but feel free to make a template and fill in UK figures!
Imagining my cheque in the post, Bobbie!!!!!! 
Here is a good bailout plan!! Yes, it is from an American view, but feel free to make a template and fill in UK figures!
Imagining my cheque in the post, Bobbie!!!!!! Re: American Bankers not too popular
Posted: Sun Sep 28, 2008 7:46 pmHow many Naira do you get to the pound - dollar ?.