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The Stupid $425,000 Per Person instead of Bailout AIG for $85 billion Email

By   Follow Me on Twitter     Message Rob Kall       (Page 1 of 2 pages)     Permalink

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There's an email for dummies going around. It suggests that instead of bailing out AIG for $85 billion, the US split the money among the approximately 200 million adults over 18 in the US, so each gets $425,000.

I've received at least five of these. The problem is, the math is wrong. Divide 200 million into $85 billion and you get $425, not $425,000. 

If you get one of these, reply to ALL that they have it wrong.

Here's the email:

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I did not write this, and unfortunately I don't know who did. This is an absolute great idea and I really wish that our corrupt politicians (oh, but that's redundant) would consider this. Please read it, and I think you will agree.
Thank you to whoever wrote this.


 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 $425,0 00 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 would have $595,000.00.

 

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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

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      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 US 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.

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Rob Kall is an award winning journalist, inventor, software architect, connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media. He's given talks and workshops to Fortune 500 execs and national medical and psychological organizations, and pioneered first-of-their-kind conferences in Positive Psychology, Brain Science and Story. He hosts some of the world's smartest, most interesting and powerful people on his Bottom Up Radio Show, and founded and publishes one of the top Google- ranked progressive news and opinion sites, OpEdNews.com

more detailed bio: 

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

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