The Political Voices of Women

If we are going to spend this money anyway.  Why not give it to the people?  This would not be a trickle down affect, it would be an explosion from the bottom up affect…PROBLEM SOLVED.

Should we give the people’s money to the failed banks, and hope they don’t continue to fail?  Or, give the people’s money to the people, and know they will spend it, buy homes, pay off mortgages and debt?  Give the people the opportunity of really having the American dream.

This is from a comment on a post I did on the Bailout for The Care2 Election Blog.  It makes a lot more sense to me than what is being offered now.  What do you think?

From Care2 member Laura C…

Yes, we resent it and have good reason. Those in power taking high salaries from us are never made to pay. The following email some of you may have received. It is the best idea I’ve heard and should be sent to every congress person and the president.

Now here is the idea of how to save the economy ………

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 bonifide 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 billon 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 puny rebates.

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.

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.
And all those who lost jobs when these companies folded will have a new financial beginning!!!!
Is there a better plan than this?????

And, this is what I think…

I was thinking the same thing. It not only would be better for the people of this country (both struggling and not)…But, it kick starts the economy almost immediately. It seems a total no brainer, AND it’s a guarantee election win for the person who suggests it. This money would trickle UP much faster than anything would ever trickle down (we know trickle down does not work).

There is no way the economy wouldn’t make a quick recovery with a plan like this. It’s a win win for the entire country. WHY DOESN’T ANYONE SEE THAT? Is it because of all the money given to politicians from financial institutions? That’s the only explanation I can think of. I’m so sick that our government is willing to use 800 Billion of our tax dollar for something that (I don’t care what they say) really doesn’t affect or help the average American. Invest in the people of this country.

This is the perfect opportunity for REAL CHANGE!!! Why is Obama not taking advantage of this opportunity to help the entire country? Why is he just following along with a Bush plan for the economy??? Why is he agreeing with McCain??? What kind of change is he really offering? I will vote for him…But, I am VERY disappointed in him.

WHAT DO YOU THINK?  With all this money, why can’t we bail out the people first, and let the people bail out the banks?