Lordy Lordy. Do the math, people.
Oh.
Wait.
It isn’t math. It’s simple arithmetic.
Under the subject line, A Bail Out Plan That Works, I’ve been subjected to about 14 repeats today alone of the following bright idea:
I’m against the $85,000,000,000 bailout of AIG.
Instead, I’m in favor of giving $85,000,000,000 to America in “We Deserve It Dividend.”
To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.
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” …
It goes on from there.
I’m all for giving $700,000,000,000 to individual Americans in “We Deserve It” dividends (as long as it’s your money) but do the math, people.
| 85 billion dollare: | $85,ØØØ,ØØØ,ØØØ |
| divided by 200 million peeps | 2ØØ,ØØØ,ØØØ |
| = | $425 per person |
Maybe we should put the $85 million into our elementary schools instead of Wall Street.
And speaking of Wall Street, the yahoos in Congress blocked the bailout today (September 29, 2008).The DOW is down about 777 points, the largest one day point drop ever. Anybody want to guess how many Congress Critters are buying stock right now because they know, absolutely know, the market will soar when the package passes.Wouldn’t you? After all, we’re talking more than 10% right now for a few days “work.”
I love politics. It is so enriching.
Congress wants to make sure nobody on Wall Street gets rewarded for this mess. Do you suppose we could take away Congress’ parachutes and severance?
Lordy Lordy.