I hope this is OK for off topics?

[JimShaw]

I don't know if this is OK for our forum but I found it very interesting.


Here is an Economic Recovery PLan that makes since.


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 bon-a-fide 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

Purchase a new, expensive surround system

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, This 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,

[stockstar1138]

yeah i saw this the math is horrible. its $425 for everybody, not $425,000.

whoever came up with that is a tard.

However i will add, the entire bailout plan is 700 billion, which is roughly 10x that of aig. now you scrap the whole bailout plan, give every person over 18, $4,250 and assumer 2 18+/household and you just gave a family near $10,000 of extra income, which would be very siginificant.

[hc666]

I tried discusing this earlier and got the 'No Politics' slap and locked thread.

With all due respect Mods, this is a major issue we are all facing and should be allowed to discuss.

That is all.

[arush5268d]

Originally Posted by hc666

I tried discusing this earlier and got the 'No Politics' slap and locked thread.

With all due respect Mods, this is a major issue we are all facing and should be allowed to discuss.

That is all.

There's other places to discuss it - this forum isn't for that sort of topic.


I agree with the mods on this - close all these threads, twice over, that have nothing to do with Blu-ray or home theater and related issues.

[cravnsn]

Originally Posted by arush5268d

There's other places to discuss it - this forum isn't for that sort of topic.


I agree with the mods on this - close all these threads, twice over, that have nothing to do with Blu-ray or home theater and related issues.

So, you don’t have a job or financial responsibilities? Your whole existence is watching movies - as long as they’re offered in Blu-Ray format? Wow, how sad is that. So, where do you think your movies are going to come from when the economy of the country collapses?

It would be pertinent at this point for everyone to do some reading up on the great depression of the 1930’s. Were heading in that direction again. And where it took the advance of a world war to snap us out of the economic crisis, the current war fronts are only adding to the problem.

So hey, hide in the home theater you’re so proud of if you must - but reality will catch up to you soon enough. Ignoring a problem doesn’t make it go away, and this is a huge problem we ALL face.

[arush5268d]

Originally Posted by cravnsn

So, you don’t have a job or financial responsibilities? Your whole existence is watching movies - as long as they’re offered in Blu-Ray format? Wow, how sad is that. So, where do you think your movies are going to come from when the economy of the country collapses?

It would be pertinent at this point for everyone to do some reading up on the great depression of the 1930’s. Were heading in that direction again. And where it took the advance of a world war to snap us out of the economic crisis, the current war fronts are only adding to the problem.

So hey, hide in the home theater you’re so proud of if you must - but reality will catch up to you soon enough. Ignoring a problem doesn’t make it go away, and this is a huge problem we ALL face.

Wow - try thinking outside of your own little world for a minute.
This forum is composed of members world wide - not just the U.S.
This forum is for Blu-ray and home theater.
I have a real life - I talk with friends and co-workers about political issues - not some internet forum.

Oh - and there's one other teeenie tiny fact that you keep forgetting - the mods and forum rules are on my side. If you don't like that - go somewhere else.

[stockstar1138]

this matters to blu-ray. giving people money back leads to blu-ray sales.

[Tony Stark]

Originally Posted by cravnsn

So, you don’t have a job or financial responsibilities? Your whole existence is watching movies - as long as they’re offered in Blu-Ray format? Wow, how sad is that. So, where do you think your movies are going to come from when the economy of the country collapses?

It would be pertinent at this point for everyone to do some reading up on the great depression of the 1930’s. Were heading in that direction again. And where it took the advance of a world war to snap us out of the economic crisis, the current war fronts are only adding to the problem.

So hey, hide in the home theater you’re so proud of if you must - but reality will catch up to you soon enough. Ignoring a problem doesn’t make it go away, and this is a huge problem we ALL face.

Imtotally agreeing with you and how will we able to pay electrity to watch or buy movies . Its sad when people think movies or blu-ray over bad economy. Living in real life is very important. I am glad i have a job and dont want to lose it due to bad ecomony going on.

[arush5268d]

Originally Posted by stockstar1138

yeah i saw this the math is horrible. its $425 for everybody, not $425,000.

whoever came up with that is a tard.

However i will add, the entire bailout plan is 700 billion, which is roughly 10x that of aig. now you scrap the whole bailout plan, give every person over 18, $4,250 and assumer 2 18+/household and you just gave a family near $10,000 of extra income, which would be very siginificant.

[stockstar1138]

personally, i think the govt. should not give money back to the public.

people are afraid right now and won't spend it.

what they should do is get together with many american corporations and purchase billions of dollars worth of gift cards. then each family gets to apply for $X in gift cards of companes that they routinely purchase from (walmart, mcdonalds, sears, gamestop, starbucks, home depot, etc. etc. etc.) the trick is you only have 18 months to spend the card before it expires. that way, the money is immediately put back and funneled through the economy.

[JimShaw]

Originally Posted by stockstar1138

yeah i saw this the math is horrible. its $425 for everybody, not $425,000.

whoever came up with that is a tard.

However i will add, the entire bailout plan is 700 billion, which is roughly 10x that of aig. now you scrap the whole bailout plan, give every person over 18, $4,250 and assumer 2 18+/household and you just gave a family near $10,000 of extra income, which would be very siginificant.

Hey, you are correct. I should have checked his math also.

[dialog_gvf]

Originally Posted by stockstar1138

.
However i will add, the entire bailout plan is 700 billion, which is roughly 10x that of aig. now you scrap the whole bailout plan, give every person over 18, $4,250 and assumer 2 18+/household and you just gave a family near $10,000 of extra income, which would be very siginificant.

$425, $4250 or the $600 they already sent you (remember that?) it's all a LOAN.

It's all money the US doesn't have, and you all will have to eventually pay back out of taxes.

Gary

[arush5268d]

Originally Posted by dialog_gvf

$425, $4250 or the $600 they already sent you (remember that?) it's all a LOAN.

It's all money the US doesn't have, and you all will have to eventually pay back out of taxes.

Gary

TINSTAAFL - There is no such thing as a free lunch - especially from "Uncle Sam"

[Tony Stark]

If I remembered correctly, the mods is not from America and they are located in the UK. If we american want to talk about what is happening in our country in off topic. I think it is very appropriate to discuss in Off topic without getting in trouble? off topic is off topic or off record from blu-ray related.

I agree with other person about website shut down because we cant afford to pay the bill. But again, the owner of blu-ray.com is located in the UK and has no concern for Americans (its not their country that is in trouble finacially) who love blu-ray and they might cant afford to buy/ help business @ blu-ray.com? This site promotes lot about blu-ray and we might cant help this site keep on paying their bill if we can not log in anymore.

This is very serious situation for americans and bad enough for our president to go live and talk about what is happening. We should talk about it, if someone start sh!t and thread crap, mods should suspend the person and not to condemn the thread in appropriate section. If converstation was in civil and we should able to talk about it, free of speech but again, this site owner is from uk? No idea of what american people fought & died for? Our freedom and rights of free speech? I believe most of percentage of buyers here is from America. I know poltiics are not allowed but this is a bad situation we need to impress our concern for the country we love the most. ( no offend to other countries)

People should respect other opinion , concerns and discuss in civil to improve our society. Does your parent teach you to be polite and talk in appropriate manner and respect others opinion?

[arush5268d]

Originally Posted by Tony Stark

If I remembered correctly, the mods is not from America and they are located in the UK. If we american want to talk about what is happening in our country in off topic. I think it is very appropriate to discuss in Off topic without getting in trouble? off topic is off topic or off record from blu-ray related.

I agree with other person about website shut down because we cant afford to pay the bill. But again, the owner of blu-ray.com is located in the UK and has no concern for Americans (its not their country that is in trouble finacially) who love blu-ray and they might cant afford to buy/ help business @ blu-ray.com? This site promotes lot about blu-ray and we might cant help this site keep on paying their bill if we can not log in anymore.

This is very serious situation for americans and bad enough for our president to go live and talk about what is happening. We should talk about it, if someone start sh!t and thread crap, mods should suspend the person and not to condemn the thread in appropriate section. If converstation was in civil and we should able to talk about it, free of speech but again, this site owner is from uk? No idea of what american people fought & died for? Our freedom and rights of free speech? I believe most of percentage of buyers here is from America. I know poltiics are not allowed but this is a bad situation we need to impress our concern for the country we love the most. ( no offend to other countries)

People should respect other opinion , concerns and discuss in civil to improve our society. Does your parent teach you to be polite and talk in appropriate manner and respect others opinion?

huh?

[stockstar1138]

Originally Posted by dialog_gvf

$425, $4250 or the $600 they already sent you (remember that?) it's all a LOAN.

It's all money the US doesn't have, and you all will have to eventually pay back out of taxes.

Gary

the us is in a horrible situation. the way i see it they can:

a. bailout financials, go deeper into debt and dollar slips.

b. screw financials and save money, but hurt economy which will result in less $ via tax revenue, which will put us more in debt.

i dont think giving bailout money to ppl is a solution, i was just talking hypothetically.

[scott87]

im not american...but soemthing needs to be done to put money back in

but if you give cash to just the average joe they wont spend it..you have no guarantee that everyone will spend this money

but then again if i got that sort of money i wouldnt complain

[Beta Man]

Originally Posted by JimShaw

I
What would you do with $297,500.00 to $595,000.00 in your family?

Where I choose to put my genitals, and what I snort up my nose is my own business, and to be quite frank, I'm offended at your prying questions.

[jw]

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.

bad idea, If you gave people that kind of money at once, who would work the lower scale jobs, McDonalds, Wal-mart, etc. There would be money with no workers, the businesses would be forced to close and that would mean lost tax dollars from Payroll and local sales tax.

I know the math is off, but thats the scenario there on why that would never happen

[Ferris]

Originally Posted by dobyblue

There are to be no political discussions here and I'm not sure how the US economy being discussed will not turn into politics.

Thankfully, I've not seen this get political yet, so I'll throw in my two cents... We no longer live in siloed world. Economics is global. What happens to one industrialized country will affect all others. This is not an opinion. That makes the US economy a global issue. That makes all European economies a global issue. Same with Australia, Asia, Africa.... We're all affected by this.

Originally Posted by Adhamhnon

Hold the people responsible accountable for their actions... but don't allow billions of people to suffer because of the actions of a few.

Absolutely agree here. However, I don't see the spurned holding their hands out to be slapped. I see them holding their hands out with their palms up waiting for money. And they'll probably get it.... at EVERYONE else's expense.

Originally Posted by scott87

im not american...but soemthing needs to be done to put money back in

but if you give cash to just the average joe they wont spend it..you have no guarantee that everyone will spend this money

but then again if i got that sort of money i wouldnt complain

Oh, they'll spend it.... They'll have no choice, given job-loss, tax pains (bailout will cost us), and revolving credit interest rates going up...