Sunday, October 05, 2008

economist/terrorist


About a week ago, Bill Ayers posted a great little essay arguing against the Wall Street bailout and pointing to the possibility of a different sort of "bailout." Suddenly, the essay seems to have disappeared from his site... so I will post it below:
AGAINST THE BAILOUTS

Against socialism for the rich, the free market for the rest…Against a trillion dollar golden parachute.

This sensible alternative just in from Birk (excerpted):

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 $425,000 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 also means that every adult 18+ has $297,500.00 in the pocket.

What would you do with $297,500.00?

Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads.
Put away money for college - it’ll be there.
Save in a bank - create money to loan to entrepreneurs.
Pay for your parent’s medical insurance - health care improves.

If we’re going to do a bailout, let’s bail out every citizen. We deserve it and Wall Street 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?

_____

Today, Mr. Bill Ayers is actually in the (corporate) news again because VP Candidate, Palin, called him a "terrorist" and said he "pals around" with Pres. Candidate Obama.
Obama strategist David Axelrod said: "Bill Ayers lives in his neighborhood. Their kids attend the same school. They're certainly friendly, they know each other, as anyone whose kids go to school together."
In typical Democrat fashion, Obama has denounced the radical views and actions of Bill Ayers. When Palin was then questioned about her statement, she refused to backdown and said Obama's association with a 1960s radical is an issue that is "fair to talk about."

1 Comments:

Blogger shane said...

http://dneiwert.blogspot.com/2008/10/palling-with-extremists-indeed.html

8:23 AM  

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