Email has been an amazing tool. It has allowed for communication that is faster and more frequent than we ever had before, and it has allowed us to share more than ever. I love email.
Except when I hate it. You know what I’m referring to: it’s forwarded emails. Perhaps if we could all just get it straight in our heads that these things are almost never right or true, we’d all be okay. But it’s not like that: most people actually believe what they are reading, which is probably a holdover from a time when things were fact-checked. Emails, though, are not fact-checked, and sometimes they’re even misleading on purpose, as in the “Obama is a Muslim” nonsense. (A quick sanity check: if it has appeared on the cover of the National Enquirer, you can pretty much guarantee that it’s not true.)
My soon-to-be mother-in-law (hey! I think that’s the world record for hyphens!) passed along the following gem, which she was too smart to fall for:
*Subject:* The Leadbetter Economic Recovery Plan
A FREIND JUST SENT TO ME, LOOKS GOOD TO ME .DICK
This is a fantastic idea – and what could do more for the current economic crisis. Wow just pass it on to everyone and to your Congressmen/women!!!!! I just did.
Hi Pals,
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 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 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 US 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, The 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, Ed
Ed Leadbetter…., A Creative Guy & Citizen of the Republic
PS: Feel free to pass this along to your pals as it’s either good for a laugh or a tear or a *very sobering thought on how to best use $85 Billion!
There are a whole bunch of problems with this, but let’s focus on just one: Ed may, for all I know, be a creative guy and he’s almost certainly a citizen of the republic, but he’s no mathematician.
You see, $85,000,000,000 divided by 200,000,000 is not $425,000, the supposed amount of the We Deserve It Dividend.
It’s $425.
This happens all the time in emails: not only is the author incorrect, he’s incorrect the the factor of a thousand! Maybe I’m out of touch, but I sort of doubt that $425 per person is going to have the kind of effects that the author is proposing.
Problem is, this is rocketing across the country at (literally) the speed of light, showing up in inboxes everywhere — and most people who read it accept it as true. Less than a day after Rickie sent this to me, I received it from my mother (who had been forewarned). It’s getting around.
Everyone… and I mean, everyone, should bookmark www.snopes.com right now. Use it all the time, to check up on all of the urban legends (such as this one) floating around the net.