Is my new site lame or a good idea?

The topic of a bailout has been in the news (here in the states) a lot in the past few months. In fact it seems that's all they talk about.

So I decided to capitalize on this hot button topic and make a site related to this with a slightly different twist.

I created the site called "Bailout For America" (link is my signature)

Basically the idea is we are giving away $5 to one of our email subscribers every day. We also give $5 to the subscriber that referred the winner.

So instead of the government bailing out huge corporations with tax dollars, we are bailing out people on main street $5 bucks at a time.

I am using the site to build an email list of opportunity seekers and hopefully I'll make more money from the list than it costs me to give $5 to two people everyday (about $300 a month).

My questions for you:

What do you think of the idea?

Does the site look too cheesy?

Does this whole thing sound too good to be true or sound like a scam?

If you stumbled on to the site would you signup, or would you leave without signing up? And why?

Thanks in advance to all you warriors. Your advice is priceless.