Best Bailout Plan Yet!
Hi all . . . I got this in an email from my Mom and was truly impressed with this man's reckoning of the situation . .. Hope you all enjoy it as much as I did . ..
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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
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 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 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, The Birk 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,
Birk
T. J. Birkenmeier, 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.





















The money
would still have to come from somewhere. With the bad math though it makes me wonder about that last stimulus check. If each person got 700 bucks then... We need to really fight this next stimulus they're pushing on us. How dare they implicate us in the destruction of our own country.
Http://www.myspace.com/travis_wade2
who is the idiot that keeps
who is the idiot that keeps recirculating this.
it's me...It's me...
I just get a kick out of seeing how many people will repost it without checking the math FIRST!!! ahhh haha...j/k
00
O
(---)
Common sense is never appreciated in big gov't.
Just ask Ron Paul...
I may not know the truth, but I know when I'm being lied to...
I may not know the truth, but I know when I'm being lied to...
uh ooh...check yer math
Ummmm, sorry,but as much as I like this plan, isn't $85,000,000,000 divided by 200,000,000 $425, not $425,000. ?
ummm yep lol! "When
ummm yep lol!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
bad math
food freedom,one seed at a time.
Re-do the calculation.
One time Selfish Bump
I thought this was pretty good thinking and lots of fun to imagine ;)
Blessings )o(