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09-28-2008, 07:49 PM #1
The Birk bailout plan
I received this in an email, it was only about the AIG bail out, which means it would be much better as the big bailout. If we HAVE to have a bail out of some type, I vote for this one.
This idea sounds just crazy enough to possibly work, so naturally it
won't be given serious consideration. How great is our bureaucracy!!
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 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 ri ght 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...inste ad
of trickling out a puny $1000.00 ( 'vote buy' ) ec onomic 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!!
Proud American and wife of a wonderful LEGAL immigrant from Ireland.
The only thing necessary for the triumph of evil is for good people to do nothing." -Edmund Burke (1729-1797) Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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09-28-2008, 07:53 PM #2
Does this include illegals?
<div>''Life's tough......it's even tougher if you're stupid.''
-- John Wayne</div>
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09-28-2008, 08:03 PM #3Originally Posted by PaigeProud American and wife of a wonderful LEGAL immigrant from Ireland.
The only thing necessary for the triumph of evil is for good people to do nothing." -Edmund Burke (1729-1797) Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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09-28-2008, 08:31 PM #4
Ummm, his math is off a little bit, $85 billion is $425 per adult American citizen, not $425,000.
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
10% To 27% of 30 Million Non-Citizens Are Registered To Vote
05-15-2024, 10:29 AM in General Discussion