Bailout idea

This is great......it will never happen though..

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.

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 on Wall St 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.

Birk

T. J. Birkenmeier, A Creative Guy & Citizen of the Republic

Re: Bailout idea

I like this plan..

Re: Bailout idea

I got this email from my sister this AM, I vote for Birk!

Re: Bailout idea

Someone posted this the other day. The math is WAY off. It's $425 a person. Not such a good deal after all.

Re: Bailout idea

Re: Bailout idea

Re: Bailout idea

Re: Bailout idea

There's a few of these going around. They are all way off!

Re: Bailout idea

It sounds good until you grab a calculator

Re: Bailout idea

I think it is meant to be a joke anyway

Re: Bailout idea

A kid in my class (2nd grade) was reading a book I have that tells how the mints make money. He came running up to me to ask if he could borrow it. He said he was going to take it home and show his dad. He said his dad yells at the TV everynight because of the money. He then said that if he showed this to his dad, they could write to the President and tell him not to worry and that we could just make more new money and everything would be solved.

If it was only that easy!!

Re: Bailout idea

Posted by luvsbob4603

I like this plan..