BAILOUT plan???????
I rec'd this email today, I thought if the numbers are correct this is certainly food for thought! what do you think, JUST FOR FUN!!!!
From: Sent: Thursday, September 25, 2008 11:02 AM
> Subject: Bailout us
> If this guys numbers are realistic, or nearly sooo...
> 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 bona 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 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 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, D.C. 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!!
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