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You gotta read this...  

Posted by: Meredith

I was over at Mommying on the Fly reading her post "Best Plan Ever" and thought I would pass it along here. This is an email that she received about the Bailout plan.

I totally agree with this guy. What do you think about the Bailout plan?



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 Plan'
To make the math simple, let's assume there are 200,000,000 bon-a-fide
US. 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 $425,000.00 to every person 18+ as a 'We deserve it Dividend'
Of course, it would not be tax free. Let's assume a tax rate of 30%.

Every indivuduakl will have to pay $127,500.00. 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 Mortgage? = Housing crisi SOLVED
Repay college loans? = Great boost to new grads
Put away money for college? = It'll be there
Save in the bank? = Create money to loan to enterpreneurs
Buy a new car? = Create jobs
Invest in the market? = Capital drives growth
Pay for your parent's medical insurance? = Health care improves
Enable dead beat dads to come clean... Or else

Rememebr this is for every adult US Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And ofcourse 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 encentive that is being proposed by one of our candidates for President.
If we're gonna do an $85 billion bail out, let's bail out every adult US Citizen!

As for AIG- liquidate it
Sell off its parts.


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

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This entry was posted on Friday, September 26, 2008 . You can leave a response and follow any responses to this entry through the Subscribe to: Post Comments (Atom) .

2 comments

I love it!!! Talk about boosting the economy! Hope this got e-mailed to Congress.

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