(no subject)

Oct 09, 2008 11:27

My dad sent this to me and I thought it was clever - unfortunately his math is totally wrong!!!  $425, not $425K...

The Birk Economic Recovery Plan

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 right back to Uncle Sam.  But it means that  every adult 18+ has $297,500.00 in thei r 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
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!!
Previous post Next post
Up