Better bailout plan.. Too bad it doesn't work!

deviliscious

LOL! My friend just sent me this ..

 

 

 

" 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 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 "

Hey! his idea costs less and seems to be more effective! LOL.. Too bad it would take alot more money to make it add up right.  $425 isn't even pocket change

paulscott

I thourghly beleive in my countries citizens ability to spend money.

Fishermage

I say legalize weed. Nice hefty weed tax. Use it to pay off the debt. Problem solved.

bluberryhaze

 somethings not right with the math.

425K x 200,000,000= 85trillion or googleplex- 

its like $425 a person

deviliscious

yea I just checked the math on it and was comming here to post it LOL! nice idea though .

bluberryhaze

 they say 1 trillion the other day, and i even thought of how much that equates to per family, person- 

425 x 10 , 4250 + 15 difference x 10 

not alot-

 

Gameloading

Originally posted by bluberryhaze


 somethings not right with the math.
425K x 200,000,000= 85trillion or googleplex- 
its like $425 a person

 

Get everyone a playstation 3 I say.

bluberryhaze

 lets liquidate the 100 richest in the world and see what america can squeeze out from them.

http://en.wikipedia.org/wiki/List_of_billionaires

= 1,762.9 billions

or

hmm

(carry the one)...

762,900,000,000-theres the billions

and One trillion

1,762,900,000,000 / 200,000,000= $8,814.50 per person/family

so each family gets 9 grand. 

i wonder how many jobs were lost by sapping the rich however?

im sure everyones net gain, is not a gain at all.

 

ArlynePapazian

oooohhhhh