The sad part: This was when the government bailout was set at $85,000,000.00. Now it's at $700,000,000.00
I'm against the $85,000,000,000 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.
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 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 does not.
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 and Citizen of the Republic
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Dan's Top Postings From Denver I
1. “Signs, signs everywhere there's signs” The best story to come out of Denver was in the airport on the way home.
2. “Yes we can. Yes we will” On the floor of Investco Field.
3. "For Brooke Elizabeth" The day Dan met Hillary Rodham Clinton..
4. “Two full days in nine hours” and Snapfish pictures and storyline of Gavin Newsom's "Manifest Hope" Party in Denver
5. “Numbers” Notes from the Convention Center and information on two important voting blocks: Young voters and Hispanic voters.
2. “Yes we can. Yes we will” On the floor of Investco Field.
3. "For Brooke Elizabeth" The day Dan met Hillary Rodham Clinton..
4. “Two full days in nine hours” and Snapfish pictures and storyline of Gavin Newsom's "Manifest Hope" Party in Denver
5. “Numbers” Notes from the Convention Center and information on two important voting blocks: Young voters and Hispanic voters.
Dan's Top Diatribes
1. "Lincoln" Dan sounds off on how the 21st Century Republican Party is no longer the party of Lincoln. To avoid further casual, conservative revisionism, he poses a unique contest of vigilance: winner gets to select something for him to break.
2. "Superman" Using his favorite superheroes in an analogy, Dan makes the argument as to why no Republican should win in November.
3. "Old Argument Odd Package" Dan breaks down John McCain's acceptance speech.
4. “Russian Chess Masters" Dan offers a unique theory as to why Russia may have invaded Georgia.
5. “Can Rock and Roll Save the World? Let's see...” This one isn’t a rant. It’s a plan.
2. "Superman" Using his favorite superheroes in an analogy, Dan makes the argument as to why no Republican should win in November.
3. "Old Argument Odd Package" Dan breaks down John McCain's acceptance speech.
4. “Russian Chess Masters" Dan offers a unique theory as to why Russia may have invaded Georgia.
5. “Can Rock and Roll Save the World? Let's see...” This one isn’t a rant. It’s a plan.
3 comments:
Check your math genius
Yes, you are off by 3 decimal points. Do you perhaps work in AIG accounting?
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