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Friday, September 26, 2008
INTERESTING CONCEPT
I received this e-mail forward the other day regarding the $85 billion dollar bailout at AIG.
Subject: 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!!> 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 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 $1,000.00 ( '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 US 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!!>
UPDATE: I JUST DID THE MATH, 85B DIVIDED BY 200M IS ONLY $425 BUCKS.....SO MUCH FOR THAT IDEA...
Subject: 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!!> 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 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 $1,000.00 ( '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 US 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!!>
UPDATE: I JUST DID THE MATH, 85B DIVIDED BY 200M IS ONLY $425 BUCKS.....SO MUCH FOR THAT IDEA...
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Fucking poofter.