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    A new bailout 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 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 ( '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!!














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    #2
    Werd

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      #3
      i like this
      tasty

      Comment


        #4
        Then the unemployment rate would go through the roof becasue everyone has a quarter of a mil in the bank and feels like they would not need to work. It would dilute the value of the dollar even more becasue everyone has a ton of money, so buying something for $10 doesn't mean anything to anyone.

        I've got an even better idea. Don't bail these companies out. As they begin going bankrupt and going out of business investors will come in a buy knowing they will make some nice returns in the long run. Everthing works out for everyone except for the people that made the poor investments in the first place. Now that is a real good idea that the government wont listen to.
        sigpic

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          #5
          Cute

          Comment


            #6
            I'd take half that...
            Hemingway said it best. “There are only three sports: bullfighting, motor racing, and mountaineering; all the rest are merely games.”

            Help a brother out, buy your detailing products here...

            Comment


              #7
              I thought we are talking about a $700,000,000,000.00, not $85,000,000,000.00 bail-out.

              Comment


                #8
                i'd hit it

                Comment


                  #9
                  Yeah, sign me up.. Then we could go to McDonalds and buy a couple $200 double cheeseburgers, right after I spend $1200 to fill up the E30 to get there though. Adorable idea, but Id imagine inflation would be a LITTLE through the roof. How about fuck them, let them sink. They got theirselves into the situation, let them get theirselves out of it. What I dont get is how do you owe $85b, but have people at the top of this corporation making millions a year? Isnt there a problem there? Im not an economist, but I can see this even.
                  Originally posted by blunt
                  i would jerk larry king off while tonging jflips ass if h0lmes would blow his head off

                  Comment


                    #10
                    besides the rampant inflation and huge bump in unemployment, sounds great to me! I can finally buy that cessna I've always wanted. Who needs a car, airplane BITCH>

                    Comment


                      #11
                      Originally posted by Mot View Post
                      besides the rampant inflation and huge bump in unemployment, sounds great to me! I can finally buy that cessna I've always wanted. Who needs a car, airplane BITCH>
                      E30 --> Cessna conversion? Best of both worlds.
                      Hemingway said it best. “There are only three sports: bullfighting, motor racing, and mountaineering; all the rest are merely games.”

                      Help a brother out, buy your detailing products here...

                      Comment


                        #12
                        RON PAUL
                        FIAT MONEY
                        AMERO
                        FAIRTAX
                        TIGER CAGE
                        9/11 WAS AN INSIDE JOB

                        There ya go, fulfilled the quota of "crazy", you can lock the thread now.

                        -Charlie
                        Swing wild, brake later, don't apologize.
                        '89 324d, '76 02, '98 318ti, '03 Z4, '07 MCS, '07 F800s - Bonafide BMW elitist prick.
                        FYYFF

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                          #13
                          fiat money

                          needed to be said twice for full effect
                          Who doesn't love a little BBQ?
                          Griot's Garage at a Deep Discount

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                            #14
                            Asiao. Just staying ahead of the game with the Olympics being over and all.

                            Comment


                              #15
                              The government is so ready for this, too. They told everyone to do their taxes so they could get the $600 stimulus check. Just send us another check!

                              p.s. My car will be for sale: $15,000 Final Offer.
                              Slicktop City!

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