I Like This Bail-Out Plan
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This was forwarded to me, and it seems it would move the economy alot faster than the plan somewhat explained to Americans...What do you think?
Economic Recovery Plan of Birk Birkenheimer.
Makes me wonder why this guy isn't the Secretary of the Treasury!
Something that makes good sense.
I'm against the $85,000,000,000.00 bailout of AIG, etc.... OK, if you are against something, come up with a solution. Here's one to consider:
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..
Divide 200 million adults 18+ into $85 billion that equals $425,000.00. Give the $425,000 to every person 18+ as a "We Deserve It Dividend". Imagine the stimulus to the economy.
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 also means that every adult 18+ has $297,500.00 net cash in their pocket. A husband and wife has $595,000.00. Me, I'd retire tomorrow!
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 and you get to ride the uphill market that this stimulus would give to investment, starting up new businesses, etc.
Save in a bank? That's ok, you create money to loan to entrepreneurs.
Buy a new car? Great, you create jobs.
Invest in the market? Nothing wrong with the basic tenet "capital drives growth".
Pay for your parent's medical insurance? Good for the seniors and maybe health care improves.
Enable Deadbeat Dads to come clean? Or else send them to jail for a longer time. They have no excuse.
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. Even the s*bs that created this mess get a check.
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 US Citizen 18+!
As for AIG ? Liquidate it. Sell off its parts. Let American General go back to being American General and sell insurance. 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 ca n never work.? The crooks who started it in Congress (and that is Dem and Republican administrations) would never go for it.
But just 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 better than the Wall Street "experts" who created the technology bubble and burst, and then out of their savvy wisdom, the current mess.
We deserve the dividend more than these geniuses on Wall Street 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,
T. J. Birkenheimer, A Creative Guy & Citizen of the Republic
Economic Recovery Plan of Birk Birkenheimer.
Makes me wonder why this guy isn't the Secretary of the Treasury!
Something that makes good sense.
I'm against the $85,000,000,000.00 bailout of AIG, etc.... OK, if you are against something, come up with a solution. Here's one to consider:
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..
Divide 200 million adults 18+ into $85 billion that equals $425,000.00. Give the $425,000 to every person 18+ as a "We Deserve It Dividend". Imagine the stimulus to the economy.
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 also means that every adult 18+ has $297,500.00 net cash in their pocket. A husband and wife has $595,000.00. Me, I'd retire tomorrow!
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 and you get to ride the uphill market that this stimulus would give to investment, starting up new businesses, etc.
Save in a bank? That's ok, you create money to loan to entrepreneurs.
Buy a new car? Great, you create jobs.
Invest in the market? Nothing wrong with the basic tenet "capital drives growth".
Pay for your parent's medical insurance? Good for the seniors and maybe health care improves.
Enable Deadbeat Dads to come clean? Or else send them to jail for a longer time. They have no excuse.
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. Even the s*bs that created this mess get a check.
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 US Citizen 18+!
As for AIG ? Liquidate it. Sell off its parts. Let American General go back to being American General and sell insurance. 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 ca n never work.? The crooks who started it in Congress (and that is Dem and Republican administrations) would never go for it.
But just 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 better than the Wall Street "experts" who created the technology bubble and burst, and then out of their savvy wisdom, the current mess.
We deserve the dividend more than these geniuses on Wall Street 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,
T. J. Birkenheimer, A Creative Guy & Citizen of the Republic
