Why Wouldn't this Work? Screw it - Let's give It a Try!

Our firend Jeff La Grua passed this along:

Shawn, got this as a forward of a forward of a forward. Its interesting, and perhaps wholly unrealistic, BUT its an interesting thought exercise, and maybe, just maybe, crazy enough to work.

I am against the $85,000,000, 000.00 bailout of AIG.
Instead, I am in favor of giving $85,000,000, 000 to America
in a "We Deserve It Dividend."

To make the math simple, let us 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 billon that
equal s $425,000.00. My plan is to give $425,000 to every
person 18+ as a We Deserve It Dividend.

Click here to read more about the "We Deserve It Dividend"

Of course, it would NOT be tax-free. So let us 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. However, it means that every adult 18+ has $297,500.00
in their pocket. A husband and wife would receive $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!!

Do the Math

It's only 425.00 per person, LOL. Maybe thats why their in so much trouble down there.

The fact that its

The fact that its politically unrealistic to ask the government to give people back their money is yet another reason why I don't support letting the government touch very much of that money in the first place.

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