Originally posted by CatchEmAll
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Re: Alternative to the "bailout" plan.
Well, there you go. I didn't read it very closely. -
Re: Alternative to the "bailout" plan.
Didn't the government give a $300/person rebate on taxes last year or this year. We already got our dividend.Leave a comment:
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Re: Alternative to the "bailout" plan.
I'm convinced USD is the reason we're in this mess. And also the reason we have car accidents, below-zero temperatures, a high divorce rate, poverty, drought, floods, starvation, skunked beer, the common cold, high gas prices, flat tires, vandalism, procrastination on Friday afternoons ... I could go on and on.Originally posted by propar80 View PostThe e-mail probably originated from the USD Miles Beacom(I actually went to DSU) School of Business.
Go Jacks!!Leave a comment:
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Re: Alternative to the "bailout" plan.
Indeed it is but I could still use $425. Everyone could buy season tickets to the Jacks.Leave a comment:
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Re: Alternative to the "bailout" plan.
Hate to play spoil sport, but the math is wrong. 85 Billion divided by 200 Million is $425.Leave a comment:
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Alternative to the "bailout" plan.
I'm sure many of you have seen this e-mail but if you haven't its kind of an interesting thought.
I don't know if the numbers are right, but tho a bit out of date, it is a fun thought.
Something to think about...
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 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 ( “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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