Now here's plan that makes sense. Disclamer; I copyed this from an email. Some of you might have seen this via email too. I still say makes one H of a lot more sense than what they are talking about doing. Dear friends, not really endorsing this but, it makes more horse sence than a bail out! This is the best plan I have heard in a LOOOOONNNNG time: To: the many people I know who are on my email lists, I don't know who this guy is. But it kind of makes you think...... The Birk Economic Recovery Plan 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 bon-a-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 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 wealt h 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. < B> Ahhh...I feel so much better getting that off my chest. Kindest personal regards, Ben (dad)
yeah, I went to snopes.com on that one as I rarely trust any forwarded e-mails unless I know the source checks them like I do. especially when peoples' politics are involved. I have yet to receive one political forward e-mail where the quotes were truly accurate. it's so easy to check people on these things and yet so few actually do.
That's what political propagandists are hoping people will never do, "fact check them". Reg, you just screwed up their whole gig. The point is to make everything sound so true that people will believe them without doubting what was said. It's sad really. People used to want to be informed. But now the majority of them just find someone they like to watch on tv and believe every word that comes out of the teleprompter. Vs
Doh! well hell that's why I put it here. if anyone can get to the bottom of something screwy this place can, good job you know what they say if it sounds to good to be true, more than likely it is.
300,000,000 people in the USA (Let's leave out illegals, I'm using rounded census numbers. Uh-oh, I almost got myself started...) 700,000,000,000 bail out $2333 for every man woman and child. I figure you could buy each driving taxpayer a used parallel twin and solve the energy crisis. Screw the banks! Pave the planet! Motorcycles for everyone!
I think the thread title needs to be adjusted from "The Smart Bailout, If" to "I Went To The Same College Economics And Math Classes As The Politicians Of The Federal Government"........
