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Economic Bail-Out


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#1 ErinB

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    Posted 25 September 2008 - 10:23 AM

    I love the way this man thinks!

    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 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.
    > 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

    #2 *Heather*

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      Posted 25 September 2008 - 10:42 AM

      I like that :)

      #3 2bebridejamaica

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        Posted 25 September 2008 - 10:56 AM

        If they only made things this easy.... it would solve everything!

        #4 kate.com

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          Posted 25 September 2008 - 11:06 AM

          SMART!

          #5 Banana11

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            Posted 25 September 2008 - 11:17 AM

            That sounds like a much better plan :)

            #6 Angel

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              Posted 25 September 2008 - 11:24 AM

              Works for me!

              #7 *Casey*

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                Posted 25 September 2008 - 11:28 AM

                Yeah... I like that guys idea waaaayyyy better!

                #8 rodent

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                  Posted 25 September 2008 - 11:33 AM

                  or 2,000 apple pies!

                  someone on the news figured out that the bail out money is enough to buy 2,000 pies for each american

                  #9 jajajaja

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                    Posted 25 September 2008 - 11:40 AM

                    Birk for President!
                    Happily married since 2008

                    #10 tchuchuca

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                      Posted 25 September 2008 - 12:16 PM

                      Sounds good to me!




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