Thread: You do the math
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rcaradimos rcaradimos is offline
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Join Date: Oct 2004
Location: Cape Cod
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You do the math

Is this even close to right?

Subject: 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 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 billion 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,
>
> 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!!
>
>
__________________
Bob

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Old 09-28-2008, 01:14 PM
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