The $85,000,000,000.00 bailout of AIG.

[AFA1CY]

A friend sent this to me. I haven't done the math but is sounds correct.

I LIKE THIS KIND OF CREATIVE THINKING !!!!




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!!

[techres]

I saw this on Arfcom and it was pointed out that the math is wrong...

[indyjoe]

I believe that math is off by a factor of 1000. I could still use another $300 though.

[SavageEagle]

Eh, I sent it to the white house. LOL Even if it is wrong, I'd still take the money. Just add another 100 trillion to the package, since that's what it's gonna cost em in the long run, and give it to us. That and I'm sure there's not 200 million 18+ people.... is there?

[Pami]

Originally Posted by indyjoe

I believe that math is off by a factor of 1000. I could still use another $300 though.

Yeppers.. 85,000,000,000 / 200,000,000 = 85,000 / 200 = 425.
not 425,000.

It was a nice thought, though.

[SavageEagle]

Ok cut out the super rich, Federal Politicians, and generally anyone who makes more than 200k a year individually or 350k married a year and then redo the math!