I don't know if this would actually work, but it really got me
thinking and put a dollar amount on this in a way that really struck
home with me. Maybe it's all B.S., but it is an interesting idea.
The Birk Economic Recovery Plan
>
>
> 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.
> &nb sp;
> 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!!
--- In
DSN_KLR650@yahoogroups.com, "boulder_adv_rider"
wrote:
>
> Rev - You hit the nail on head. The rich have exploited the labor
> and sacrifice of the middle class forcing it into all but
> extinction. All caused by: greed, inept management, and lack of
long-
> range visioning. I'll add misguided/misleading presidency and
> Congress. Most of us financial professionals have known this was
> coming for years. Now it's all come down to one final episode of
> Fear Factor.
>
> $700B bailouts for the rich and Wall St. WILL NOT fix the tough
times
> ahead. It won't create jobs or provide credit to small business or
> even big business to expand. No, they'll take the money and off-
> shore the work to save even more money, keep the ridiculously high
> compensation flowing, and erode America's future to a stub. It'll
be
> years after they'll admit the bail-out was as big a disaster and
fear
> attack as the hasty thrust into the Iraq war...and
Afghanistan.
>
> Enough is enough. Today, another one of our brothers (Jim) falls
> victim. But we're not talking super unions here, Rev. We're
talking
> surviving the mess we're in. It's starts with saying No! Enough!
> Enough of the riskless stock option grants, bonuses and salaries
that
> erode the longevity of American business to the point it's dead
with
> the first sign of a cold. These businesses should have war chests
> for rainy times like now. But they've blown it all on crooks
hoping
> somehow it trickles down to the average worker. This free-for-all,
> take-the-money and run mentality simply has to end.
>
> The bottom-line is this Bush regime has caused more damage to the
US
> economy than any terrorist could dream of. We don't need to worry
> about Islamic terrorists with George Bush at the controls. $700B
> plus all the money to mop up his war machine??? $2 trillion? Kick
> Bernanke and Paulson out and get people into the Office that
> understand the dire mess America is in. Spending $700B to bail-out
> the rich and elitists? How about letting Wall St fail naturally to
> rid the future of these mistakes via the hard lessons and
> consequences and take the taxpayers' money and invest it in
> alternative energies, healthcare and education. We need to rid
> ourselves of reliance on foreign oil and lower costs for energy and
> healthcare and fix our ALBATROSS of an education system (no offense
> Albatross). I'm not talking freebies either. I'm talking
incentives
> to drive down costs and create jobs that build America and
ultimately
> provide a long-term return on investment. Thriving economies are
> predicated on hope, opportunities/jobs, low-cost energy and
healthy,
> educated citizens.
>
> The latest pleas for this bailout sound like a late-night
infomercial
> ending with "but you must act now!" It's all fear-based politics.
> Fortunately, we've faced bigger challenges to overcome and realize
> George Bush is a complete [expletive] putz. His ideas and
leadership
> are a disgrace to the men and women who have sacrificed themselves
in
> the name of freedom. Personally, I'm done with this ship of
fools.
> Change is eminent. We broke the chains of rogue imperialism
before,
> and we're not going back to serfdom. Simply, fear is not an
option.
>
> Brian - who's had enough! and believes those preaching capitalism
and
> democracy while pilfering and plundering America are nothing more
> than elitists in trench coats.
>