The best plan for this economic disaster

Discussion in 'Politics' started by MB, Sep 26, 2008.

  1. MB

    MB
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    Does his math work??? I got this as an email and you know what? it's just crazy enough to work.



    This will NEVER happen - makes too much sense!

    This guy hit it on the head !!!

    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, lets 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 lets 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
    itll 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 lets 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 doesnt.

    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 its either good for a laugh
    or a tear or a very sobering thought on how to best use $85 Billion!!
     
  2. dan e.

    dan e.
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    That would be nice if the government would bail me out every time I make a mistake. I like it.
     
  3. KenH

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    No. $85,000,000,000 divided by 200,000,000 is $425.
     
  4. MB

    MB
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    Your right on the math.
    As far as I'm concerned a vote for Obama is suicide for the American people. I'm not convinced that Mc cain is any better. How do we determine who is less evil when evil is still evil? Bailing out wall street is a crime against the American people. It's called fraud. There stealing from us and we don't care because the money isn't worth the paper it's printed on. It has nothing but a promise of nothing what gives it any value?.
    MB
     
  5. JustChristian

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    let's carry that one step further. Let's cut the defense budget by 50%. We don't really have to be the supreme power in the universe do we? Give that wasted money back to the people.
     
  6. Bro. Curtis

    Bro. Curtis
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    How about we end welfare ? End taxpayer money to support abortion ?
     
  7. Dragoon68

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    Here's some math to worry about: $700 billion divided by about 70 million taxpayers that actually pay taxes.
     
  8. LadyEagle

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    Now that makes sense. Give it back to the ones who paid it in to begin with.
     
  9. poncho

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    The best plan imho is to let the banker's house of "easy credit and rip off" fall apart and start all over with a constitutional monetary system and limited government. We'll survive it alright and be much better off without so many parasites feeding on us.
     
    #9 poncho, Sep 26, 2008
    Last edited by a moderator: Sep 26, 2008
  10. Dragoon68

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    I agree with letting it fall apart, with a limited government, and, maybe, depending up what you mean, with a constitutional monetary system.

    I completely disagree with a bailout using tax payer money. I don't have a problem if someone else want to buy some high risk loans at a deep discount in hopes of making some money off them in the future. I would not risk my money on it and don't want the government taking $10,000 of my money to do what I would not do myself.

    I also don't want to make all or part of someone else's mortgage payment just because they can't afford it themselves. When I couldn't afford it I lived in a rented home and that's what I expect others to do as well.
     
    #10 Dragoon68, Sep 26, 2008
    Last edited by a moderator: Sep 26, 2008
  11. poncho

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    By constitutional I mean, "Money based on commodities, rather than paper, is not subject to government manipulation, and is a key component to free and honest trade."

    Part Two.
     
  12. Dragoon68

    Dragoon68
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  13. poncho

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    It was good enough for the "chairman of the board". And I think it would work out better in the long run than the fiat currency we have now. I'm sure the financial experts would disagree, they generally do as Alan Greenspan points out.
     
    #13 poncho, Sep 26, 2008
    Last edited by a moderator: Sep 26, 2008

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