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View Full Version : The Economy-This is an idea and a half



ArizonaXJ
09-29-2008, 08:16 PM
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,
>
> 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!!

azcaddman
09-29-2008, 08:34 PM
one problem... 85,000,000,000 / 200,000,000 = 425.00

ArizonaXJ
09-29-2008, 08:39 PM
I never looked at the math..... I just fell in love with the idea of NOT giving the money to a corporation.....

JamesT
09-29-2008, 08:58 PM
I saw the math on that one fairly quick when I got it. How about this one:



To get the public on - board, create a corporation that will be funded by the $700B and issue one share of stock to every taxpayer for one share equal to the debt to be reimbursed in ten years by the FED. The stock may be traded as any other stock and be subject to any other stock movements in the stock market.

The trading of this new issue will be a true indication of the publics opinion of the health of our financial markets and the future health of our economy.

Let the markets determine our future.................

Regards,



I signed this one and sent it to my representatives.

Joe W. would even like this one.

David C
09-30-2008, 01:43 PM
Great idea but it won't happen because the real story here is not about bailing out anyone. This is a flat out robbery scheme, a looting of the treasury. These criminals in charge are trying to steal $700 billion dollars from us because they know we are too dumb to see what is really happening and absolutely too complacent to actually do anything about it. It started with the gas price rip-off, and we did absolutely nothing to stop them. So why not go for broke?

RubiJk
09-30-2008, 04:51 PM
In taking a step back... We absolutely cannot just throw money at problems. The dollar is already devalued tremendously. Printing new money and injecting it into the economy is only going to make that worse. This has HUGE implications in this global economy. The hand-outs need to stop. Survival of the fittest. Capitalism. Supply and demand... it is all a balanced system as long as there arent these type of absurd injections. Look what happened to the stock market today! Down nearly 800 yesterday, and gained 2/3 of that back today. The country need to stop panicking and have faith in the cyclical nature that history continually proves is inevitable. Fear only drags out the downturn...

JamesT
09-30-2008, 06:06 PM
The country need to stop panicking and have faith in the cyclical nature that history continually proves is inevitable.

Very true..
God knows we have been telling the Global Alarmist this for quite some time now.
It is time to let the chips fall where they may.