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THIS is how you disburse a bailout!!

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posted on Sep, 30 2008 @ 12:23 PM
This will NEVER happen - makes too much sense!

This guy hit it on the head !!! (And it'd probably apply to the Market-Bailout as well!

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 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 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

posted on Sep, 30 2008 @ 12:28 PM
Fine and dandy, except the math is off by 3 decimal places.

I'd probably buy a new longboard with my 425 bucks.

posted on Sep, 30 2008 @ 12:30 PM
They are just screwing with us.

Los Angeles Times

Where’d the $700 Billion figure come from?

Answer - "It's not based on any particular data point," a Treasury spokeswoman told Tuesday. "We just wanted to choose a really large number."

posted on Sep, 30 2008 @ 12:51 PM
They just needed something sufficiently large enough it would take them a day or 2 to spend before going back and renewing for another 700B

(me, cynical? never!)

posted on Sep, 30 2008 @ 01:37 PM
reply to post by tjack

Wow, dude, you really sat and figured that mess out? I was just more piqued at the theory behind it. Either way, the concept of the "bailout" is nothing more than a desparate attempt by our "leaders" to rob, rape, or in any other sense pillage the American public. I think their "disappointment" in it's failure stems more from shock that the American public was actually paying attention, than anything else. This is what happens when you educate the masses...they actually become smart enough to know when you're full of it!

posted on Sep, 30 2008 @ 01:49 PM

Originally posted by tjack
Fine and dandy, except the math is off by 3 decimal places.

I'd probably buy a new longboard with my 425 bucks.

Ya I was about to say we already figured it out and my best price I could get out was under 2000 per person.

I still like the idea of just giving checks to people who owe on houses, let them give the check to their bank to pay off their house (check is non-cash'able and can only be deposited against a house loan) this money goes to the bank clears the customer of the debt and trikles back up the stream instead of down.

It fixes the problem at it's core for the short term but doesn't bail out the companies persay, they will still need to adjust their bad habits to keep it from happening again.

Plus we're not giving the tax payers money to the big boys we're giving it back to the tax payers directly with the stipulation of using it against any house loans.

And no I don't have any loans out so me personally would not see a dime of it. As I have no bills anyway.

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