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Staff: Who dat?
Walt Geisel
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$85B for AIG or $300K/adult after taxes?!? back to: face to face Help Civic Satisfaction push We Deserve It Dividend and
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, 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

My plan is to give $425,000 to every person 18+ as a We Deserve It

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 Bill ion We
Deserve It Dividend more than  the geniuses at AIG or in Washington DC .

And remember, The Birk plan only really costs $59.5 Bill ion because $25.5
Bill ion 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
Bill ion!!

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Walt's note: Small error but good thinking:

          $85B           = $85 X 10^9 = $42.5 X 10 = $425..., not $425,000....    Now, I'm not feeling so generous with the taxes.
200 X 10^6 adults     2.0 X 10^8

Yet now we are talking $700B, added to the $85B for AIG and the $29B for Bear/Sterns

$814B, so:

$814 X 10^9 = 4.07 X 10^3 = $4070
  200 X 10^6

Which would save alot of homes and debt (which would trickle UP), buy a lot of groceries and yield a small sigh of relief thru the economy.
I want my $4k, now.

And they are talking about $1 Trillion: I want my $5k, now.

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