What the Bailout fiasco SHOULD BE!!!

[Burt the Butcher]

By: T. J. Birkenmeier (Birk), Creative Guy & Citizen of the Republic


“I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to American citizens in a “We Deserve It” Dividend.”





To make the math simple, let’s assume there are 200,000,000 bona-fide U.S. Citizens 18 and over. 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. If you divide 200 million adults 18+ into $85 billon – ta da! -that equals $425,000.00 per adult.



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 AND the banks.



Put away money for college – it’ll be there, safe in a bank – creating money to loan to entrepreneurs.



Buy a new car – pump up the flagging automotive industry.



Invest in the market – capital drives growth.



Pay for your parent’s medical insurance – the health care system is crashing.



Enable Deadbeat Dads to come clean – or else.



Remember this is for every adult US citizen 18+ , including those who lost their jobs at Lehman Brothers and all the other companies that went down the tubes. And last but not least, it’s for all those serving in our Armed Forces.



If we’re going to re-distribute wealth let’s really do it...instead of re-distributing it to those who squandered it.



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 better than all the bankers and politicians and Wall Street high-flyers did. We Deserve It more than 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.



PS: Feel free to pass this along to your pals as it’s either good for a laugh, some tears, or a very sobering thought on how to best use $85 Billion!!

[Preds]

Well considering the imbecilic parties of this country preach to the lowest common denominator... I think it's unlikely the stupid citizens of this country will figure out the math before it's too late.

Let's start a campaign!

[Flaxwless]

Sounds good to me.

[Valley Avengers]

Some of us imbeciles actually do the math - 85 billion divided by 200 million is $425 per adult. My mortgage balance is a bit more than that.

[Flaxwless]

Originally Posted by Valley Avengers

Some of us imbeciles actually do the math - 85 billion divided by 200 million is $425 per adult. My mortgage balance is a bit more than that.

DOH!!!

[Preds]

Originally Posted by Flaxwless

DOH!!!

, we got 1!

Frank

[Preds]

Originally Posted by Valley Avengers

Some of us imbeciles actually do the math - 85 billion divided by 200 million is $425 per adult. My mortgage balance is a bit more than that.

Shhhhh!!! Don't spoil the fun!

[Nittany Dodgers]

Ugh. Listening to talk radio and some guy called in who apparently got the email and was saying they should do this instead.

Apparently, regardless of the math, a large number of people need a remedial economics course. Lets say we do this. Do people actually think that if every adult just got a check for 425k, that a gallon of milk would still only cost $3?