Today I am grateful for..... A daughter that is willing and able to learn to use the potty. I am amazed that she did it so quickly. And I should add, My dear Husband. Mostly becasue he is great, and he loves me, and he is a great dad, and he is a hard worker, and he has good sense, and he balances me, and it is his Birthday today!
This idea sounds just crazy enough to possibly work, so naturally it won't be given serious consideration.
How great is our bureaucracy!!
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!!
I know It will never happen, couldn't ever.
And I don't agree with the "we deserve it" part. But I thought it was good for a read. And the thought.... WHAT IF.
2 comments:
I got that same email. At first I thought what a good idea. Then I thought about what got us into this mess in the beginning. Start people would pay off their house and save for retirement and missions for their kids. But the average person would take the money and sell their house and go out and buy one that was $1,000,000.00 because hey they just got a load of money, so why not go farther into debt. I don't think the average person has enough will power not to spend it. Plus if well all knew that everyone was getting loads of money wouldn't the value of a $ just go down, i.e...the house that is now sold for $200,000 would go for $700,000. Just a thought.
I wish I could edit my comments. I ment to say SMART people.
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