So with everything that is happening with the shitty economy and the bailout bill not passing, my boss forwarded me this email and this is a crazy ass idea, theatrically it could work, but it would never ever ever ever happen. Anyway, ready it and marinate on it.
Monday, September 29, 2008
"I'm against the $85,000,000,000.00 bailout of AIG. Instead, I'm in favor of giving
$85,000,000,000.00 to America in a We Deserve it Dividend. To make the math simple, lets
assume there are 200,000,000 bonafide U.S. Citizens 18+. Our Population is about
301,000,000 +/- counting every man, woman & child. So 200,000,000 might be a fair stab at
adults 18 & 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 lets 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 & wife has $595,000.00. What would you do with $297,500 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 parents medical insurance-health care improves.
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, lets 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, lets bail out every
adult U.S. citizen 18+!
As for AIG-liquidate it.
Sell of 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 its a crazy idea that can "never work." But could 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 D.C. And remember, The Birk Plan only
really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.
Ahh...I feel so much better getting that off my chest.
Kindest personal regards,
T.J. Birkenmeier, A creative guy & Citizen of the Republic"