This is the BEST plan I have heard in a VERY LONG TIME !

 

Birk Bailout Plan w/Comments

 

Date: Sunday, September 28, 2008-2009, 7:23 AM
Subject: Just passing on someone else's thoughts...
(Birk plan w/ added comments by Boe C. 9/27/08)

 I kinda like the way they're thinking though!!!
 
 
 
 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.
 
 (I would stipulate that to qualify for this, individuals 1.
 be a "LEGAL" US Citizen, 2. Paid income taxes for
 the past 5 years if you are over the age of 22, 4 years if
 you are over age 21, 3 years if you are over age 20, 2 years
 if you are over age 19, 1 year if you are over age 18. The
 numbers would change some what, but the principal of the
 idea is the same.) Boe C.)
 
 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.
 
 (Even though I don't agree on a Tax on our TAX money
 already PAID, the boost to the US economy would be
 ASTOUNDING!) Boe C.)
 
 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 US 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,
 
 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!!
 
 (Pass it on to your friends AND Congressmen! If everyone
 who receives this would forward it to your friends qnd they
 would forward it to their Congressmen, the impact could be
 an eye opener!!!) BoeC.)