Thursday, September 25, 2008

more political stuff

For the record,
I didn't write the bulk of my last post; I'm not really capable of that kind of creativity this early in the school year. BUT...
I agree with it, so that's that.
Here's another interesting thing I came across, concerning the latest bail-out plans... Do the math yourself, and you'll see it IS accurate. Kinda blows your mind, huh?

Oh, and Tammy... you didn't leave a link to the specific post you wanted me to respond to, so send it please. :)

So, the following post is a few weeks old. Considering that the bailout is no longer 85 billion, but 700 billion, you can multiply the projected disbursements to citizens by NINE... JESUS, it's CRAZY!



OK.....here's a plan I could live with.

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 billon 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 team 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 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!!

2 comments:

k said...

Oh, thanks, Tyson.

I have specifically NOT done the numbers. I didn't want to know just how bad what they were wanting really was. I guess this is the last hoorah right before Bush gets out of office? I have been categorically against the buy out, because intuitively, I knew we were getting collectively screwed. Now I am pissed, ill, and depressed. Hey, for a moment there, I forgot all about my loneliness. Goddamn, rock on Bush-enomics!

Anonymous said...

Sorry honey -- here's a better link:

TNTalk Recent Posts

You'll have to scroll down a little ways to get to oldtory's post, but he references you specifically, so you'll know it when you see it.