We Deserve it Dividend

[TIDDYBEAR]

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 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 Dividendmore than I do the geniuses at AIG or in Washington DC .

And remember, The Birk pla n 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!!

[grantpk]

Hey, I'd like to get that cash -- although the arithmetic is wrong.  $85,000,000,000 divided by $200,000,000 is only $425.   

[FoulBreeze]

Hey, I'd like to get that cash -- although the arithmetic is wrong.  $85,000,000,000 divided by $200,000,000 is only $425.   

There's still no provision in this latest Giveaway Plan to keep the CEOs from trading their severance cash for Euros.

[theunbubba]

If you did that who would keep working? How many of the poor would quit their jobs and just buy a cheap little house thinking it would keep them up for life? Then inflation sets in. Nobody working in the factories and everyone demanding goods and services. Sounds like a plan for disaster on a grand scale. Just like all well intentioned plans of the do gooder left.

If you like the washington management of our economy just wait until they get a hold on your health care!

[Harley Ultra]

Why are none of the media asking why they bailed out AIG, but did not bail out Leeman Bros? I think it might have something to do with with has more to gain by who gets saved, and they want us to turn over the Government check book to them.