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FH just forwarded me

beram63 Posted:

FH just forwarded me

this email.

The Birk Economic Recovery Plan


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 bon-a-fide U.S. C itizens 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 insuranc e - 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!!

KittyGags Posted:

Re: FH just forwarded me

I guess everyone is just changing their name at the bottom! I posted the same letter last week from my colleague's dad's pastor...

PoppedInASnap Posted:

Re: FH just forwarded me


Posted by KittyGags

I guess everyone is just changing their name at the bottom! I posted the same letter last week from my colleague's dad's pastor...



I got the same one from my aunt
beram63 Posted:

Re: FH just forwarded me


Posted by KittyGags

I guess everyone is just changing their name at the bottom! I posted the same letter last week from my colleague's dad's pastor...



ha--it figures. i just thought it was interesting. sorry i missed it the first time around.
PROBM Posted:

Re: FH just forwarded me

i love it!

littlepixie12 Posted:

Re: FH just forwarded me

this is freaking great!
Jennmolloy Posted:

Re: FH just forwarded me

Lets do it I missed the first round too!!!
lkdrnw Posted:

Re: FH just forwarded me

Sorry to be a crasher and burst bubbles--but I received this email as well and the accountant in me did the math and 85,000,000,000/200,000,000 is actually $425 and if 30% has to go to the gov't in taxes, that is actually 297.50 per person
Sorry Ladies--trust me i loved it too when i first ran through it!!
beram63 Posted:

Re: FH just forwarded me


Posted by lkdrnw

Sorry to be a crasher and burst bubbles--but I received this email as well and the accountant in me did the math and 85,000,000,000/200,000,000 is actually $425 and if 30% has to go to the gov't in taxes, that is actually 297.50 per person
Sorry Ladies--trust me i loved it too when i first ran through it!!



i'm doing a unit on spin next month w/ my 8th graders. i'm totally saving this and using it in class.
chicky724 Posted:

Re: FH just forwarded me


Posted by lkdrnw

Sorry to be a crasher and burst bubbles--but I received this email as well and the accountant in me did the math and 85,000,000,000/200,000,000 is actually $425 and if 30% has to go to the gov't in taxes, that is actually 297.50 per person
Sorry Ladies--trust me i loved it too when i first ran through it!!



DAMN! I knew it sounded too good to be true!
MrsDtoBe09 Posted:

Re: FH just forwarded me

A coworker was saying something about this yesterday but with $10,000. I thought he was making it up himself. I told him he has my vote!

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