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  • Click to view Dyronmom's profile
    Posted September 29, 2008 by
    Location
    Louisville, Kentucky
    Assignment
    Assignment
    This iReport is part of an assignment:
    Tell Glenn what you really think!

    Another Option

     

    Hey Glen Recieved this email... Thought you should see it...

     

    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 po pulation 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.

     

    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.</ FONT>

     

    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 paren t'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 Ameri cans 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

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