Could this work? I received this forward from my friend Lorry today and I'm just wondering if this approach could actually work...
I want to preface it by saying this is in no way me endorsing any presidential candidate. I have no idea which candidate that he's referring to that is wanting to use a $1000 credit to "buy a vote". Which probably means it's inaccurate information. Still, this is interesting...
THE BIRK PLAN.... A WILD IDEA THAT WILL NEVER HAPPEN/.....
The Birk Plan (The dream of a Private Citizen)
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
To make the math simple, let's assume there are 200,000,000 bonafide U.S.
Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adu lts 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
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
Re member 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
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
by one of our candidates for President.
If we're going to do an $85 bi llion bailout, let's bail out every adult U S
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. Maybe???
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult A mericans 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.