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Highway61 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:39 AM
Original message
In My email inbox this morning...
Thought I'd share....simplistic, but maybe...just maybe, simple is a good thing....Here ya go

To: the many people I know who are on my email lists, I don't know who this guy is. But it kind of makes you think......


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. 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+ a s 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 o ther 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 A IG 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 AI G 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!!
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:42 AM
Response to Original message
1. I thought it sounded good and posted it last week-got this response
from a DUer with better math skills than T. J. Birkenmeier or myself...

NUMBERS WRONG by x1000...its $425 for each person NOT $425000
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grannie4peace Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:44 AM
Response to Reply #1
5. love you!!!!
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Highway61 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:48 AM
Response to Reply #1
8. Thanks
didn't know it was already posted. That being said, it didn't take long for the "correction" to come along on your original post. I'll put my helmut on now...
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:43 AM
Response to Original message
2. Math Error - Actually (Only!) $425 Per Adult n/t
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Uben Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:43 AM
Response to Original message
3. Check your math
Thats $425
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Cassandra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:43 AM
Response to Original message
4. Simple is not always so good.
"divide 200 million adults 18+ into $85 billion that equals $425,000.00."
Actually, it equals $425.
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sellitman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:44 AM
Response to Original message
6. Never mind
Edited on Mon Sep-29-08 07:45 AM by sellitman
Bad Math
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MrMonk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:44 AM
Response to Original message
7. Math's wrong.
$85,000,000,000 divided by $200,000,000 equals $425, not $425,000.

Why trust an e-mail that can't do simple math?
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groovedaddy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 07:48 AM
Response to Reply #7
9. Sounds like republican math to me! n.t
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Tesla Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 08:01 AM
Response to Reply #9
10. T.J. needs a new calculator
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 08:21 AM
Response to Original message
11. I feel bad for T.J. Birkenmeier
He probably blasted this out to a few hundred contacts. He probably thought he had stumbled into the economic fix for America. How embarrassing. I got this forwarded to me last night and saw the math error right away. TJ will become famous, but for all the wrong reasons.
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