Here is a stimulus package that might work!

Rat Rods Rule

Help Support Rat Rods Rule:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

chop509

Infamous Dirty '34
Joined
May 13, 2007
Messages
301
Location
Spokane, WA
Stimulus package that might work! (not mine)

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 have $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 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 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.

Kindest personal regards,

Birk
T. J. Birkenmeier, A Creative Guy & Citizen
 
Last edited:
When it is put that way it seems like alot of money. Sounds like too much. If the loans are really bad, that is all money we have to pay in taxes. Seems really high. I think I like your plan much better.
 
Last edited:
I didn't check the figures......the guy is "creative", just doesn't know how to use a calculator! :confused:

He was probably using the same financial guidelines as the CEO's
that got us all into this mess :rolleyes:
He just doesn't get millions of dollars to "go away" ;). '22
 
My calculator says it is only $425.00 per person.... :eek:
Sorry..... '22

True. It is $425.00. I saw this on the news last week actually. It seems like this email has made its way around the entire country.

Keep in mind though, thats for the 85Billion$ AIG money now what about the 700 billion "rescue plan" A lot of good its done.
 
World Wide....

True. It is $425.00. I saw this on the news last week actually. It seems like this email has made its way around the entire country.

Actually, I received it from a friend in Europe and my sister-in-law in Utah.
And I am sitting in Russia.... The whole world knows... :rolleyes: '22
 
Actually, I received it from a friend in Europe and my sister-in-law in Utah.
And I am sitting in Russia.... The whole world knows... :rolleyes: '22

Yeah, and the market shows it. The asian markets are WAY down and the European markets are WAY down, and well.....we're not doing well here obviously.:(
 

Latest posts

Back
Top