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* THE REAL ECONOMIC PLAN*
*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 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
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.*
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