Why You Should Oppose the $85,000,000,000.00 bailout of AIG

September 26, 2008 at 10:11 pm | Posted in corporate bullys, crooks & liars, Current Events, government spending, government waste, hypocrisy, political | 12 Comments
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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.

Ahhh…I feel so much better getting that off my chest.

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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12 Comments »

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  1. […] Original post by honjii […]

  2. Um, $85,000,000,000 divided by 200,000,000 is $425, not $425,000!

  3. Good point. However there are still many reasons we shouldn’t blindly accept the bailout.

  4. Actually it just occurred to me the number being thrown around in the bailout is 700 billion. Divide that by 200 million and we’d all get $3500.00.

  5. We need to follow Thomas Jefferson’s advice more often. These people have put together a petition using only Jefferson’s words. If it gets to 10000 signatures, it will be forwarded to the members of congress and the senate.
    Jefferson’s Plea.
    People are opposed to the bailout, because it is a shortcut to tyranny.

  6. Changes are needed. The proposed bailout rewards those that caused the problem.

  7. it is frightening that people that don’t have 3rd grade math skills think that they understand large scale economics. no wonder politicians can fool the public so successfully!

  8. Taking the number above – $3500 – I’d place it in savings for a health care emergency. Since I’m healthy now, hopefully it will grow big and beautiful by the time I need it. Of course, I would much rather take universal health care, but neither of these situations will happen any time soon.

  9. Check your math.

  10. John, read the comments, the math has already been checked.

  11. just reading your blog here and I just wanted to show my support. Really makes you wonder. Your avid reader, Erik Karibas.

  12. Que Pasol, just thought about the truth in the matter and I want to say thank you. It crazy to think what it will be like in 10 years. Best wishes, Jessica Styles.


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