A Real Genuine Economic Recovery Plan

  Written by Herbert Gordon on Sep 30, 2008 4:34 pm

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Here is something we should think about. The Birk Economic Recovery 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 then 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 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.
 Kindest personal regards,
  Birk - T. J. Birkenmeier, A Creative Guy & Citizen of the Republic I sent the above email to my list and got some surprising responses. This one in particular made a lot of sense.
From: Karen Dockery <kdcan@ncez.net>
Subject: Re: $85 BILLION SOLUTION? Sounds like a plan to me...
To: "Herbert Gordon" <hgordon@sbcglobal.net>
Date: Tuesday, September 30, 2008, 6:41 AM I say send it to your representatives,
 
I know they have probably already seen it, but if enough of us send it to them, then how can they ignore it.
 
Here is another thought, Lets also take the government proposal of 700 Billion Bail Out currently being discussed and figure that instead of the 85 Billion AIG situation. Using the same analogy above.
 
Send every person above the age of 18, which is 200,000,000, ONE MILLION
Dollars. (We Deserve It Dividend Fund) That comes out to ONLY be: Approximately $350 BILLION or 1/2 of what they are proposing to spend..
 
My suggestion to add to the above example, would be to require the people who will receive these funds to use up to 75% of the money they receive after they pay the taxes for paying off their debts, mortgages being first. Now if they are not willing to do that, they simply do not receive the Million dollars. I can't conceive of anyone having a problem with that. Can you? LOL
 
Just think about this, there would be no way this would not work. It would not only solve ALL the problems Americans are facing but it would immediately make America and the American Dollar STRONG again!! EMPOWER THE PEOPLE, NOT WALL STREET and NOT Washington!!
 
If the government is so inclined to spend our money to bail out these corrupt companies let demand they bail out the american people. Why not? It's our money any way. I say Let's do it!!! Let's demand they do it. Enough of the Bull----. Take the sense out of all this non-sense once and for all.
 
Forward this letter to all your friends with this suggestion and tell them to write their congressmen, newspaper, radio & everyone they can think off. Do this TODAY!!  Right Now!!! Time is of the ESSENCE!
 
Smiles:)
Karen WOW!! Karen makes a lot of sense. So if your reading this I've done my part. Now do yours, Send away. What do you have to lose, nothing. Herbert Gordon PS. I not only sent this email to my congressman but to every TV, radio and newspaper in CT.   WORLD CHANGER MALL - PEOPLE HELPING PEOPLE
http://mpm.imttrack.com/t/c/DrMillionaire/mpm5/  

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