The Economic Recovery Plan...

You know we do not even get amazed anymore at how so many people do not understand what the "bail out" means to our country and it's future! Where will this country get the money to fund the so called bail out? That's right, you stuck your hand in your pocket. That is where the money is coming from. For the investor who is up on the latest strategies, you will make bank on the deal. Now, do not get this wrong. We do not know where this will all go if this thing is ever even passed, but it is like the old saying goes, "The path to hell was paved with good intentions" so, where this goes, is just as good as a guess as the next guys. We got an email forwarded to us the other day, we're sure MANY of you got it. It was REALLY an astute observation, even if the math may be off a bit. Take a look see, and please post a response to this second blog (we do not do many) entry, We are SURE looking forward to them all! WE LOVE COLLABORATING with others on these subjects, it keeps us on our toes. :O) Oh well, enjoy the message below that was posted all over the net. Subject: Economic Recovery Plan I'm against the $85 BILLION 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 bona fide U.S. citizens, aged 18+. Our population is about 301 million counting every man, woman and child. So, 20 0,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billon - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a "We Deserve It" dividend. Of course, it would NOT be tax free. So, let's assume a tax rate of 30%. Everyone would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00! What would you do with $297,500.00 to $595,000.00? • Pay off your mortgage – housing crisis solved • Repay=2 0college loans – what a great boost to new grads • Put away money for college – it'll really 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 and older (including the folks who lost their jobs at Lehmann Brothers and every other company that is cutting back) and of course, for those serving in20our Armed Forces. If we're going to re-distribute wealth let's really do it! Instead of trickling out a puny $1,000.00 ("Republican vote buy") economic incentive. If we're going to do an $85 billion bailout, let's bail out every adult U.S. citizen!! 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. We deserve the money and AIG doesn't. Sure it's a crazy idea, but can you imagine the coast-to-coast block party?! How do you spell Economic Boom ? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! 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, D.C.. 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