|
PureBytes Links
Trading Reference Links
|
Are you joking? or math challanged also ??? 1 trillion is about 12 times
85 billion ... so 12 X 425 = $4,300 which is still a far cry
from $425,000.
Geez people.
Boater805
At 01:21 PM 9/25/2008, you wrote:
could the error be
in the $85 billion? What would the number be if yu were looking at
the entire $1 trillion dollar bail out package.
Ira
www.delta100.com
- ----- Original Message -----
- From: JHP
- To: RealTraders
- Sent: Thursday, September 25, 2008 1:10 PM
- Subject: Re: [RT] Fw: Economic Recovery
- In economics maybe, but not in math.
-
- Jan Philipp
-
- ----- Original Message -----
- From: Ira
- To:
Undisclosed-Recipient:;
- Sent: Thursday, September 25, 2008 12:57 PM
- Subject: [RT] Fw: Economic Recovery
-
- Sent: Thursday, September 25, 2008 9:31 AM
- Subject: FW: Economic Recovery
- This is brilliant--I had not heard of this
before. This guy should at least get nominated for a Nobel Prize in
economics. Even if the numbers are skewed a little, the point is
well made. Let's face it, the economy only works when money is
circulating--it must change hands. Spending is to be
encouraged--within your means. Read
on...
-
-
- 'Success means having the
courage, determination, and the will to become the person you believe you
were meant to be.'
- Subject: 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 bona fide
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 billion 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.
-
- Kindest personal
regards,
- Birk
- T. J. Birkenmeier, A
Creative Guy & Citizen of the
Republic
&nb!
sp;
- 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!!
- P.P.S. Even if the number is 250 million adults, the share is
$340,000 gross each!!!
-
($238,000
net after that estimated 30% federal tax
rate)
-
Your state
and local governments will want 'their share' too, but think of
all
-
the
pre-financed public works projects that could get done. More
jobs!
-
Repave
streets and upgrade utilities--that needs labor, and equipment and
materials.
-
This is way
better than 'trickle-down' economics--it would be 'tidal wave'
economics!
-
Make sure
the $25 billion that goes right back to Uncle Sam gets used for
debt
reduction.
-
- PPPS--I heard on the radio that the total
of all recent and potential near-term bailouts may reach $500
billion. Put another way, half-a-trillion dollars. Or 500,000
million!
No virus found in this incoming message.
Checked by AVG -
http://www.avg.com
Version: 8.0.169 / Virus Database: 270.7.2/1689 - Release Date: 9/24/2008
6:51 PM
__._,_.___
![]()
__,_._,___
|