So gee, your mortgage would be paid off but you’d be dependent on the government for every other aspect of your life.

Sad thing is, many Americans would take that deal.

Subject: Bail Out—HA!!! Bail ME out!!!

I don’t know about you, but I LOVE his plan. Ah well, it’s nice to dream isn’t it?

Were any of you wondering how AIG was going to pay back the American people? It is a loan right? There are no consequences to greed and mismanagement of money anymore. Check out what this guy says below – he is preaching to the choir here… Maybe this guy should run for President?

The difference between a successful person and others is not the lack of strength, not the lack of knowledge, but rather a lack of will –Vince Lombardi

An outstanding 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 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 US 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
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!!

http://elections.foxnews.com/2.....et-bailout

“Monday is going to be a popcorn day. Bring on the clowns and the dancing bears!”

Haha, I afraid that you have that right platypus. This has been the craziest and most entertaining Presidential election, EVER! :-)

God help us!

I see a lot of kicking and screaming, and not much go along to get along.

This might not be good for McCain unless he allows himself to be pushed toward conservatism.

I can picture the Republican ticket flipping, in which case it would be Sarah taking 48 states.

Monday is going to be a popcorn day. Bring on the clowns and the dancing bears!

“We are Constitutionally sworn to protect and defend this Republic against all enemies foreign and domestic. And my friends there are enemies.”

http://www.youtube.com/watch?v=oAADyc6t4nY

Rep. Michael Burgess (R-TX) – “We are under Martial Law”
http://www.youtube.com/watch?v=l7B4laX1E70

What the hell is really happening in Washington?

http://www.youtube.com/watch?v=H5tZc8oH–o

Struggling homeowners find little hope in federal program

“Among the chief complaints about Hope Now is a lack of transparent data. Even Federal Reserve Chairman Ben Bernanke has said that he can’t get reliable data on loan modifications.

At the time of its creation, Hope Now sought to modify up to 1.2 million adjustable-rate mortgages issued to sub-prime borrowers, those with the weakest credit. In a statement March 3 on its Web site, operated by mortgage-industry players, Hope Now said that more than 1 million homeowners had received loan workouts since last July.

That just muddied the waters. It included a period well before Hope Now began, and didn’t distinguish among one-month payment deferrals, temporary freezes on adjustable rates and modifications into fixed-rate loans.

“The big question is how many real loan modifications are happening, and I don’t think they know,” said Kurt Eggert, a professor at the Chapman University School of Law in Orange, Calif., and a member of a Federal Reserve consumer advisory board. “How can you say you are on top of the problem if you don’t know how broadly the ‘best solution’ is being applied?”

If you read the story, it seems the problem is that the homeowners in question actually worked and were responsible in trying to forestall foreclosure (in spite of taking out risky loans). The system just can’t handle that type of homeowner.

This is the Shamnesty Bill on steroids. Americans are not going to sit idly by this time and let the Congress do whatever the hell it is they want.

Grab your ankles, kids. SanFranNan has been at work along with the very people, Barney Frank and Chris Dodd, who are part of the problem.