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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (28144)9/25/2008 7:19:12 PM
From: IRWIN JAMES FRANKEL1 Recommendation  Read Replies (1) | Respond to of 52153
 
>>Fully realizing that I don't understand our economic system,

True.

>> this guy should be up for the Nobel Prize in Economics.........and I couldn't agree more with his idea*

Apparently, you do not understand math either.

$85B/200M is $425 per person.

It is disturbing that so many people can't do simple math.

I doubt he could get that one past the Nobel Committee.

Stick to giving us slanted history lessons.

ij

* '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.