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This was sent by a friend and I thought it too good not to share:

Dear Mr. President:

Please find below my suggestion for fixing America's economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses, use the following plan.

You can call it the Patriotic Retirement Plan:

There are about 40 million people over 50 in the work force.

Pay them $1 million apiece severance for early retirement with the following stipulations:

1) They MUST retire. Forty million job openings - Unemployment fixed.

2) They MUST buy a new American CAR. Forty million cars ordered- Auto Industry fixed.

3) They MUST either buy a house or pay off their mortgage - Housing Crisis fixed. It can't get any easier than that! If more money is needed, have all members of Congress and their constituents pay their taxes... If you think this would work, please forward to everyone you know. If not, please disregard.

Notes


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Right on! And too true to be funny.

R.


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Fabulous.........great plan, similar ideas have cropped up in the last few years, even when Bush was in office.

Of course this is assuming that the Govt actually Wants! to fix the problems, (which they don't). Govt. needs crisis to survive and grow, so they can continue to help everyone, by nationalizing everything they can as fast as they can, and then to help in that process, appoint Supreme Court Justices who scoff at the constitution, and decide to legislate from the bench.

Don't get me wrong, the plan is great, I love the idea, (especially since I'm over 50), but doesn anyone really thing the Govt is concerned about these issues, or even patriotism for that matter. These are only methods of manipulating the masses to do the right thing, regardless of how badly the Govt continues to screw things up.

sorry for the rant, but this administration is killing us..........

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I don't think this would ever happen, and it is probably too simplistic to work in the first place. The corporations would most likely outsource the majority of the vacant jobs, the national debt would rise even more, and there would of course be rampant cheating.

But I thought it humorous enough to post.

The economy has been going downhill since Clinton (who I did not vote for) left office. One political party got us into this mess and the other seems to be getting us in deeper.

IMO, The major corporations have become the government and our elected officials merely their puppets.

The American experiment has been corrupted and the founding fathers must be spinning in their graves.

Notes


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Find a way to include those of us over 50 who want to continue working at some level and I like it.

For example, I would not want Uncle Sam to be telling me that I couldn't play a gig again simply because I'm over 50.


--Mac

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Quote:

<...>
For example, I would not want Uncle Sam to be telling me that I couldn't play a gig again simply because I'm over 50. <...>




Hey Mac! Notice you said PLAY a gig, not Work a gig!!!

Notes


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Major league ballplayers also call what they do, "playing ball".

Ever see their earnings statements?



--Mac

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Q: (for those that think this plan would work) How much is 40,000,000 x 1,000,000?


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Here is my problem with this concept:

You get 1 million dollars, at the curent tax rate that would equate to $667,000 after taxes, but for fun let's say they give it to you tax free

$1,000,000 in hand

You can't work so no income, your retired!

No Social Security, cause you do not qualify, and under current law if 55 not for 10 to 12 years.

Buy a car, approx $24,000

Buy a house say for $175,000

Total expenditures $199,000

$1,000,000 -
$ 199,000
------------------
$ 801,000 @ 4% bank Cd rate, cause you can not afford to gamble with it

$32,040 per year, which WILL be taxable at approx 28% depending on where you live
- $8,900
Leaving $$23,140 for income Or $1,983 per month to live on with a brand new car and paid for house it id doable but not livin' large for sure. If you had a few bill to pay off first it might not be a good deal.


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Quote:

Q: (for those that think this plan would work) How much is 40,000,000 x 1,000,000?




That would be 40 trillion dollars. And your point is?

Richard "Spend All Ya Want, We'll Print More" L.


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Quote:

Quote:

Q: (for those that think this plan would work) How much is 40,000,000 x 1,000,000?




That would be 40 trillion dollars. And your point is?




Perhaps the point is that the US national debt is only 8.7 trillion dollars.

https://www.youtube.com/watch?v=O_TjBNjc9Bo

It might be possible to spend that kind of money in other ways - like getting rid of the debt.

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1) The post was meant in fun
2) In the unlikely event that it actually happened, it would not cost 40 trillion, but only 40 million
3) I'm over 50 and the stock market crash took most of my retirement savings away, so I'm all for it.

And Mac, yes, at 50 I don't think I have a million dollars worth of income left from the rest of the gigs I will be playing, so I'll play for free, hire a couple or roadies, and pay them what I get for the gig, anything else goes to charity.

But nobody should get nervous about this. Even if 300,000,000 people send this letter to the president and all the members of congress, it wouldn't happen. Why? We the people do not run this government. The Multi-national corporations run the government and the people we elect are merely their puppets.

Insights and incites by Notes


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Quote:

2) In the unlikely event that it actually happened, it would not cost 40 trillion, but only 40 million



40 people receiving a million dollars is 40 million.
40 million receiving it is a whole lot more!! (say....40 trillion???)

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We the people do not run this government. The Multi-national corporations run the government and the people we elect are merely their puppets.

Insights and incites by Notes




No truer words have been spoken.

The irony of this situation is that people expect congress, the same people, both Democrats and Republicans, that got us into this mess by writing treaties that allowed their corporate leader friends to outsource good paying American jobs to third world countries with no penalties like tariffs or taxes when they bring those products back into the USA, to get us out of this mess.


My goal this weekend is to move just enough each day so that no one pokes me to see if I'm dead or not.

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Bob is just proving my long held contention that good musicians can only count reliably up to the number four...


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I fell into the same trap as Bob did. When you look at his post, it says '$1 Million dollars', not $1,000,000. Because we see only the '1', we do the automatic arithmetic (some of us, anyway) that $40,000,000 x 1 is $40,000,000 (which of course it is), but is not the same as $40,000,000 x 1,000,000.

Still, what has this bailout cost us so far? By the time we get done with this thing, it may not be a bad idea after all. In fact, it may actually be cheaper to get away with.

Gary


I'm blessed watching God do what He does best. I've had a few rough years, and I'm still not back to where I want to be, but I'm on the way and things are looking far better now than what they were!
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Quote:

Bob is just proving my long held contention that good musicians can only count reliably up to the number four...





Brubeck and Desmond seemed to make it to 5 on occasion...

Last edited by PapaMikie; 05/28/09 09:07 AM.

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Brubeck and Desmond did a tune that was subdivided into counting one bar of 3 followed by one bar of 2.

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40,000,000
x 1,000,000
40,000,000,000,000

or 40 million million but what is a few zero's between friends?


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That was a result no not counting past 4 except if you are counting 28 bars of rest and even then 1 2 3 4, 2 2 3 4, 3 2 3 4, 4 2 3 4, HELP!

Then I watch the wife and try and come in at the same time, I tried using my fingers, works ok until I hit the 11th bar and I can get confused.


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