Monday, September 29, 2008

BIRK ECONOMICS

Birk Economics - Makes sense

I don’t know this Birk guy, but I sure like his logic… Something for the
Capitalists. Something for the “Spread the wealth Socialists.” Makes sense to me!
The Birk Economic Recovery Plan

Hi, Pals!

I’m against the $85,000,000,000.00 bailout of AIG.

Instead, Im in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.

To make the math simple, lets 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 billon 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 lets 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 itll 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 parents 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 were going to re-distribute wealth lets 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 were going to do an $85 billion bailout, lets 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 doesnt.

Sure, its 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 its either good for a laugh, or
a tear.

But in any event is a very sobering thought on how to best use $85 Billion!!

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