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The Birk Economic Recovery Plan

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  • The Birk Economic Recovery Plan

    I think this is a very good idea


    This idea sounds just crazy enough to possibly work, so naturally it won't be given serious consideration. How great is our bureaucracy!!

    Hi Pals,

    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 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

    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!!



    MOSHON
    DAVE
    "It's because the speed of light is superior to the speed of sound that so many people look shiny before they actually sound stupid"

    "All pleasure comes at someone Else's expense"

    The internet is where, The men are men, the women are men, and the children are FBI agents.

  • #2
    MOSHWITZ For President!

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    • #3
      That is a fantastic idea, except I thought the bailout is for roughly 10 times that.

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      • #4
        Make it so!
        Your friendly neighborhood import whore :: '08 DK2M, '08 DKMG, '03 KVX10, '94 Dinky Rev.

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        • #5
          Originally posted by thetroy View Post
          That is a fantastic idea, except I thought the bailout is for roughly 10 times that.
          The 85 billion was just for AIG.
          Don't forget the corn. It's nutritious, delicious, and ribbed for her pleasure.

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          • #6
            You know I was reading this wondering why no one had thought of it before and then I realized I was being an idiot...

            $85,000,000,000.00 divided by 200,000,000 people is $425.00

            NOT $425,000.00

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            • #7
              I know that wasn't right without grabbing a calculator.

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              • #8
                ...ouch!
                "Dear Dr. Bill,
                I work with a woman who is about 5 feet tall and weighs close to 450 pounds and has more facial hair than ZZ Top." - Jack The Riffer

                "OK, we can both have Ben..joint custody. I'll have him on the weekends. We could go out in my Cobra and give people the finger..weather permitting of course.." -Bill Z. Bub

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                • #9
                  do the math first, I guess
                  the guitar players look damaged - they've been outcasts all their lives

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                  • #10

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                    • #11
                      LoL...
                      what's a couple of zeroes matter

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                      • #12
                        Zero is nothing so I guess they don't matter at all!

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                        • #13
                          I'm looking for a miracle man...that tells me no lies!
                          '90 (8?) Jackson Soloist Professional
                          '97 Jackson RR1 Pile o'skulls
                          '97 Gibson Les Paul Classic
                          '92 Fender Strat scallop
                          '97 BC Rich perfect Bich
                          '99 Burns Brian May black beauty

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                          • #14
                            hyper inflation anyone ???

                            (plus that whole math thingy !!!)
                            Enjoying a rum and coke, just didn't have any coke...

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                            • #15
                              Moshwitz, I think there's an opening for you as a financial industry CEO. :ROTF:

                              Lol we have our brand of socialism all backwards. Nationalize something that makes $$$ and you can cut everyone's taxes, like say oil and natural gas ( I feel like I'm walking on thin, pink colored ice, but fuggit - I'm sick of the shaft. )

                              Or we can keep covering the asses of the failed greedy so they can try, try again.

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