Wednesday, October 01, 2008

Oh Yeah!

The Birkenmeier Plan

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

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,


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!!


Donna said...

GEEZ GIRL!! Hahaaa...This Could Work!! I Love it!!hughugs

Donna said...

I don't think these bailouts are the answer. It is never a good idea to reward bad behavior. Dave Ramsey's plan is the most sensible one I've seen so far.

Kellan said...

This is brilliant!! I would definitely vote for this - DEFINITELY!

I'm going to Stumble this post - it's brilliant!


PEA said...

Birk has my vote!! LOL

mreddie said...

That would make too many people happy and they certainly wouldn't want that. ec

Cindra said...

Is he the same guy that had the solution to the cost of the war on YouTube?

Now wouldn't that piss off the CEO's?

Next thing we have to do is start selling off any stock that overpays its CEOs... of course what stock would be left?

Virginia Gal said...

Interesting, though my understanding is that the money split between all taxpayers would actually amount to only $2000 per person.

Still I agree this bailout stinks!

bermudabluez said...

hahahaha! Got my vote!!

Brenda said...

Actual taxpayers Virginia Gal, not everyone who works a little is a taxpayer. :-)

jazzi said...

I could go for this for sure!

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