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Old 09-24-2008, 12:28 PM   #1
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The Birk Economic Recovery Plan

My kind of email.


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Subject: The Birk Economic Recovery 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 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 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!!

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Old 09-24-2008, 12:44 PM   #2
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I could get a Jeep like Scouts! (well, almost...)

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Old 09-24-2008, 12:48 PM   #3
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Now there's a better plan than I heard from the treasury guy yesterday.
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Old 09-24-2008, 01:18 PM   #4
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That'd buy a few guns.

The only debt I owe for large items IS my house. I could get both kids through school (though they are both 18+ now, so they can use THEIR refunds for it). I'd sell everything and move! Live my life on a sailboat going country to country as the winds took me.
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Old 09-24-2008, 03:01 PM   #5
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Somebody needs to send this to Congress.
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Old 09-24-2008, 04:24 PM   #6
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WOW, I could pay off my Jeep - exwife, and travel around the country visiting WF members and go wheeling. I like it!
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Old 09-24-2008, 05:56 PM   #7
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Funny, we were just talking about this same thing at work today. Non of our buisness would be bailed out if they failed. You really want to jump start an economy? Think of how many buisnesses would go from about to close, to booming, if people had the money to pay for things other than barely making bills

Besides his 30% tax back to the govt, think how much money would go back into the govt in sales tax... A lot less money would actually be "given away" than you would think.
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Old 09-24-2008, 08:16 PM   #8
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someone did their math wrong. thats only 425 buckssss ):
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Old 09-24-2008, 11:09 PM   #9
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Quote:
Originally Posted by George T. View Post
someone did their math wrong. thats only 425 buckssss ):
haha, yup, i just checked it too. ITS WRONG!!!!!
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Old 09-27-2008, 08:42 AM   #10
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ya i have seen this around.. what could you do with $425.00????? lol... nice rant without checking math!!
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Old 09-27-2008, 10:28 PM   #11
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Who cares, thats a few months of gas for the jeeps.

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