Archive for September, 2008

Bailout?

I received this rather insightful email today. Okay, it’s not a wise move, but at least it’s a funny poke at Washington’s ridiculous idea of a bailout!

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 US 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

Good Tunage

Thanks to my brother-in-law, I got to enjoy watching this wonderful video today. I kept waiting for the SNL trailer. But sad to say, it is real.

And speaking of good tunage, McGrooter has become quite interested in watching the Gospel Music Channel. And I’m not sure how scared I should be by some of his favorites. Beware, you probably need an extra dose of grace to appreciate his taste!

First, there’s Skillet, a band I listened to years ago. This is his current favorite rock song. But the boy likes his rap too, including this ear candy by Mr. Del. You should see his mom dance to this one! And we can’t forget all the kids favorite, KJ-52′s Do Yo Thang. Then there is the entire family favorite, Joyful Noise. I can only imagine what the teenage years will be like! (by the way, for those who don’t know me, I kind of like the music stuff so it’s somewhat in the genes)