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Birkenmeier Economic 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

bona fide 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 d o 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!!

I LIKE THIS PLAN

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I wonder

Perfect! More meaningless numbers with no consideration for mathematics.

I wonder if this 'Birk' fellow is among those who stated their income as $420,000 per year on their mortgage application, when in fact it was $42,000.

pfft .. they're just some zeroes. 420, 420000 what's the difference, right? This guy's math skill and logic is about as good as most of the economists working on the problem, but not quite as good as my third grade nephew.

I also think the bit about how his plan will enable dead beat dads to come clean is wet yourself hysterical. It makes me think that perhaps there exists a potential for a lobby here. Perhaps an entitlement fund for dead beat dads is in order. What this country REALLY needs? An economic stimulus package for dead beat dads!

"Hooray .. thanks to the gubmint redistributing a quarter million dollars to me that I didn't lift a finger to earn, I can now pay off two years of back child support! My ex-wife will be so excited about this!"

Sorry .. If I don't laugh, I'll cry.

Saw this yesterday...

..thought I was too tired...because I kept getting $425...not $425,000....I have gotten some sleep and I am again getting $425, not $425,000...
I believe the math in this article is wrong...

O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond
BAN ELECTRONIC VOTING!!

Uhhh no

(If this is a joke and I've taken it too seriously, then my bad)

I don't want to have to burst your bubble here, but your plan will be disastrous. Although, probably not much more disastrous than the "bail-out".

If you're on this site you need to get up to speed with economics. Your plan amounts to inflation and massive amounts of it. Just giving people money created from nothing does not increase social welfare one iota! David Hume(look him up) realized that if magically overnight people had their money supply doubled it would confer no net benefit. Prices would just double. Your plan would wipe out all the savings of people who saved their money. It would hurt everyone on a fixed income.

You need to get it out of your head that a 'plan' can fix this mess. Nothing can be done to avoid a recession. The only question we can ask ourselves is how bad do we want it to be?

The Business Cycle always starts with excessive credit creation. How can more credit possibly resolve this situation?

"My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline."
- Ludwig Von Mises

"My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline."
- Ludwig Von Mises

It came to me through one of

It came to me through one of the RP meetups I belong to. I agree that ANY bailout is disaster waiting to happen and again, I apologize for not doing the math prior to my post. I just thought that in principle, if Any bailout occurs, it should focus on we the people instead of the wealthiest of the wealthy. www.montanaforsharbono.com
http://montanacampaignforliberty.wordpress.com/

**the soul would have no rainbow if the eyes had no tears**

Ummm, divide that by a thousand....

Hi all, first post here. I've been seeing this "Birkenmeier" plan everywhere today, and finally HAD to chime in! I'm no math major or anything, but:

$85 billion divided by 200 million = $425, not $425,000

I could pay half a month's mortgage with that.

Correct me if I'm wrong :)

You sir (or madam) are correct!

Thanks for posting, I saw this earlier as well and thought wow, that'd be great, and then after the emotional response wore off, had the same realization as you - someone didn't pass elementary school math...

Welcome to DailyPaul!

oops...I didn't do the math and I guess I should have....

I just thought his principle was something to ponder.
www.montanaforsharbono.com
http://montanacampaignforliberty.wordpress.com/

**the soul would have no rainbow if the eyes had no tears**

I was thinking that too...

I was thinking that too...

The People's President
Ron Paul R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution 2012

I know the AIG bailout is

I know the AIG bailout is history but imagine this letter using $700B instead of the $85B. If they have to do any bailout at all, to me, this is the best one yet.
www.montanaforsharbono.com
http://montanacampaignforliberty.wordpress.com/

**the soul would have no rainbow if the eyes had no tears**