Jump to content
  • Announcements

    • olyclimber


      We have upgraded to new forum software as of late last year, and it makes everything here so much better!  It is now much easier to do pretty much anything, including write Trip Reports, sell gear, schedule climbing related events, and more. There is a new reputation system that allows for positive contributors to be recognized,  it is possible to tag content with identifiers, drag and drop in images, and it is much easier to embed multimedia content from Youtube, Vimeo, and more.  In all, the site is much more user friendly, bug free, and feature rich!   Whether you're a new user or a grizzled cascadeclimbers.com veteran, we think you'll love the new forums. Enjoy!
Sign in to follow this  

Economy solved!!!!!!!

Recommended Posts

Subject: The Birk Economic Recovery Plan


Hi Pals,


I’m against the $85 BILLION 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, aged 18+.


Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billon - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a “We Deserve It” dividend.


Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Every would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!


What would you do with $297,500.00 to $595,000.00?

· Pay off your mortgage – housing crisis solved

· Repay college loans – what a great boost to new grads

· Put away money for college – it’ll really 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 and older (including the folks who lost their jobs at Lehmann 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 $1,000.00 (“Republican vote buy”) economic incentive.


If we’re going to do an $85 billion bailout, let’s bail out every adult U.S. citizen!!


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.


We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can you imagine the coast-to-coast block party?!


How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! 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, D.C..


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

Share this post

Link to post
Share on other sites

$85,000,000,000 / 200,000,000 = $425.00


as an aside, note that the Brits say that 10^9 is a milliard and 10^12, which we call a trillion, is a "British" billion.

Share this post

Link to post
Share on other sites

Now, divide 200 million, 18+ adults into $85 billon - that equals $425,000.00 each!


It's math like this that got us into the crisis.

Share this post

Link to post
Share on other sites

We can pay for the "bailout" in a few short years simply by legalizing pot.


By the way here is some really bad news: several members of my Mariners season ticket syndicate are jumping ship! Grrrrrrr!

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this