The Birk Economic Recovery Plan

The Modify T. J. Birkenmeier Plan

Is against the proposed $700 Billion bailout

Instead, it favors giving $700 Billion to

American citizens.

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 $700 billion that equals $350,00.The plan is to give $350,000 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 $105,000.00 in taxes.

That sends $21,000,000,000 right back to Uncle Sam. But it means that every adult 18+ has $245,000.00 in their pocket. A husband and wife has $490,000.00.

What would you do with $245,000.00 to $490,000.00 in your family?

• Pay off your mortgage – housing crisis solved
• Pay off your medical bills
• Repay college loans – what a great boost to new grads
• Put away money for college – it’ll be there earning interest helping the economy
• Save in a bank – create money to loan to entrepreneurs, businesses and maybe even a bank
• Buy a new stuff like an automobile – help out the manufactures by creating or saving a 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 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 $700 billion bailout, let’s bail out every adult U S Citizen 18+!

As for Wall Street and the Banks let them work regain the citizen of this country trust or liquidate it. I like what Warren Buffet is quoted as saying, “Be suspicious of the motives of people on Wall Streets.”

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. Why not?

I trust my fellow adult Americans to know how to use the $700 Billion to benefit this country as a whole. On the other hand a blank check to a few select banks that banded together to change their status to “holding company.” The week afterwards two begin buying up banks and creating chaos. Or did some of you missed that move?

And remember, The Birk plan only really costs $490 Billion because $210 Billion is returned instantly in taxes to Uncle Sam.  What is the harm in getting the American citizen out of debt instead of a select few financial institutions.

T. J. Birkenmeier, A Creative Guy & Citizen of the Republic