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AIG

 
What's your take? (click here)

Brighan  

An Open Blog to Congress.

 America, we need to openly debate the domestic issues that plaugue everyone who is touched by the status quo in politics. I hope to create a diverse and spirited debate of resolutions and actions we need to remind our elected officials that we, the voters, are their bosses. So feel free to post your gripes and answers how we, the people, can relive the promise of the American dream.

 

I collected some of the prior posts to get started, in which case I urge everyone to get out and vote this coming general election.

 

Dear Congress:

 

In my opinion, I am frustrated and disgusted to see that our elective officials sitting in Congress appoint themselves raises and golden parachutes while the 80% of us who live in poverty year after year see rising property taxes, lower job opportunities, and a rising corruptive government that puts the “haves” before the “have-nots.”

 

Why do we need to bail out the super rich for their greed and unethical business practices without any sanctions for their behaviors? Many questions frustrate the American public, in which case I refer to NAFTA, the war, and globalizing the world economy with our tax dollars supporting other nations.

 

DO NOT bail out the financial markets for their mistakes even if the economy collapses to the point that no one will dare to make the same mistake again. I will make sure other people know your voting record if you do support the bail out of the financial giants like Freddie Mac.

 

See you at the polls.

 

Elaine of TSA forwarded the Birk Plan that bears repeating:

The Birk Economic Recovery Plan (Talk about thinking out of the box)

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 (correction by Emil). 
My plan i s 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%.

 

0AEvery 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 Dead beat 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!!

 
In response to the debate, Elaine of TSA poses the question--Why not get the money from the pension funds of Congressman and politicians?  You know kinda like the Enron stunt which wiped out retirement savings and penions for so many in America.
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