I’m against the $85,000,000,000.00 bailout of AIG & others.
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 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,
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!!
So here are my thoughts on what we saw this evening. The most striking thing to me was to watch when Obama called him out time after time on all the major issues that were discussed, that McAngry could not muster the balls to even look at Obama. Not only did that make him look condescending, rude, and frightened. It made it look like McCain thought Obama was somehow unworthy to stand on that stage. Age? Experience? Race? It appears at least that there's something to this whole "get off my lawn" aspect that the media has been talking about for some time now. Regardless, though, if you can't stand on a stage and even look at Barack Obama throughout a 90 minute debate, what does that say about your negotiating skills?
So who won? Obviously I'm biased, but I think Obama won, but I have the advantage of having polls to back me up(CNN and CBS). McCain did hold his ground, but remember, this is supposed to be Obama's weakness. McCain should have cleaned Obama's clock in that regard, and frankly he didn't. They came out about even on policy. Neither was defeated roundly. I think that McCain's temperament and his repeated use of the "Obama doesn't understand" line is a turn off to independent voters. I understand that it's code to religious conservatives, but he already has them. For undecided voters, he did not do himself many favors tonight.
And so John likes -- John, you like to pretend like the war started in 2007. You talk about the surge. The war started in 2003, and at the time when the war started, you said it was going to be quick and easy. You said we knew where the weapons of mass destruction were. You were wrong. You said that we were going to be greeted as liberators. You were wrong. You said that there was no history of violence between Shia and Sunni. And you were wrong.
Jim, let me just make a point. I've got a bracelet, too, from Sergeant - from the mother of Sergeant Ryan David Jopeck (ph), given to me in Green Bay[Wisconsin]. She asked me, can you please make sure another mother is not going through what I'm going through.
But let's be clear: Earmarks account for $18 billion in last year's budget. Senator McCain is proposing -- and this is a fundamental difference between us -- $300 billion in tax cuts to some of the wealthiest corporations and individuals in the country, $300 billion.
John, it's been your president who you said you agreed with 90 percent of the time who presided over this increase in spending. This orgy of spending and enormous deficits you voted for almost all of his budgets. So to stand here and after eight years and say that you're going to lead on controlling spending and, you know, balancing our tax cuts so that they help middle class families when over the last eight years that hasn't happened I think just is, you know, kind of hard to swallow.
And one final one from the post-debate coverage...
When he mentioned Alexander the Great, I thought he was going to say, "And you know, I met with Alexander the Great!"
North Dakota law requires that an application for an absentee ballot contain, among other things, spaces for a voters' date of birth and their drivers license identification number. (Click here for NDCC § 16.1-17-06.) The Republican Party screwed up the application forms they distributed to their party faithful this year, and did not include those required two blanks.
According to the story reported on KXMB TV's website, Secretary of State Al Jaeger (R) has decided that -- even though their forms do not comply with the law -- his office is going to let the state Republican Party get away with using illegal application forms.
The North DakotaRepublican Party sent out this flyer with tear off applications.
However, it did not ask for the voters date of birth or drivers license identifications number.
A new law requires both of these pieces of information.
Secretary of State Al Jaeger says despite the oversight, the applications will be accepted.
Ok, so here's the scoop for tonight in Bismarck. The NDGrassroots4Obama Headquarters will be up and running and they will be hosting a debate watch party at 7:00. It's potluck and bring your own chair and beverage. No need to sign up at the Obama website.
Hope to see you here.
Listen to Joel Heitkamp's show on KFGO (Fargo) -- streaming at KFGO.com -- at 3:45 p.m. to learn all about the Obama volunteer movement in North Dakota.
Strangely, nothing about this surprises me. And, more strangely, I don't see this as being a step in the wrong direction.
See, it gives me a certain feeling of security to know that the person who will be one old, weak heartbeat away from being our next president will have had all the demons cast out of her through the efforts of a witch-hunting pastor laying his hands on her.