St. Patty's Day Green!

It is very appropriate that the market is higher (at the moment), green is a big deal today. How big?

• The city of Savannah, GA goes all out with a special festival. Estimates place the economic impact at $30 million in a normal year.
• There are roughly 150 cities that can hold their own (in size) with Savannah.
• $30 million * 150 cities = $4.5 billion in party revenues

This brings me to a new plan for economic recovery, I call it PARTY FOR POVERTY!

This plan requires the U.S. to announce August as an official global party month. Most of Europe is already on vacation in August, so I think they will be an easy sell. Asia might put up resistance, but if we remind them that 2009 is the year of the Ox (Chinese calendar) we might be able to convince them to drink like this beast of burden. Central and South America are already on the planning committee (but are always late to the meetings). Australia said yes, but doesn't want the Outback Steak House to be it's official location. Russia refused to answer.

There are over 1,000 cities in the world with at least 500,000 people in them (but China has a lot of them, so we really need them to buy in).

• 1,000 cities * $30 million = $30 billion per day (in party revenues)
• $30 billion per day * 30 days = $900 billion

If we could generate $900 billion in August party revenues we could pay for the U.S. stimulus package recently passed in Washington D.C.!

If we party in August we will have a huge headache from drinking too much, but no stimulus debt. If we don't party we still have a huge headache (stimulus debt). So if we are stuck with a headache either way- so I vote for the party!