$85 billion is a conservative estimate. Bloomberg magazine is saying this could cost upwards of 5 TRILLION dollars. EDIT: I confused what the OP was referring to with the administration's bailout package, which is for $700 billion (expected to be as high as $5 trillion).
I think you need go back to math class because $85 billion divided by 200 million is $425.00 (four hundred and twenty-five dollars and zero cents). Unless you are using the long count sytem where a billion is a million million. But the US uses the short count where a billion is 1000 million and a trillion is 1000 billion (or a million million). Unless you think the gov should throw $85 trillion at your 'solution'.
I think the calculator he/she is using to post his/her message (ie his/her computer) is fine. Most likey operator error (ie garbage in, garbage out).
I meant $700 billion for this so-called bailout/criminal consolidation. I misread the OP's thread -- my mistake.
OK, this is the thread I am looking for. This came to me in an e-mail on today and it looks like it relates to this thread. I don't know the source. Sounds excellent to me, but I am not some highly paid government bureaucrat. Why would this not work? A modest proposal to cure the financial crisis currently facing our country. Instead of giving 700 BILLION Dollars to bail out companies for making stupid business decisions, why doesn't the government take the $700 billion and divide it up among those people who received the economic stimulus package. By our calculations, each American would receive around $300,000. With this $300,000, each American must pay off his/her mortgage, pay off all their credit card debt, and use any left over money to invest. So with this massive influx of money into the system recipients of this money could: 1. Pay off their mortgages, and in one quick moment, the mortgage crisis is solved. 2. People could pay off their credit card debt. Now, the credit markets would be again solvent and more money would be able to be lent to help expand small business owners around the country, thus stimulating investment, employment and economic growth 3. Each $300,000 check would be subject to federal and state income taxes, which would help boost government revenues 4. Any monies left over could be invested by individuals thereby flooding the investment marketplace with cash to help shore up their precarious positions.
700,000,000,000 divided by 130,000,000 "the number of people who received a 2008 stimulus check" comes up to $5,384.61 Avg. US Mortgage $1687 Avg. US Credit Card Debt $8000 39 Trillion makes too much sense ?
Oh shit, I didn't think it would get better! Ahhh this was great, I really needed that. Thanks to all that posted. My stomach hurts now. I just found this link. Researchers Find Systemic Problem in U.S. Mathematics and Science Education- New Educator http://www.educ.msu.edu/neweducator/Fall00/Timss.htm
Bad Math is the core of the problem,imo. 46% of Americans spend more than they earn. Yea, i guess its JUST the Economy we're talkin about. Trust me, i was.
Lol, I'm pretty sure this would fall under the STALKING clause in forum guidelines. I'll bet you my $300,000 refund check ,this has something to do with "Jehovah":sifone:
Tell you what. You go first and answer some of the questions that we've all been asking you, and then the rest of us will follow.