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OFF TOPIC: my theory on a bailout
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THE_BLUFF_RAT
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PostPosted: Thu Mar 26, 2009 8:41 am    Post subject: OFF TOPIC: my theory on a bailout Reply with quote

here is my bailout:

the government has spent around 4 trillion dollars on bailouts
(400000000000000)....for nothing. According to the U.S. Bureau of the Census, there are 306,086,779 americans right now paying taxes. if the gov. were to give every adult in america a equal share of that 4 trillion dollars..we would all get app. 1,306,818.93.....with all that money around, we would all bail ourselves out..including the banks.
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landlocked beachbum
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PostPosted: Thu Mar 26, 2009 9:06 am    Post subject: Reply with quote

That's EXACTLY what Rush said two weeks ago: give the freeking "bailout money" BACK to the taxpayers............................... the economy would BOOM!!!!!!!!!!!!!!!! Shocked

I can guarantee you that with my share, I would pay off the house, buy two new vehicles, buy some land, buy some stocks, buy a new boat, etc! Wink
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RodBreaker
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PostPosted: Thu Mar 26, 2009 9:14 am    Post subject: Reply with quote

Actually it would be $13,068.19. Don't believe everything you copy and paste off of the internet. Laughing
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THE_BLUFF_RAT
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PostPosted: Thu Mar 26, 2009 9:23 am    Post subject: Reply with quote

RodBreaker wrote:
Actually it would be $13,068.19. Don't believe everything you copy and paste off of the internet. Laughing



i will trust a calculator over mine or anyone elses math skills. 4 trillion dollars divided by the number of adults in america is NOT 13 thousand bucks.....
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THE_BLUFF_RAT
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PostPosted: Thu Mar 26, 2009 9:24 am    Post subject: Reply with quote

landlocked beachbum wrote:
That's EXACTLY what Rush said two weeks ago: give the freeking "bailout money" BACK to the taxpayers............................... the economy would BOOM!!!!!!!!!!!!!!!! Shocked

I can guarantee you that with my share, I would pay off the house, buy two new vehicles, buy some land, buy some stocks, buy a new boat, etc! Wink



i think that would be the first thing for everybody...pay off the house or buy a house. how nice would that be.....
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landlocked beachbum
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PostPosted: Thu Mar 26, 2009 9:27 am    Post subject: Reply with quote

You're right rod breaker................................ there are 2 too many zeros in the original figure! Oh well, it was a nice if brief distraction. Rolling Eyes

But hey, I could STILL use the $13,068.19 BETTER than the morons who are getting the money and either sitting on it, giving out bonuses or throwing big bashes! Cool
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THE_BLUFF_RAT
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PostPosted: Thu Mar 26, 2009 9:33 am    Post subject: Reply with quote

if ya'll are right..please explain. there are 14 zeros in a trillion dollars.............1,000,000,000,000.00 Question Question




number showed are in billions


(TAF) Term Auction Facility 900

Commercial Banks 99.2

Investment Banks 56.7

Loans to buy ABCP 76.5

AIG 112.5

Bear Stearns 29.5

(TSLF) Term Securities Lending Facility 225

Swap Lines 613

(MMIFF) Money Market Investor Funding Facility 540

Commercial Paper Funding Facility 257

(TARP) Treasury Asset Relief Program 700

Automakers 25

(FHA) Federal Housing Administration 300

Fannie Mae/Freddie Mac 350
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RodBreaker
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PostPosted: Thu Mar 26, 2009 9:39 am    Post subject: Reply with quote

THE_BLUFF_RAT wrote:
if ya'll are right..please explain. there are 14 zeros in a trillion dollars.............1,000,000,000,000.00 Question Question


There are 6 zeros in a million, 9 in a billion, and 12 in a trillion.
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THE_BLUFF_RAT
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PostPosted: Thu Mar 26, 2009 9:42 am    Post subject: Reply with quote

RodBreaker wrote:
THE_BLUFF_RAT wrote:
if ya'll are right..please explain. there are 14 zeros in a trillion dollars.............1,000,000,000,000.00 Question Question


There are 6 zeros in a million, 9 in a billion, and 12 in a trillion.


Laughing im counting the cents.... Laughing dont i look like an idioto. thanks for clearin that up..
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landlocked beachbum
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PostPosted: Thu Mar 26, 2009 9:57 am    Post subject: Reply with quote

Thanks for NOT getting defensive................................... as happens now and then. It's refreshing to say the least! Wink We ALL make a mistake from time to time.

The simple fact is that for BIG numbers with lots of zeros, they are always in 3's!
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THE_BLUFF_RAT
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PostPosted: Thu Mar 26, 2009 10:06 am    Post subject: Reply with quote

Smile what ever the number is...im sure we could all use it. i need a new vehicle... Very Happy
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ironmanstan
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PostPosted: Thu Mar 26, 2009 11:11 am    Post subject: Reply with quote

well Last week 2 Brazilians were killed in Afganistan, When they informed Pres. Obama , he bowed his head and then looked up and said" My God thats horrible.....just how many is a brazillion" ........ha ha.
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Last edited by ironmanstan on Fri Mar 27, 2009 6:08 am; edited 1 time in total
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STEVEBAIT2
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PostPosted: Thu Mar 26, 2009 9:54 pm    Post subject: Re: OFF TOPIC: my theory on a bailout Reply with quote

THE_BLUFF_RAT wrote:
here is my bailout:

the government has spent around 4 trillion dollars on bailouts
(400000000000000)....for nothing. According to the U.S. Bureau of the Census, there are 306,086,779 americans right now paying taxes. if the gov. were to give every adult in america a equal share of that 4 trillion dollars..we would all get app. 1,306,818.93.....with all that money around, we would all bail ourselves out..including the banks.

DO YOU HAVE ANY IDEA HOW MUCH MONEY THAT IS ?

$100.00

$10,000.00

$1 MILLION

$100 MILLION
[
$1 BILLION

$1 TRILLION
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Skillzzz9
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PostPosted: Fri Mar 27, 2009 8:20 am    Post subject: Reply with quote

uhgg that is sickening
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mrwhitefolx
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PostPosted: Fri Mar 27, 2009 9:01 am    Post subject: Reply with quote

If you want to get technical, the census number (306,086,779) is not just tax paying adults. It includes children and non taxpayers. That figure is the total population of the U.S.
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