A new bailout plan.

[SpecM]

my dad used to own a fiat :stupid:


j/k I know what "fiat money" means...

... and 200 million Americans 18 and older? So 1 in 3 Americans are under 18? Maybe but I don't think its that many. I say it is more likey that there are 250 million 18+ (1 in 6 under 18, my estamite).

... so... 85 billion / 250 million = $340.
... but... 30% tax rate, so 340 x .7 = $238 doesn't sound so hot now huh?

[2Big4a3Series]

$85 bill divided by 200 mill is $425.

Ok.. I'm not crazy after all. For a moment I thought I was the only one that caught that error.

I could see this working if we spread out that 85b across 200,000 people. That would give you roughly 3800 people in each state, the District of Columbia and Puerto Rico. Then the rest can be divided up amongst the residents of our other territories but for the most part less than 1% of the population will have that extra quarter of a mil in the bank as to not upset the entire economy.

[Farbin Kaiber]

I <3 u Lance.

[ldsbeaker]

So, we're pretty much done here, huh?
Right.
Farbin, I was just talking shit as well.
I was talking about the $700B bailout with someone at work and suggested something VERY similar, maybe the American Mortgage holders should get it. I think there's only 51 million of us. (Wild ass guess/something I heard on the radio) Then my friend looked up the total mortgage debt in the US.
$16.xx TRILLION.

I don't know what the fuck $700B is going to do, besides line some insiders' pockets.
I'm jealous.

[equate975]

Then the unemployment rate would go through the roof becasue everyone has a quarter of a mil in the bank and feels like they would not need to work. It would dilute the value of the dollar even more becasue everyone has a ton of money, so buying something for $10 doesn't mean anything to anyone.

I've got an even better idea. Don't bail these companies out. As they begin going bankrupt and going out of business investors will come in a buy knowing they will make some nice returns in the long run. Everthing works out for everyone except for the people that made the poor investments in the first place. Now that is a real good idea that the government wont listen to.

x2 bailing companies like this out doesn't help anything, it makes it worse. What if I tell you that you can take $1,000 up to the casino, and if you lose it all, I'm going to pay you back. But if you win, you get to keep it all. You have nothing to lose, so theres no incentive to care at all, might as well make a huge risk for huge payoff because worst case you get re-reimbursed.

Also if everyone 18+ had 300k in the bank the american dollar would be worthless. It would just fuck shit up, then eventually a snickers bar is going to cost you $5,000 and offset how much money is in circulation.

Ever wonder why in 1920 you could buy a gallon of mild for 5 cents and now its $4? The value of the dollar keeps going down and down to compensate for the amount people make. Just keeping the % even.

[jflip2002]

ldsbeaker was correct. and the frog and yourself are fucking stupid, as is the OP and the guy he reposted for

/thread

[george graves]

Reminds me of this guy talking to verizon - $0.002 != 0.002 cents

http://verizonfails.ytmnd.com/

[TwoJ's]

Reminds me of this guy talking to verizon - $0.002 != 0.002 cents

http://verizonfails.ytmnd.com/

WOW! I can't believe those two people don't understand that.

[VacMan]

Really?

$85 billion to AIG. 200 Million "people over 18".
Break out your calculator, and tell me what you get.

edit: Now I know why computers count the change at McDonald's.

FWIW, once I read it I was going to correct the math but was beaten to it. Evidently that guy needs a calculator with over 10 places or the ability to break it down to 850/2.

[2Big4a3Series]

Everybody got so exited about the money that they didn't see the error.

[DarkWing6]

Reminds me of this guy talking to verizon - $0.002 != 0.002 cents

http://verizonfails.ytmnd.com/

This is great. I cannot believe I have not heard this before. I'm laughing so hard I am crying right now.

"Mam, do you recognize that there is a difference between a dollar and a penny?"

"Definitely"

"So do you understand that there is a difference between half a dollar and half a penny?"

"Definitely"

"Therefore, do you recognize that there is a difference between .002 dollars and .002 cents?"

"No"

"I'm teaching math here."

[george graves]

I think there is a longer version - I'll try to find it. My favorite part is when she says "well, obviously this is a matter of opinion"

Here is an (edit: about 40 mins) of the guy's pain - it gets funny. http://media.putfile.com/Verizon-Bad-Math

And a remix: http://media.putfile.com/VerizonMath...r-Dumb-Parrots

[jflip2002]

my dad used to own a fiat :stupid:


j/k I know what "fiat money" means...

... and 200 million Americans 18 and older? So 1 in 3 Americans are under 18? Maybe but I don't think its that many. I say it is more likey that there are 250 million 18+ (1 in 6 under 18, my estamite).

... so... 85 billion / 250 million = $340.
... but... 30% tax rate, so 340 x .7 = $238 doesn't sound so hot now huh?

I think many of us would rather have $10, than bail out this company with their piece of shit overpaid executives and GMs.

[Pinepig]

oh, and pwnt.

85,000,000,000/200,000,000 = $425

Have fun!

I was wondering when someone was going to point that out.

[Ray Smoodiver]

I've got an even better idea. Don't bail these companies out. As they begin going bankrupt and going out of business investors will come in a buy knowing they will make some nice returns in the long run. Everthing works out for everyone except for the people that made the poor investments in the first place. Now that is a real good idea that the government wont listen to.

Oh yea that's a real good idea. You realize that capitalism would fail if there was no bailout - ie: every single market in the world would collapse.