Aces High Bulletin Board

General Forums => The O' Club => Topic started by: 1pLUs44 on September 29, 2008, 04:40:53 PM

Title: 700 Billion plan doesn't pass...
Post by: 1pLUs44 on September 29, 2008, 04:40:53 PM
And as soon as it doesn't pass, Nancy Pelosi sends all the blame to the Republicans. When 1/3 of the democrats didn't even vote for it. :rolleyes:

This is getting more and more sad.

Here's an estimate that I found out about this 700 Billion dollar fail out plan.... It was gonna pay the companies for all they lost. But, that's so much money, they could give everyone over 18 in America about 5 MILLION dollars, and if they included people under 18, it would be about 3.2 MILLION dollars...

Seems a bit to the extreme doesn't it? Not needed IMO, and ACORN would be the first to benefit. WHY would we want a voter fraud organization to benefit?



Edit: Wow, my math skillz are AWFUL. But, I'm keeping my awful math skillz up front. My mistake :salute.

Title: Re: 700 Billion plan doesn't pass...
Post by: DYNAMITE on September 29, 2008, 04:53:59 PM
Your math is off...

it would be about $2300 per person... not 3.2 million per person.  That's what happens when you post spam though

Title: Re: 700 Billion plan doesn't pass...
Post by: 2bighorn on September 29, 2008, 04:54:33 PM
Your math makes people richer (or poorer in case of Dynamite math). My math gives only $2,300 per capita or about $1,300 per tax payer...

Edited to add Dynamite's math...
Title: Re: 700 Billion plan doesn't pass...
Post by: DYNAMITE on September 29, 2008, 04:57:04 PM
Big- you're right... I forgot to carry a zero or two hehehe
Title: Re: 700 Billion plan doesn't pass...
Post by: 2bighorn on September 29, 2008, 04:58:18 PM
Big- you're right... I forgot to carry a zero or two hehehe

hehe, I wouldn't mind 3.2 millions tho, especially if financed by 1pLUs44
Title: Re: 700 Billion plan doesn't pass...
Post by: eagl on September 29, 2008, 04:58:40 PM
Your math makes people richer (or poorer in case of Dynamite math). My math gives only $2,300 per capita or about $1,300 per tax payer...

Edited to add Dynamite's math...

There are more taxpayers than there are people?  (not sure how it's more per capita than it is per taxpayer, unless there are more taxpayers than there are people?)
Title: Re: 700 Billion plan doesn't pass...
Post by: 2bighorn on September 29, 2008, 05:03:15 PM
There are more taxpayers than there are people?  (not sure how it's more per capita than it is per taxpayer, unless there are more taxpayers than there are people?)
You're right. fat fingers, 3,100 instead of 1,300
Title: Re: 700 Billion plan doesn't pass...
Post by: Bosco123 on September 29, 2008, 05:30:05 PM
Aside from math, that was a total "IN PELOSI'S FACE" thing after what she said about the Bush administration and the republicans as a whole.
Title: Re: 700 Billion plan doesn't pass...
Post by: Mr No Name on September 29, 2008, 05:33:45 PM
She was making sound bytes for an osamabama and congressional campaign commercial, i am sure...
Title: Re: 700 Billion plan doesn't pass...
Post by: 1pLUs44 on September 29, 2008, 05:34:14 PM
Woa, you're right. Sorry about that :lol

I always was bad at math (Only class I'm failing :( Everything else, A's :lol )
Title: Re: 700 Billion plan doesn't pass...
Post by: john9001 on September 29, 2008, 05:50:15 PM
the democrats have the majority in the house, they should have been able to pass the bill without the republicans, 93 democrats voted against the bill.
Title: Re: 700 Billion plan doesn't pass...
Post by: BTW on September 29, 2008, 06:28:33 PM
And as soon as it doesn't pass, Nancy Pelosi sends all the blame to the Republicans. When 1/3 of the democrats didn't even vote for it. :rolleyes:

This is getting more and more sad.

Here's an estimate that I found out about this 700 Billion dollar fail out plan.... It was gonna pay the companies for all they lost. But, that's so much money, they could give everyone over 18 in America about 5 MILLION dollars, and if they included people under 18, it would be about 3.2 MILLION dollars...

Seems a bit to the extreme doesn't it? Not needed IMO, and ACORN would be the first to benefit. WHY would we want a voter fraud organization to benefit?



Edit: Wow, my math skillz are AWFUL. But, I'm keeping my awful math skillz up front. My mistake :salute.



Here's the facts. About 140 million tax returns are filed each year. Of those 140 million, 44 million pay zero or negative tax. That leaves about 96 million actual tax paying entities to pay for that 700 billion. So it you rough out the math, it works out to a little over $7,000 per tax paying return filed in this country each year.

The average fraud amount for a case of identity theft is about $6,300.
Of that, the average victim is only responsible for about 7% of that amount or about $420.
We are hyper vigilant preventing identity theft. Yet it might be your congressman the robs you for for about 15 times what an identity thief would get from you!

You gota love math.
Title: Re: 700 Billion plan doesn't pass...
Post by: Ack-Ack on September 29, 2008, 06:56:43 PM
Don't worry guys, Krusty should be here in a few and using his advanced 4+4=10 mathematical formula will provide us the correct figures.

We will then be able to verify the figures Krusty gives us by comparing them using Gunman26's mathematical 26+26=42 formula.



ack-ack
Title: Re: 700 Billion plan doesn't pass...
Post by: Elfie on September 29, 2008, 06:58:46 PM
Don't worry guys, Krusty should be here in a few and using his advanced 4+4=10 mathematical formula will provide us the correct figures.

We will then be able to verify the figures Krusty gives us by comparing them using Gunman26's mathematical 26+26=42 formula.



ack-ack

 :rofl
Title: Re: 700 Billion plan doesn't pass...
Post by: Masherbrum on September 29, 2008, 07:09:21 PM
Don't worry guys, Krusty should be here in a few and using his advanced 4+4=10 mathematical formula will provide us the correct figures.

We will then be able to verify the figures Krusty gives us by comparing them using Gunman26's mathematical 26+26=42 formula.



ack-ack

Winnah Winnah Chicken Dinnah!!!
Title: Re: 700 Billion plan doesn't pass...
Post by: Nwbie on September 29, 2008, 11:35:09 PM
History of bailouts

http://www.propublica.org/special/government-bailouts/

http://www.propublica.org/special/bailout-aftermaths

And even more eye opening   http://www.nytimes.com/2008/09/22/business/22lobby.html?_r=1&oref=slogin


"Other firms hope to be hired to manage the assets that Treasury acquires, a job that could earn them $1 billion a year, even if they charged fees that were modest by industry standards. Among them are the asset management companies Pimco and BlackRock. Morgan Stanley, the investment bank, is also vying for the work.

Some private equity firms, including the Blackstone Group, may be interested in pursuing an asset-management assignment from the government, people briefed on the matter said. Such firms have already expressed interest in buying up distressed debts after having bet against them early last year.

That raises complications because those firms hold assets similar to the ones the Treasury plans to buy. Democrats suggested on Sunday that a provision be added to avoid any conflicts of interest, with a firm making money from handling assets like its own. "