The national debt stands at 12.6 trillion(plus interest)give or take.
The deficit for fiscal year 2010 is estimated to be just under $2,000,000,000,000 (yep, that's trillions, folks.
300,000,000 citizen plus corporations will take on this national debt, IN ADDITION to their own private debts.
If only the citizens took on this debt (plus interest) than we are all individually on the hook for some 6,666.00 (plus interest) so that if it was payable even in the next two to three years, something like 10,000 dollars per citizen, just for this years' deficit.
To Pay the entire debt, well multiply by 6 and you will get somewhere between 45 and 60 thousand dollars per citizen, depending upon how long you think it will take to pay off the debt with interest. $60,000.00 for every grandmother, grandfather, child, mother, father, brother and sister. Many of these citizens do not have an income, so the burden is really taken on by taxpaying citizens and corporations. This is in addition to all personal debts for autos, homes, student loans, credit cards, etc...
As a country, we are close to bankruptcy, both personally and collectively. Any way you look at it the math sucks.
Monday, March 29, 2010
Saturday, March 27, 2010
x to the power of infinity
let's pretend we're a corporation, say the United States of Getoveronya.
First, we'll pump up the constituents...um, people...with fairy tales of providence, righteousness, fairness and dreams fulfilled, a surreal sociological perspective.
Second, we'll play rope-a-dope. Pumped up with their inflated sense of selves, the consumers--I mean, the people--will borrow, up to the "outer limits" of reason. We'll charge an exorbitant amount of interest to the people. Our interest will be way less than that of the consumer--oops, i mean the citizens--seductively so, so that the government itself will be lured into borrowing until way beyond the limits of reason.
At the same time, we--The United States of Getoveronya--will borrow our money with interest from the Private Fed Reserve bank of Nowhere-in-Particular, in a currency that is valued out of thin air.
This floating value then allows us to "game" the system, for as one value rises one may make bets on its' rise, and as it falls, we can bet on its' fall. Now, when we can "make" the values rise or fall by sundry manipulations, well, now we have something!
Monetary gain.
That's the name of the game. Every corporation is forced to look only at the short term gain of its' stockholders. It owes nobody else anything, save what taxes can be siphoned off back to the government of Getoveronya. The community, the public good, the long-term consequences of such anti-social acts as dumping and scamming are a distant second to the quest for the almighty? dollar.
A Bubble is an deliberate act of men who are greedy, and tuned only to their own interests. When a Bubble bursts, it has already made the Bubble Blowers wildly rich, and those that it bursts upon, it impoverishes.
What's scary is that there are men who do this for fun, and for their own gain to the detriment of everyone else. It's a power game, played with ruthless precision, alarming avarice and sickening disregard for the future of all mankind--if not outright maliciousness towards it.
Getoveronya
Interesting how free speech is easily trampeled and subverted by mistruths, inuendoes and lies.
First, we'll pump up the constituents...um, people...with fairy tales of providence, righteousness, fairness and dreams fulfilled, a surreal sociological perspective.
Second, we'll play rope-a-dope. Pumped up with their inflated sense of selves, the consumers--I mean, the people--will borrow, up to the "outer limits" of reason. We'll charge an exorbitant amount of interest to the people. Our interest will be way less than that of the consumer--oops, i mean the citizens--seductively so, so that the government itself will be lured into borrowing until way beyond the limits of reason.
At the same time, we--The United States of Getoveronya--will borrow our money with interest from the Private Fed Reserve bank of Nowhere-in-Particular, in a currency that is valued out of thin air.
This floating value then allows us to "game" the system, for as one value rises one may make bets on its' rise, and as it falls, we can bet on its' fall. Now, when we can "make" the values rise or fall by sundry manipulations, well, now we have something!
Monetary gain.
That's the name of the game. Every corporation is forced to look only at the short term gain of its' stockholders. It owes nobody else anything, save what taxes can be siphoned off back to the government of Getoveronya. The community, the public good, the long-term consequences of such anti-social acts as dumping and scamming are a distant second to the quest for the almighty? dollar.
A Bubble is an deliberate act of men who are greedy, and tuned only to their own interests. When a Bubble bursts, it has already made the Bubble Blowers wildly rich, and those that it bursts upon, it impoverishes.
What's scary is that there are men who do this for fun, and for their own gain to the detriment of everyone else. It's a power game, played with ruthless precision, alarming avarice and sickening disregard for the future of all mankind--if not outright maliciousness towards it.
Getoveronya
Interesting how free speech is easily trampeled and subverted by mistruths, inuendoes and lies.
Monday, March 15, 2010
How many drummers does it take
a trickle becomes a river, a drip becomes a deluge... al jones
tipping point
suppose you(earth) are floating through the solar system in an ever tightening ballet spin...
your rotation is quicker, your profile slighter....
is the crust not stressed, and fatigued?
earthquakes ensue...
tsunamis...
volcanoes ...
tipping point
suppose you(earth) are floating through the solar system in an ever tightening ballet spin...
your rotation is quicker, your profile slighter....
is the crust not stressed, and fatigued?
earthquakes ensue...
tsunamis...
volcanoes ...
Sunday, December 13, 2009
Between 2010 and 2012 lies only one year
Some speak of (thanks peter schiff) others speak of (thank you jesus)
2010 2012
ooouch, we forgot a year
look up 2011, on youtube, it seems to be the year of the car(alternative! kurt cobain alternative)
2011
2011
2011
2010 2012
ooouch, we forgot a year
look up 2011, on youtube, it seems to be the year of the car(alternative! kurt cobain alternative)
2011
2011
2011
Saturday, December 13, 2008
Give the people mud and dirt...to the UAW
Curses. The automakers were denied the relief they sought from the disasterous economy this week. In true Bush administration fashion, the unions(regular folk who seek an honest living so as to care for their families....the little guys)--that is labor-- were punished so that the rich could get richer.
The regulators insisted upon high accountability of the automakers, whereas the giveaway to the banks is largely unaccountable, obstensively because it would be too difficult to separate the public funds from the private ones.
And yet, the automakers were denied 14 billion dollars of desperately needed funds, where the banks were given 1500 billion dollars(ie 1.5 trillion). This includes funds that went to bail out Bear Stearns, AIG, etc...
Lets do the math.
The automakers were asking for funding that amounted to 1/107th of the amount already given to the banking industry, and were denied. Millions of jobs hinge upon the success of the auto industry when you consider parts suppliers, machinists, as well as employees of the Big 3. This was a political game that punished the unionized workers, and all Americans, with no regard to the economic fallout.
The banks were given 107 times as many BILLIONS of dollars of your tax money, and they gave us feeble excuses about why there can be no accountability as to where your tax dollars are being spent.
How ironic then, that the banks are largely responsible for the shortsighted policies that have created this crisis. Witness the housing bubble, the doubling of repayment schedules on credit cards over the past few years and the derivitives bubble. These, along with overseas outsourcing and speculative markets, have eliminated a million jobs already, gutted our economy and sent many into bankruptcy.
And while the auto companies are the victims of their own lack of innovation and high oil prices and loack of vision, they are also now being victimized by the greedheaded gutting of our economy that--due to the bankers actions--are slowing sales of new cars to a grinding halt.
Sources abound, and the bad news arrives daily. The bankers a rewarded for their malfeasance, while the workers are punished.
If only someone would recognize that ALL value that the bankers reap for themselves was created off of the backs and labors of the common man. Without them, there would be created nothing that is of value, and in them is all of this wealth created.
Curses.
The nazis are already in charge.
The regulators insisted upon high accountability of the automakers, whereas the giveaway to the banks is largely unaccountable, obstensively because it would be too difficult to separate the public funds from the private ones.
And yet, the automakers were denied 14 billion dollars of desperately needed funds, where the banks were given 1500 billion dollars(ie 1.5 trillion). This includes funds that went to bail out Bear Stearns, AIG, etc...
Lets do the math.
The automakers were asking for funding that amounted to 1/107th of the amount already given to the banking industry, and were denied. Millions of jobs hinge upon the success of the auto industry when you consider parts suppliers, machinists, as well as employees of the Big 3. This was a political game that punished the unionized workers, and all Americans, with no regard to the economic fallout.
The banks were given 107 times as many BILLIONS of dollars of your tax money, and they gave us feeble excuses about why there can be no accountability as to where your tax dollars are being spent.
How ironic then, that the banks are largely responsible for the shortsighted policies that have created this crisis. Witness the housing bubble, the doubling of repayment schedules on credit cards over the past few years and the derivitives bubble. These, along with overseas outsourcing and speculative markets, have eliminated a million jobs already, gutted our economy and sent many into bankruptcy.
And while the auto companies are the victims of their own lack of innovation and high oil prices and loack of vision, they are also now being victimized by the greedheaded gutting of our economy that--due to the bankers actions--are slowing sales of new cars to a grinding halt.
Sources abound, and the bad news arrives daily. The bankers a rewarded for their malfeasance, while the workers are punished.
If only someone would recognize that ALL value that the bankers reap for themselves was created off of the backs and labors of the common man. Without them, there would be created nothing that is of value, and in them is all of this wealth created.
Curses.
The nazis are already in charge.
Saturday, December 22, 2007
6 Billion People
6,000,000,000 (billion) is 6000 millions.
OR
6 million thousands.
UM football stadium holds 100,000 people(and then some). It is the largest college football stadium in the country.
The people of the world could fill the stadium 60,000 times.
Oddly, the land area of the world turns out to be just short of 60 million Square MILES, not all of it habitable, as is the case with Antartica, and the peaks of very tall mountains. Nevertheless, that translates to an average of 100 people per square mile. Taking more realistic numbers, Antartica out of the equation, a wild quess of twenty percent of the rest as uninhabitable, gives a figure of roughly 140 people per square mile. Each of us could, theoretically have the 199,131 square feet of space, or a spread that was 446 feet by 446 feet, about a football field and a half on a side. Hmmm.
OR
6 million thousands.
UM football stadium holds 100,000 people(and then some). It is the largest college football stadium in the country.
The people of the world could fill the stadium 60,000 times.
Oddly, the land area of the world turns out to be just short of 60 million Square MILES, not all of it habitable, as is the case with Antartica, and the peaks of very tall mountains. Nevertheless, that translates to an average of 100 people per square mile. Taking more realistic numbers, Antartica out of the equation, a wild quess of twenty percent of the rest as uninhabitable, gives a figure of roughly 140 people per square mile. Each of us could, theoretically have the 199,131 square feet of space, or a spread that was 446 feet by 446 feet, about a football field and a half on a side. Hmmm.
Sunday, July 29, 2007
What Cost A War?
1.2 Trillion
Huh?
1.2 Trillion dollars. That is how much the Iraq war is now projected to cost (eventually). Half of that has already been spent...er...borrowed... at interest. Trust me, the projections to this point are already twice as large as when the president proposed a war on Iraq.
Bargain, huh?
Follow the money, they always say, and now we shall.
First.
How much money is 1.2 Trillion Dollars U.S.
Lets Break it down.
$1,200,000,000,000
There are approximately 300 million of us in this country.
That is
$1,200,000,000,000 (dollars) divided by
300,000,000 (Americans)
$4,000 per American is the tab we must pay for just this war!
There are approximately 6 Billion individuals alive in the world today.
If each paid a portion of this war, every person alive would owe $200 for the "cause". Appalling.
However, this figure is on the low end, because if we accept the CSM figure, it is really going to be at or above
$2 trillion or $6,666.67 per American.
For a typical hourly full time
50 weeks a year of work times 40 hours a week is a 2,000 hour work year
worker in America, this would be about $3.33 for every hour that you work in the work year (taking NO overtime as a baseline, since you can be denied overtime pay anyway these days). As you work this week, imaging if part of your pay --and that of everybody else working in every town in every state-- all day every day all of this year-- is being molded into bombs to drop on well tanned people.
Don't forget that every baby crawling around on the floor, every senior crouched over their cane, every bum in the gutter, every student, and every politician also owes $18.25 per day (if we were to pay for it all in one year) even on Sundays, and on Christmas.
Huh?
1.2 Trillion dollars. That is how much the Iraq war is now projected to cost (eventually). Half of that has already been spent...er...borrowed... at interest. Trust me, the projections to this point are already twice as large as when the president proposed a war on Iraq.
Bargain, huh?
Follow the money, they always say, and now we shall.
First.
How much money is 1.2 Trillion Dollars U.S.
Lets Break it down.
$1,200,000,000,000
There are approximately 300 million of us in this country.
That is
$1,200,000,000,000 (dollars) divided by
300,000,000 (Americans)
$4,000 per American is the tab we must pay for just this war!
There are approximately 6 Billion individuals alive in the world today.
If each paid a portion of this war, every person alive would owe $200 for the "cause". Appalling.
However, this figure is on the low end, because if we accept the CSM figure, it is really going to be at or above
$2 trillion or $6,666.67 per American.
For a typical hourly full time
50 weeks a year of work times 40 hours a week is a 2,000 hour work year
worker in America, this would be about $3.33 for every hour that you work in the work year (taking NO overtime as a baseline, since you can be denied overtime pay anyway these days). As you work this week, imaging if part of your pay --and that of everybody else working in every town in every state-- all day every day all of this year-- is being molded into bombs to drop on well tanned people.
Don't forget that every baby crawling around on the floor, every senior crouched over their cane, every bum in the gutter, every student, and every politician also owes $18.25 per day (if we were to pay for it all in one year) even on Sundays, and on Christmas.
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