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Discussions about the economic and financial ramifications of PEAK OIL

Re: 87,000 "Big Company" job losses already announ

Unread postby Madpaddy » Mon 19 Jan 2009, 14:36:30

For 800 billion, you could give every unemployed person about $150,000 and tell them all to fxxk off.
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Re: 87,000

Unread postby TreeFarmer » Mon 19 Jan 2009, 16:23:09

Some quick calculations: 800 billion dollars divided by, roughly 310 million US citizens gives $2,580 per citizen or over 10k per family.
Why not just send it to us? We are the ones who are going to get stuck with the bill.
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Re: 87,000 "Big Company" job losses already announ

Unread postby bratticus » Mon 19 Jan 2009, 16:35:52

Madpaddy wrote:For 800 billion, you could give every unemployed person about $150,000 and tell them all to fxxk off.


For nothing you could promise them $1,000,000 and then get a new name and plastic surgery.
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Re: 87,000 "Big Company" job losses already announ

Unread postby dukey » Mon 19 Jan 2009, 19:03:57

why not just print money Zimbabwe style ? :D
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Re: 87,000 "Big Company" job losses already announ

Unread postby Heineken » Mon 19 Jan 2009, 20:42:33

dukey wrote:why not just print money Zimbabwe style ? :D


That's exactly what we're DOING!
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Re: 87,000 "Big Company" job losses already announ

Unread postby eastbay » Mon 19 Jan 2009, 21:01:17

Heineken wrote:
dukey wrote:why not just print money Zimbabwe style ? :D


That's exactly what we're DOING!



It's just now getting underway in a BIG way. Uncle Sam is now performing an historically unprecedented spending spree all with non-existent money. In borrowed (printed) money we recently have:

$.2 billion in borrowed money for the inauguration.

$100's of billions in bank bailouts.

$10's of billions in manufacturing bailouts.

$100's of billions of state bailouts pending.

$.5 trillion/yr for wars. Minimum of four more years.

$100's of billions/yr in make-work projects proposed.
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Everything is Impermanent. Shakyamuni Buddha
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Re: 87,000 "Big Company" job losses already announ

Unread postby Heineken » Mon 19 Jan 2009, 21:21:14

As the sane doctor says at the end of that incredible movie "The Bridge on the River Kwai":

MADNESS

MADNESS
"Actually, humans died out long ago."
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