Posted on 09/26/2008 10:30:31 AM PDT by Revel
It is $700b (at least the “bail out” they’re currently talking about). Somebody was probably drunk or stoned when they fired off this email.
I’m agreeing with you. The numbers look very clear to me.
Another though I have is these people just passed legislation a little while back to give everyone $600 or less. And they know that it cost 150 billion to do it. So how can they not question this?
OK...I thought I was missing something for a moment there :)
$85,000,000,000 divided by 200,000,000 equals $425.
Slightly different than $425,000....
Cheers,
MK
LOL!! And the FReeper who posted that e-mail without checking its math has sworn to never post again before he's had his coffee! '-}
LOL!! And the FReeper who posted that e-mail without checking its math has sworn to never post again before he's had his coffee! '-}
I read this am that some were speculating McCain might be working on a plan to do this with private investment. I was trying to work the numbers and see if that was even realistic. So, it looks like you’d need 2 million homeowners willing to add $40K to their mortgage. A little (okay, a LOT) less doable! But something tells me there’s something there to think about.
Oh thanks for letting me know that. I should have guessed...LOL
Senator Shelby has been citing the list of over 150 economists with PHD’s who don’t think this bailout will work, for his material. (He held it up on TV yesterday, and there is a statement on his website that mentions it). The democrats are citing DU. That is so funny!
NO ONE believe this would be looked at as a viable answer. This was sent as a joke!!!!!!!!!!!!!!!
However, it looks like it has been reviewed better than the Dummocrat proposal. WE KNOW VERY LITTLE about where OUR MONEY will be spent, AS USUAL.
Give me my $425,000 first.
Give me my $425,000 first.
This e-mail refers to the $85 billion Federal Reserve bailout of AIG - even tho’ it got it all wrong.
Not to be confused with the $200+ billion bailout of Fannie Mae and Freddie Mac.
Not to be confused with $700 billion bailout Bush, Paulson and the dimowit congresscritters are trying to sell us.
(best ballpark voice) Bailout programs, get your programs here, programs.
Private financing is brilliant! Sell bonds to finace this! Sell them at in $2000 lots and mak them mature in X years at the same time reinact the Glass-Steagall Act.
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