Free Republic

The longterm U.S. debt under President Obama’s latest spending plan is far worse than his budget suggests, reaching a total of about $84 trillion – that is, 8.4 percent of a quadrillion dollars, or $0.084 quadrillion. Yes, it’s time to start using the quadrillion number, because with trillions getting added to the debt at an accelerating pace, the numbers are starting to become meaningless again unless put in the proper perspective. The Obama budget forecasts a startling federal debt of just over $25 trillion. But that’s only the beginning of the frightening story of the government’s longterm obligations. Over future...

It would cost $852 quadrillion dollars to build a real Death Star That's 852 with 15 zeros following it. I know, that figure is insane. You know what that means. It means Emperor Palpatine and Darth Vader were rolling in the money like filthy rich rappers. I guess ruling the Galactic Empire isn't so terrible when you're ballin'. Finally putting some questions to rest, the smart folk over at Centives calculated how much iron it would take to build the planet-destroying space station and even figured out how long it would take to build. Here's the reality-check breakdown: • Based...

Sarah Palin, that reputed Republican rebel who's supposed to be at odds with the national party, swung through California this past weekend to rouse Republicans at a Republican National Committee rally in Anaheim... ...(at the rally) Palin said, please, nobody should tell the Democratic president what number comes after a trillion. (It's quadrillion.) Obama will bring Air Force One back to California later this month to help incumbent Sen. Barbara Boxer against Republican Carly Fiorina -- and drop into Nevada again to do the same for embattled Harry Reid vs the GOP's Sharron Angle. Read the entire column from the LA Times here ---------------------------------------------------- This shows...

A Las Vegas man has filed a $38 quadrillion complaint against an Alpine attorney. John Theodore Anderson, also known as John-Theodore:Anderson in his filings, claims attorneys Douglas Shumway, Benjamin Schramm and Michael Van fraudulently served him with a lawsuit, according to court records. The dispute stems from a complaint Anderson originally filed against clients of the law firm of Shumway, Van and Hansen for $918 billion. Shumway said his client, Private Capital Group et al, came into possession of mining property in Southern Utah recently after the original owner of the mine defaulted on a loan. The capital group then...

One of the biggest risks to the world's financial health is the $1.2 quadrillion derivatives market. It's complex, it's unregulated, and it ought to be of concern to world leaders that its notional value is 20 times the size of the world economy. But traders rule the roost -- and as much as risk managers and regulators might want to limit that risk, they lack the power or knowledge to do so. A quadrillion is a big number: 1,000 times a trillion. Yet according to one of the world's leading derivatives experts, Paul Wilmott, who holds a doctorate in applied...

MANCHESTER, N.H. - A New Hampshire man says he swiped his debit card at a gas station to buy a pack of cigarettes and was charged over 23 quadrillion dollars. Josh Muszynski (Moo-SIN'-ski) checked his account online a few hours later and saw the 17-digit number , a stunning $23,148,855,308,184,500 (twenty-three quadrillion, one hundred forty-eight trillion, eight hundred fifty-five billion, three hundred eight million, one hundred eighty-four thousand, five hundred dollars). Muszynski says he spent two hours on the phone with Bank of America trying to sort out the string of numbers and the $15 overdraft fee.

What’s bigger than a trillion, a number so large it would take several lifetimes to count to it? Well, a quadrillion is a thousand trillion. It may be time to worry that President Obama’s spending spree will introduce us to the word “quadrillion.” This year alone we’ve been asked to pay for stimulus, the bailouts, Health Care Reform, Climate Change and proposals to exact massive new taxes. The next round of Tea Parties (scheduled for Independence Day) should focus attention on the threat the federal government may end up taking control of what’s left of the private sector of the...

How much is 1 trillion dollars? A stack of one trillion one-dollar bills would reach 68,000 miles in space. If you spent $1 million dollars a day from the day Jesus was born until now, you would only have spent about three quarters of a trillion. If you laid one trillion one-dollar bills end to end, it would make a chain from the earth to the moon 200 times. One trillion dollars would stretch nearly from the earth to the sun. It would take a jet flying at the speed of sound, reeling out a roll of dollar bills behind it, four...

The Obama administration economic stimulus package is going to force the Treasury to borrow approximately $2.5 trillion in 2009 and another $4 trillion in 2010, with the result of increasing the current $10 trillion national debt by 65 percent in just two years. If the Obama administration increases the national debt by 65 percent every two years, the debt will be $16.5 trillion in 2010 and $27.225 trillion by 2012, the year of the next presidential election. To answer the question of how big a problem borrowing $6.5 trillion will be over the next two years, consider the fact that...

GOODBYE, AMERICA! IT WAS FUN WHILE IT LASTEDFebruary 11, 2009It's bad enough when illiterate jurors issue damages awards in the billions of dollars because they don't grasp the difference between a million and a billion. Now it turns out the Democrats don't know the difference between a million and a trillion. Why not make the "stimulus bill" a kazillion dollars? All Americans who work for a living, or who plan to work for a living sometime in the next century, are about to be stuck with a trillion-dollar bill to fund yet more oppressive government bureaucracies. Or as I call...

This single statistic has boggled my mind because it puts into perspective the enormous size of the derivatives bubble. DK Matai, chairman of the ACTA Open in his article The Invisible One Quadrillion Dollar Equation — Asymmetric Leverage and Systemic Risk writes: According to various distinguished sources including the Bank for International Settlements (BIS) in Basel, Switzerland — the central bankers’ bank — the amount of outstanding derivatives worldwide as of December 2007 crossed USD 1.144 Quadrillion, ie, USD 1,144 Trillion. The population of the whole planet is about 6 billion people. So the derivatives market alone represents about USD...

Another Katrina Lawsuit!

How King of New York took battle to the Great Polariser Graydon Carter is one of the biggest names in US magazines. Now Vanity Fair's editor is gunning for George Bush Joanna Walters in New York Sunday December 7, 2003 The Observer He has been hailed as the King Of New York. With his charming manners and ability to make or break celebrities, Graydon Carter is to the magazine world what Jay Leno is to the American talk show - powerbroker to the formerly, currently and would-be famous. Carter, the editor of Vanity Fair, was portrayed by some as a...