Economic Bail-Out

[JaimeLynne]

Quote:

Originally Posted by LC_Rachel Birk for President!

I second the nomination!

Geez, I could kiss that guy! (I'm sure FI wouldn't mind if we each got all that money... right??! HAHAHHA)

[JaimeLynne]

Doh! Ok so I sent this out and 2 of my mathematically inclined friends just totally ruined my fantasy of being able to pay off the wedding and live in economic bliss...

 

Quote:

Except for the fact that the math is a wee bit off   $85,000,000,000 in AIG bailout cash divided by 200,000,000 bon-a-fide U.S. Citizens who are 18+ = $425.00 per bon-a-fide   Taxed at 30% = $127.50   Remainder = $297.50   What would I do with my vast fortune of $297.50, you ask?   Buy exactly one Starbucks venti triple pump mocha-chino caramel double whip frappe (which I think costs $297.50) to cry into while I watch the value my 401K, Roth IRA and any stocks I have undergo "shrinkage" more extreme than anything George experienced in "The Hamptons" episode of Seinfeld.   All in fun,   C.   P.S. I would consider pooling my "fortune" with others, so as to buy enough C4 to blow up Treasury Secretary Henry "Oversight? We don' need no stinkin' oversight" Paulson.

[jajajaja]

haha Jaime. Your friend is right. I just checked the math on the calculator.

 

 

Impeach Birk!

[Amarillis]

Your friend "C" is hilarious.

 

Darn right correct... and HILARIOUS!

[JaimeLynne]

Also from "C." :

 

Quote:

On the irony side, as my friend Dan pointed out, Birkenmeier may have used the same accounting techniques as the "geniuses" on Wall Street.   C

[ErinB]

Glad you guys caught the error.

 

I was just posting to say that this guy was as bad at math as I am!

 

Thank goodness for calculators!

[JaimeLynne]

LOL I feel stupid now cause I sent it out to everyone on my email list (incl. FMIL! Doh!) and posted it on myspace! HA!

[lambert13]

The whole equation was wrong from the start. The bailout is for about 700,000,000,000 dollars. Divide that by 200,000,000 and you get 3,500 each.

 

Still not bad, but not enough to make a windfall of a difference.

 

Has anyone else seen an AIG commercial since this whole debacle started and gotten really pissed?

 

So, they still want us to buy insurance and whatnot through them even though they are in the shitter. Lets take it a step further.

 

-My paycheck is taxed.

-AIG wants some of my post-tax income for their failing product.

-While they still get some of my tax money from Uncle Sam.

-So, whether or not I buy their shitty product, they are getting my money regardless

[trance_angelx0x]

Should just let those companies die out.

 

Yay for Canada!

[A10CalGal]

Whew, what a rollercoater this thread was! At first I'm like yes! This guy is a genious! And then I ran the numbers and got sad.