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How much is a billion dollars?

Discussion in 'General Discussion' started by Lori Mick, Dec 3, 2008.

  1. Lori Mick

    Lori Mick New Member

    Joined:
    Nov 7, 2008
    Messages:
    2,374
    Location:
    Stuck in Upstate NY for a while
    The next time you hear a politician use the
    word 'billion' in a casual manner, think about
    whether you want the 'politicians' spending
    YOUR tax money.


    A billion is a difficult number to comprehend,
    but one advertising agency did a good job of
    putting that figure into some perspective in
    one of it's releases.



    A. A billion seconds ago it was 1959.

    B. A billion minutes ago Jesus was alive.

    C. A billion hours ago our ancestors were

    living in the Stone Age.

    D. A billion days ago no-one walked on the earth on two feet.

    E. A billion dollars ago was only 8 hours and 20 minutes,

    at the rate our government is spending it.

    While this thought is still fresh in our brain...

    let's take a look at New Orleans ..

    It's amazing what you can learn with some simple division.



    Louisiana Senator,

    Mary Landrieu, is presently asking Congress for

    250 BILLION DOLLARS

    to rebuild New Orleans . Interesting number...

    what does it mean?



    A.

    Well. if you are one of the 484,674 residents of New Orleans

    (every man, woman, and child)

    you each get $516,528.



    B.

    Or.. if you have one of the 188,251 homes in

    New Orleans , your home gets $1,329,787.



    C.

    Or.. if you are a family of four...

    your family gets $2,066,012.



    Washington, D. C
    < HELLO! >

    Are all your calculators broken??



    Accounts Receivable Tax

    Building Permit Tax

    CDL License Tax

    Cigarette Tax

    Corporate Income Tax

    Dog License Tax

    Federal Income Tax

    Federal Unemployment Tax (FUTA)

    Fishing License Ta x

    Food License Tax

    Fuel Permit Tax

    Gasoline Tax

    Hunting License Tax

    Inheritance Tax

    Inventory Tax

    IRS Interest Charges (tax on top of tax)

    IRS Penalties (tax on top of tax)

    Liquor Tax

    Luxury Tax

    Marriage License Tax

    Medicare Tax

    Property Tax

    Real Estate Tax

    Service charge taxes

    Social Security Tax

    Road Usage Tax (Truckers)

    Sales Taxes

    Recreational Vehicle Tax

    School Tax

    State Income Tax

    State Unemployment Tax (SUTA)

    Telephone Federal Excise Tax

    Telephone Federal Universal Servi ce Fee Tax

    Telephone Federal, State and Local Surcharge Tax

    Telephone Minimum Usage Su rcharge Tax

    Telephone Recurring and Non-recurring Charges Tax

    Telephone State and Local Tax

    Telephone Usage Charge Tax

    Utility Tax

    Vehicle License Registration Tax

    Vehicle Sales Tax

    Watercraft Registration Tax

    Well Permit Tax

    Workers Compensation Tax


    Not one of these taxes existed 100 years ago...

    and our nation was the most prosperous in the world.



    We had absolutely no national debt...

    We had the largest middle class in the world...

    and Mom stayed home to raise the kids.



    What happened?

    Can you spell 'politicians!'



    And I still have to

    press '1'

    for English.



    What the heck happened?????
  2. Marlin T

    Marlin T Active Member

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    7,897
    Location:
    New Mexico
    How many 3000 sqaure feet houses with a standard 8 foot ceiling would it take to contain a billion dollars?
  3. Jim White

    Jim White New Member

    Joined:
    Nov 8, 2008
    Messages:
    100
    Location:
    Monroe County, New York
    The Louisiana senator wants $250 billion? No problem. Hold on. It will take just a few minutes to warm up the printing press.
  4. artabr

    artabr New Member

    Joined:
    Mar 3, 2008
    Messages:
    7,859
    Location:
    New Iberia, Louisiana
    Do you know that the losers in New Orleans are still sitting on their butt's with their hands out.
    We tried to vote her out but greed won out. :mad:

    Art
  5. "A billion here, a billion there, and pretty soon you're talking about real money." :D;)

    --Everett McKinley Dirksen (1896-1969, Republican Senator from Illinois)
  6. muddober

    muddober Active Member

    Joined:
    Sep 19, 2008
    Messages:
    1,447
    One billion dollars is a stack of hundreds about a mile high. If you were born on the same day as Jesus Christ and were handed a billion dollars spending it at a rate of thousand dollars a day since then you would still have over 800 years to go. The scary one to me is that the entire annual budget for the USA in 1957 was only 80 billion dollars and today those idiots in congress want to give away 10 times that amount not including the One+Trillion dollar annual budget they are overdrawing (deficit spending) by another 600 billion each and every year. When Regan took office he said in a speech that the actuary (real) debt of the nation was about 12 Trillion dollars. That divided by 300 million people = $40,000.00 for every man woman and child. That was back then and God only knows where it is at today. So the next time you see a welfare recipient pushing a stroller with 4 or 5 kids trailing behind reach deep into your pocket because it is you with a job or property who is going to have to make up the difference for them. Obama was not kidding when he was talking a redistribution of wealth. The problem is that most people think is that it is only the wealthy he going to take from and I believe that if you have a home, a car, a few bucks in a 401 K and a couple of guns by his criteria you are far too wealthy.
  7. armedandsafe

    armedandsafe Guest

    According to IRS publications, there were approximately (rounded) 220,000,000 (220 million) tax returns filed by individuals in 2007.

    They have a bailout of $750,000,000,000 going to "butress" and "invigorate" the economy.

    So,if we lop off the 6 zeros on the 220 figure and 6 zeros on the bailout number, we have numbers which will fit into my calculator. $750,000 divided by 220 comes to $3,409.09 which could be sent to everybody who filed a tax return in 2007.

    Hmmmm Ya think maybe that might "butress" and "invigorate" the economy?

    http://www.jimloy.com/math/billion.htm

    Pops
    Last edited by a moderator: Dec 4, 2008
  8. Lori Mick

    Lori Mick New Member

    Joined:
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    2,374
    Location:
    Stuck in Upstate NY for a while
    It's a great theory and it would probably work too....but if they did that, then those AIG dudes would never have gotten their $400000 spa party and the wooden arrows and rum dudes would be chit outta luck....

    I was at a meeting last night and the main speaker was an economist - he said he has spent weeks trying to figure out the whole bail out theory since bailing out the mortgages and banks is no where near the numbers that the government gave away.... basically he said the numbers make no sense....

    in a couple of years we'll all get billed that $3,409 to help them pay back the bail out....won't that be just wonderful....arghhh....pooey :mad:
    Last edited: Dec 4, 2008
  9. RCGUIDRY

    RCGUIDRY New Member

    Joined:
    Dec 1, 2008
    Messages:
    79
    Location:
    Southeast Texas
    Who's gonna bail me out? Hey if you cant manage you look for new work. If you manage your company into the dirt, you shovel it by yourself! The problem with the big three auto makers is that they have been in bed with the idiots in washington so long they dont have a clue about free enterprise any more.
  10. muddober

    muddober Active Member

    Joined:
    Sep 19, 2008
    Messages:
    1,447
    That makes far more sense to me than giving the car companies money; for what because of slow sales? What does bailing out the big three have to do with increasing sales? Nada f****** thing...
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