Well? How much?
2,800,000,000,000 gumballs at 25 cents. Enough so that everyone in the world could have about 450.
Speak for yourself. That's more than a month's salary for me as an adjunct professor. I'm not thrilled to be essentially held hostage in this manner: bail us out or we all get the Second Depression is something that one of my villains might say, frankly.
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ditto. Im fairly upset over this. Far as Im concerned, all those CEO's/COO's/CFO's of those companies should have reached into there pockets/severence packages/stock options/401K's et al...and bailed themselves out...I wonder If I get in a financial bind If Im allowed to go to congress and put my hand out?
Hell no
so why should we be paying for them.
You can bet this will influence how Ill be voting now and for the future as far as I can see. Anyone who said yes gets shut down.
Despite all the hoopla, not that much in the grand scheme. :-(
$2,324.50 for each person (citizen or not, from newborn to Centenarian) currently living in America.
or £6,513.76 for the same in the UK.
In the end, not that much.
However, if you consider the percentage of that number that not only live in America, but also pay taxes, the burden on the individual taxpayer is much, much higher.
Though you might be right; perhaps it really isn't that much money. There's actually an easy solution for getting it. All we need to do is clone Alex Rodriguez 2499 times, pay each A-Rod his usual $28 million dollar annual salary, and we'll make back the whole bailout debt in just one fiscal year...
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Despite all the hoopla, not that much in the grand scheme. :-(
$2,324.50 for each person (citizen or not, from newborn to Centenarian) currently living in America.
or £6,513.76 for the same in the UK.
In the end, not that much.
However, if you consider the percentage of that number that not only live in America, but also pay taxes, the burden on the individual taxpayer is much, much higher.
Though you might be right; perhaps it really isn't that much money. There's actually an easy solution for getting it. All we need to do is clone Alex Rodriguez 2499 times, pay each A-Rod his usual $28 million dollar annual salary, and we'll make back the whole bailout debt in just one fiscal year...
There are a lot of people who don't pay taxes, like children, of course; and criminals (like corporations and Montana militiamen), not to mention the millions of illegals.
For each individual tax payer in 2007, citizen and not, it's $5,072.46, a much less-cool figure, and not accounting for brackets. :-(
By-the-by, I was being facetious--it's an amazing amount of money, even for the US. I'm absolutely, positively 100% opposed to the Bailout. I believe it's a bad idea, and I don't believe it will have the desired effect. In fact, I'm pretty sure it's not going to work, long-run.
The National Budget doesn't quite work this way, but it's still interesting to note that the IRS only took in $2.3 trillion dollars in individual income tax last year. This bailout is almost a third of that take. That's like the average salaried person spending four months pay all at once.
350,000,000,000 Wall Street Journals
3,500,000 Toyota Priuses
an Infinite amount of free carboard.
bigger than 600 Billion
Enough to build oodles of schools across the nation.
Enough to rot the teeth of millions with candy on Halloween.
Over 9000!
Higher!
Bill Gates * 14
How much is 700 Billion?
The tip of the iceberg.
I don't live in the states, but I'm against any form of public funds used to help private companies. If the three biggest companies in the car industry crashes, then they just should crash. Other more innovative companies, with less greedy CEOs will take their place. Maybe even bring make the fully-electric car available for everyone.
Think about it, YOUR money will not help those companies. It'll just go directly into the pockets of the head honchos who will NEVER reduce their own salaries, and will always prefer cutting the regular hard-working staff.
And now to the subject at hand... How much is 700 billion?
Enough to run ANY OTHER COUNTRY for a year.
Ultradan
Enough to fund over 700 mass transit system overhauls and initiatives across the country.
A bunch. Maybe a google.