Thread: What is a billon?

For a Billion dollars the Britsh say "one thousand million dollars" in the Queen's dialect right? So, if we put one thousand small card tables in Yankee stadium, new or old Yankee stadium, (I like the Orioles better let us use Camden Yards), with one million dollars on each table then that is one billion dollars right?

So, help me out, how many tables with one million dollrs on each table to make one billion in either of three stadiums? I am confused?

If the bailout is 700 BN and our population is 300 million then how much for each head.

I can do basic math pretty well but these numbers stagger me like a drunk!

A friend just said that one trillon would mean one million small card tables in Yankee stadium with a millon dollars on each table. For a billion it was one thousand tables with a million on each. Got a headache yet? I am getting one! The whole world economy is said to be 12 trillion in value. These CPA''s gotta be good!

To be honest, I can't fathom those numbers.

I received the following in an e-mail from a friend and when I tried checking the math I don't get the same figures but then I've only handled that kind of money once in my life and I was dreaming then. Maybe some of you are in the accounting bussiness that can check this out.

> I'm against the $85,000,000,000.00 bailout of AIG.

> Instead, I'm in favor of giving $85,000,000,000 to America in

> a We Deserve It Dividend.

> To make the math simple, let's assume there are 200,000,000
> bonafide U.S. Citizens 18+.

> Our population is about 301,000,000 +/- counting every man, woman
> and child. So 200,000,000 might be a fair stab at adults 18 and up..
> So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
> My plan is to give $425,000 to every person 18+ as a
> We Deserve It Dividend.
> Of course, it would NOT be tax free.
> So let's assume a tax rate of 30%.
> Every individual 18+ has to pay $127,500.00 in taxes.
> That sends $25,500,000,000 right back to Uncle Sam.
> But it means that every adult 18+ has $297,500.00 in their pocket.
> A husband and wife has $595,000.00.
> What would you do with $297,500.00 to $595,000.00 in your family?

> Pay off your mortgage - housing crisis solved.
> Repay college loans - what a great boost to new grads
> Put away money for college - it'll be there
> Save in a bank - create money to loan to entrepreneurs.
> Buy a new car - create jobs
> Invest in the market - capital drives growth
> Pay for your parent's medical insurance - health care improves
> Enable Deadbeat Dads to come clean - or else
> Remember this is for every adult U S Citizen 18+ including the folks
> who lost their jobs at Lehman Brothers and every other company
> that is cutting back. And of course, for those serving in our Armed
> Forces.
> If we're going to re-distribute wealth let's really do it...instead of
> trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed
> by one of our candidates for President.

> If we're going to do an $85 billion bailout, let's bail out every adult U S
> Citizen 18+!

> As for AIG - liquidate it.
> Sell off its parts.
> Let American General go back to being American General.
> Sell off the real estate.
> Let the private sector bargain hunters cut it up and clean it up.
> Here's my rationale. We deserve it and AIG doesn't.
> Sure it's a crazy idea that can "never work."
> But can you imagine the Coast-To-Coast Block Party!
> How do you spell Economic Boom?
> I trust my fellow adult Americans to know how to use the $85 Billion
> We Deserve It Dividend more than I do the geniuses at AIG or in Washington
> DC.
And remember, The Birk plan only really costs $59.5 Billion because $25.5
> Billion is returned instantly in taxes to Uncle Sam.

> Ahhh...I feel so much better getting that off my chest.

vic.......now that's a plan. I trust the money in our pockets way more than them. That is as long as they do a freeze on prices......coz you KNOW some greedy sucker will decide a loaf of bread is worth 1000 bucks.

i know everyone has probably done the math, it's mind blowing when you see it in writing.

$700,000,000,000.00 divided by 300,000,000 = $233,333 from EVERY American and everyone counted in the last census. If the bail out goes through you better be saving your money.

The problem is every financial sector in the world right now is teetering. Remember if they GIVE us that money, we have borrowed that money from China or India or another country. We don't gold to back anything up.

Everything we spend right now is borrowed.

Originally Posted by Gogo

The problem is every financial sector in the world right now is teetering. Remember if they GIVE us that money, we have borrowed that money from China or India or another country. We don't gold to back anything up.

Everything we spend right now is borrowed.

everyone needs to tighten their belts!!!! when you buy something if it is foreign made you need to ask your self 'do i need it'. it is amazing what you can do without and still be happy.

Originally Posted by Lone_Patriot

Originally Posted by Gogo

The problem is every financial sector in the world right now is teetering. Remember if they GIVE us that money, we have borrowed that money from China or India or another country. We don't gold to back anything up.

Everything we spend right now is borrowed.

everyone needs to tighten their belts!!!! when you buy something if it is foreign made you need to ask your self 'do i need it'. it is amazing what you can do without and still be happy.

Well I didn't come from wealth. In fact, as a kid I can remember one week that we only had cereal, milk, and bread to eat for one week until a check came. That was poor. Never had to do that again, but we'll find out real soon what our kids do not know. We are spoiled. Our kids think not having an ipod in a certain color is a crisis. One kid I know had a fit when mom canceled the sat dish because she couldn't afford it. Get your kids ready.