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Rob Simpson is no geopolitical, macro-economic, inside-the-Beltway expert. He’s an armchair analyst and creative director for an advertising agency, a former radio announcer and music critic in Ontario and a one-time voiceover actor. |
He calculates $1 trillion could pave the entire U.S. interstate highway system with gold — 23.5-karat gold leaf. It could buy every person on the planet an iPod. It could give every high school student in the United States a free college education. It could pay off every American’s credit card. It could buy a Buick for every senior citizen still driving in the United States.
“As I started exploring, I was really taken aback by some of the things that can be done, both the absurd and the practical,” Simpson said.
America could the double the 663,000 cops on the beat for 32 years. It could buy 16.6 million Habitat for Humanity houses, enough for 43 million Americans…
It’s too recent to make Simpson’s list, but that $1 trillion could also have paid for the Bush administration’s financial bailout plan, with $300 billion to spare. It might not be enough, however, to pay for the war in Iraq. Nobel Laureate Joseph Stiglitz has recently upped his estimate of the war’s cost to $3 trillion.
Many have addressed this topic since it became clear the nutballs in charge were going to use 9/11 as the core of their new imperialism. Simpson has done it with a lot more humor and wit.
OK,
How many of you KNOW what the subject is??
ITS THE BAILOUT..
DEMS voted for it..
OBAMA was against it..
$700 billion for LOANS, which was BAILED OUT 15 years ago??
+ 300 BILLION in PORK…
LET THEM CRASH…DUMP the stock market and LET THE PRICES DROP..
#41 “OBAMA was against it.”
Really? Didn’t he vote for it?
#42 – O’Furniture
http://www.foxnews.com/story/0,2933,340332,00.html
#42, Yes, he did.
http://tinyurl.com/6kzn4m
Liberty,
HERES THE LIST FOR THE BILL..
OBAMA wasnt THERE..
http://projects.washingtonpost.com/congress/110/house/2/votes/681/
OBAMA was on the road, getting VOTES..
#45 Umm, you posted the HOUSE vote. Omama is a SENATOR….
ECA — have you been living in a cave or something?
Obailout and McBail both voted for the same bailout.
Perhaps you are thinking of a different bailout?
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:h.r.1424:
Have you read this thing??
Only reason it PASSED was because of ALL THE ADDITIONAL PARTS…
http://projects.washingtonpost.com/congress/110/bills/h_r_1424/
A Mental health bill was added to it LAST.
Hows this part..
Title V: Additional Tax Relief and Other Tax Provisions – Subtitle A: General Provisions – (Sec. 501) Lowers in 2008 (from $10,000 to $8,500) the earned income threshold amount for determining the refundable portion of the child tax credit.
(Sec. 502) Amends Internal Revenue Code provisions relating to the tax deduction for domestic film and television productions to: (1) include within the income base for such deduction compensation for services performed in the United States by actors, production personnel, directors, and producers and any copyrights, trademarks, or other intangibles with respect to a film production; and (2) allow a deduction for partners or S corporation shareholders who own at least a 20% interest in a film project.
(Sec. 503) Exempts from the excise tax on bows and arrows certain shafts consisting of all natural wood that, after assembly, measure 5/16 of an inch or less in diameter and that are not suitable for use with bows that would otherwise be subject to such tax (having a peak draw weight of 30 pounds or more).
THIs is real interesting..
(Sec. 203) Disqualifies foreign-produced fuel that is used or sold for use outside the United States from the income and excise tax credits for alcohol, biodiesel, and alternative fuel production.
Lets say that a USA corp bring in oil, then sells it to Another country..INSTED of selling itin the USA..can you guess who got STUCK with the shipping and handling charges??
we could pay for medicare with the trillion also
And they keep making excuses as to why Obama is to be spared of liability while McCain isn’t.
Suckers!
#4,5,6,8
Pointless meets worthless – A match made in heaven