26 Things We Could Buy With Bailout Money
It has been reported that the Fed has loaned out 2 TRILLION dollars without disclosing where this money has gone. The total cost of this fiasco is mounting and it is hard to even count the final bill. As far as I can tell, we are in over $3 trillion buckaroos. This is really repulsive and I just don't understand it. We are spending all this money on these companies, yet thousands of jobs seem to be lost every day. We have poor and hungry in our nation except corporate parasites are having parties on taxpayer money. I previously posted what we could buy for $700 billion bucks, but the following is a reproduction of the bailout considering $3 TRILLION dollars.
1. Eradicate homelessness in America and buy a $857,000 home for every homeless American. $3 trillion/3500000=$857,000. BUY A MANSION FOR EVERY HOMELESS PERSON.
2. Poverty in America could be eliminated for years. In 2007, there were 37.3 million people in poverty which ends up being about $80,000 per person if the 3 trillion were distributed evenly. According to the Census Bureau, poverty for a family of one is about $11,000. Assuming every person is a family of one, we would eliminate all poverty in the US for about SEVEN YEARS.
NO POVERTY IN AMERICA FOR SEVEN YEARS!
3.
Make every person in the state of North Dakota a MULTI millionaire (and I vote that I would get an extra few million for coming up with the idea)
4. Buy 446 McDonalds double cheeseburgers off of the $1 menu for every single 6,725,792,474 humans on this planet.
BUY MORE THAN 1 CHEESEBURGER EVERY DAY FOR EVERY PERSON FOR A YEAR
5. Pay off about all credit card debt in the US, UK and Australia.
PAY ALMOST ALL CREDIT CARD DEBT
6. Find a cure for whatever George Bush has.
7. Using the $1 a day standard of absolute poverty, we could stop absolute poverty WORLD WIDE for about a year and a half. $3 trillion/1.2 billion people (older data I know) = 2500. That is 6.8 YEARS of non-absolute poverty.
ELIMINATE HUNGER FOR ALMOST 7 YEARS
8. Using Washington logic, we could buy $3 trillion powerball tickets.
9. Send ALMOST $10,000.00 to every man, woman and child in the United States.
10 GRAND TO EVERY PERSON IN THE US
10. Buy 1,315,789,473,486 shares of AIG.
11. We could hire Almost 30 million people (40 hours a week, $30/hr, 52wks)to run around doing good deeds for a year. That is a lot of good deeds. Basically, WE COULD EMPLOY EVERY UNEMPLOYED PERSON PLUS A FEW 10 MILLION.
12. Could provide health insurance for EVERY uninsured American. $3 trillion/50 million = $60,000 per uninsured. That is probably 5 years of insurance.
13. Could buy 1764 space shuttles.
14. We could buy FIVE Iraqi Wars.
15. Buy gas for every American for 8 years at current price (Assuming every man woman child consumes gas). Average of 500 gallons * $2.32*301,139,947 = $349,322,338,520/year. $3 Trillion/349322338520 = 8.5 years.
FREE GAS FOR ALMOST A DECADE!
16.
Put it all down on Red of the roulette wheels at Harrahs!
17.
Could we find a cure for Cancer?
18.
Give 5 or 6 severance packages to CEOs
19. Become more energy self reliant. Set up 20% wind energy for the entire nation.
Looks like we could build significantly more!
20. We could buy Facebook, Google, Apple & Microsoft. At least if we invested in this, we might see a return.
21. An estimated 30 million men suffer from ED. We could provide Viagra for ALL of these folks.
22. We could have fixed 30 Hurricane Katrinas.
23. We could give over $300,000 dollars to every resident of Sierra Leone, one of the world's poorest nations.
24. We could have bought almost 3 Vietnam Wars.
25. We could purchase every known copy of Gigli, thus removing it from the consciousness of the world.
26. We could give it to a bunch of rich guys who were in no way involved in the problem and hope to high hell that they will devise the right solution.
Oh wait...
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