Comments on: The ‘We Deserve It Dividend’ Bailout http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/ The best Credit Card Debt Blog online Tue, 09 Mar 2010 09:42:31 -0500 http://wordpress.org/?v=abc hourly 1 By: Kristy http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-8034 Kristy Mon, 27 Oct 2008 14:36:24 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-8034 @ Abigail, http://www.cnn.com/2008/POLITICS/10/08/politicians.meltdown.aig.ap/ The $23,000 you're referring to was just in spa treatments. I didn't just flippantly put numbers out there, so yes, it is $400,000. @ Abigail,

http://www.cnn.com/2008/POLITICS/10/08/politicians.meltdown.aig.ap/

The $23,000 you’re referring to was just in spa treatments. I didn’t just flippantly put numbers out there, so yes, it is $400,000.

]]> By: Abigail http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-8030 Abigail Mon, 27 Oct 2008 08:27:30 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-8030 Um, small point of order: AIG sent its executives on a $23,000 retreat. Still ridiculous. But hardly $400,000. Um, small point of order: AIG sent its executives on a $23,000 retreat. Still ridiculous. But hardly $400,000.

]]> By: asgreen http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7705 asgreen Fri, 17 Oct 2008 16:34:40 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7705 I agree. If every person got that much money inflation would be insane and sadly it wouldn't help anything. However the thought of receiving that money in my pocket (even $500) does make me happy. =) I agree. If every person got that much money inflation would be insane and sadly it wouldn’t help anything. However the thought of receiving that money in my pocket (even $500) does make me happy. =)

]]> By: Kristy http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7654 Kristy Thu, 16 Oct 2008 01:25:31 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7654 LOL! Can't fool you guys. I was thinking about the numbers in my head this morning on the way to work and it wasn't coming out right. The overall concept is what appealed to me, though. I think, regardless of the 'what if' factor, that giving back to the Americans struggling rather than greedy businesses who don't know how to properly spend the money is a better course of action. But, in terms of the numbers, let's put this guy in charge of handing out the checks! I'm kidding. LOL! Can’t fool you guys. I was thinking about the numbers in my head this morning on the way to work and it wasn’t coming out right. The overall concept is what appealed to me, though. I think, regardless of the ‘what if’ factor, that giving back to the Americans struggling rather than greedy businesses who don’t know how to properly spend the money is a better course of action.

But, in terms of the numbers, let’s put this guy in charge of handing out the checks! I’m kidding.

]]> By: sam http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7642 sam Wed, 15 Oct 2008 12:20:44 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7642 Of course it's a joke. It causes super hyper inflation. If you ask me, the current financial system cannot be fixed. The problems can only be pushed to the future. And that causes a bigger problems then. The time for a total collapse comes closer and closer each year. And when it comes, it's a war. Let's think about it globally. Americans start bailing out their citizens with 85 dollars each. Europe starts then to bail out their citizens with 100 dollars each. Americans raise the money to 150 dollars each and Europeans follow. Asian people join this etc. There is no limit. Central banks are then starting their money printing machines and the shit goes on. No one can be trusted beyond the country borders. Chinese will not loan money to Americans, so Americans have to print it themselves. And when they print, the chinese are not happy to see that their dollars are then worth a shit. People are starting to understand this. The big crash is unavoidable. Better to have it sooner than later at least if you care about your kids. Of course it’s a joke. It causes super hyper inflation. If you ask me, the current financial system cannot be fixed. The problems can only be pushed to the future. And that causes a bigger problems then. The time for a total collapse comes closer and closer each year. And when it comes, it’s a war.

Let’s think about it globally. Americans start bailing out their citizens with 85 dollars each. Europe starts then to bail out their citizens with 100 dollars each. Americans raise the money to 150 dollars each and Europeans follow. Asian people join this etc. There is no limit. Central banks are then starting their money printing machines and the shit goes on. No one can be trusted beyond the country borders. Chinese will not loan money to Americans, so Americans have to print it themselves. And when they print, the chinese are not happy to see that their dollars are then worth a shit.

People are starting to understand this. The big crash is unavoidable. Better to have it sooner than later at least if you care about your kids.

]]> By: Jonathan http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7641 Jonathan Wed, 15 Oct 2008 12:11:22 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7641 Good catch on the maths guys, I've added a little notification. Even though the author of this email is off just *slightly* (i.e. by a factor of 1000!) with his/her calculations, I think the point may still have some merit. Good catch on the maths guys, I’ve added a little notification.

Even though the author of this email is off just *slightly* (i.e. by a factor of 1000!) with his/her calculations, I think the point may still have some merit.

]]> By: TC http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7639 TC Wed, 15 Oct 2008 12:05:43 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7639 I think the math is bad. I think the math is bad.

]]> By: Steven http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7638 Steven Wed, 15 Oct 2008 11:55:43 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7638 Sorry, wrong on a key point: $85 billion divided by 200 million is $425, not $425,000. I can't wait for my < $500 check!!! Sorry, wrong on a key point: $85 billion divided by 200 million is $425, not $425,000.

I can’t wait for my < $500 check!!!

]]> By: Tim Hawkins http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/comment-page-1/#comment-7636 Tim Hawkins Wed, 15 Oct 2008 11:44:49 +0000 http://masteryourcard.com/blog/2008/10/15/the-we-deserve-it-dividend-bailout/#comment-7636 I'm thinking the *basic* math is wrong here: 85,000,000,000/200,000,000=425 not 425,000. One way to make it simpler is to eliminate the extra zeros (equally) for: 850/2=425 that way you can confirm you're keying the proper number of zeros into your calculator. I’m thinking the *basic* math is wrong here: 85,000,000,000/200,000,000=425 not 425,000. One way to make it simpler is to eliminate the extra zeros (equally) for: 850/2=425 that way you can confirm you’re keying the proper number of zeros into your calculator.

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