Wallstreet Bailouts vs Jobs What it really means

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  • runningman
    Playa I'm a Sooth Saya
    • Jun 2004
    • 5995

    Wallstreet Bailouts vs Jobs What it really means

    So how much is $145 billion ($145,000,000,000) well if you looked at taking away all the bonuses and put that money directly on the streets what could that do for the economy?

    If you took that money and employed more people with an average salary of $30,000 (not the best salary but a lot of unemployed would take it)

    $145,000,000,000/$30,000 = 4,833,333 (Nearly 5 Million Jobs!!)

    What about investment into small businesses? How would that break up?

    According to Wells Fargo the average small business loan in 2003 was $167,780.

    $145,000,000,000/$167,780= 864,227 (Nearly 1 million that would hire employees)

    This would be how you would trigger the recovery. This is where the innovation would come from. You can't just give money to banks when the people on the street have bad credit because of the collapse. They will never get a loan again. And if they do it will be at 18% interest which is an enslavement loan. They will never be able to pay it off. The reality is this is not a recovery. Just a temporary high from the drugs (stimulus)
  • runningman
    Playa I'm a Sooth Saya
    • Jun 2004
    • 5995

    #2
    Re: Wallstreet Bailouts vs Jobs What it really means

    Comment

    • Jenks
      I'm kind of a big deal.
      • Jun 2004
      • 10250

      #3
      Re: Wallstreet Bailouts vs Jobs What it really means

      Comment

      • res0nat0r
        Someone MARRY ME!! LOL
        • May 2006
        • 14475

        #4
        Re: Wallstreet Bailouts vs Jobs What it really means

        Comment

        • runningman
          Playa I'm a Sooth Saya
          • Jun 2004
          • 5995

          #5
          Re: Wallstreet Bailouts vs Jobs What it really means

          And nobody knows who you are. You left that one out.

          Comment

          • res0nat0r
            Someone MARRY ME!! LOL
            • May 2006
            • 14475

            #6
            its from a rap song







            -----------------------------------------
            [ms] mobile

            Comment

            • runningman
              Playa I'm a Sooth Saya
              • Jun 2004
              • 5995

              #7
              Re: Wallstreet Bailouts vs Jobs What it really means

              I'm from Canada.

              Comment

              • res0nat0r
                Someone MARRY ME!! LOL
                • May 2006
                • 14475

                #8
                so you ran off all the colored folk?







                -----------------------------------------
                [ms] mobile

                Comment

                • runningman
                  Playa I'm a Sooth Saya
                  • Jun 2004
                  • 5995

                  #9
                  Re: Wallstreet Bailouts vs Jobs What it really means

                  No I stopped listening to rap a long time ago. When it died.

                  Comment

                  • floridaorange
                    I'm merely a humble butler
                    • Dec 2005
                    • 29116

                    #10
                    Re: Wallstreet Bailouts vs Jobs What it really means

                    Originally posted by runningman
                    No I stopped listening to rap a long time ago. When it died.
                    * oh SNAP!

                    It was fun while it lasted...

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