Ferrari Mailing List: Re: More

[LarryT (l02turner]

Jim wrote <<people (even on this
 list) have never seen $100k in cash - never mind a million - so
 the concept of a BILLION is generally "just a number" to (too) many>>

Once you get your head around a million and then a billion, try to visualize 
a trillion!

If someone gave you a million $$'s a day it would take approx 2 years 7 
months to reach a billion $$s.  Getting a million $$s a day to end up with a 
trillion $$s would take 2739 years...

Of course, in between these 2 numbers are the tens and hundreds of billions 
typically spent by Congress *every* year!   Think about how many people 
earning an average income it takes to reach a million a day in tax payments 
which equates to 365 million/year.

That's a LOT of freakin people!!!

I hope someone will check my math - it still pretty early.   (Yawn....)

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----- Original Message ----- 
From: "Jim Conforti" <lndshrk [at] xmission.com>
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: <ferrari [at] ferrarilist.com>
Sent: Tuesday, May 26, 2009 11:26 PM
Subject: Re: [Ferrari] More


> At 08:36 PM 5/26/2009, you wrote:
> > I am just a simple engineer...  I am still busy stacking whatever
> > singles I can find and trying to extrapolate how high they would stand
> > if I had a billion of them...
>
>  Well, according to my micrometer - and concurrence of the US BEP
>  fresh US currency is 0.11mm thick.  A lot of people (even on this
>  list) have never seen $100k in cash - never mind a million - so
>  the concept of a BILLION is generally "just a number" to (too) many.
>
>  0.11mm * 1E9/(1.61 * 1E6) = 68+ miles
>
>  Technically, if you CLIMBED that 68+ mile high stack of money you
>  would in fact qualify as an ASTRONAUT since the boundary is around
>  62 miles.
>
>  As to Chrysler - there was only ONE viable solution that would
>  result in it's continued existance.
>
>  Allow Chrysler to cast off it's union contracts and cut it's labor
>  costs drastically.
>
>  It was never going to happen.
>
>  The UAW is simply too greedy.
>
>  While we can argue as to the minutiae of what the "average" UAW worker
>  makes - they make about DOUBLE what they should.  When you have forklift
>  operators making over $100k/annum - something is WRONG.
>
>  A "smart bail out" would have done the following.
>
>  1) Get the UAW to accede to MAJOR wage/benefit concessions at all
>     of the big 3 - this includes some of the retiree pensions as well.
>
>  2) Use federal dollars to buy down any debts (mortgages/etc) of
>     the workers/retirees so affected - to leave them in a relatively 
> similar
>     place post wage-decrease.  I would also go so far as to say that we
>     (the taxpayer) should pick of the tab for the college education of the
>     children of any worker so affected.
>
>  3) Bridge loans to get at least 2 of the big 3 thru this.
>
>  4) There is no 4 - we don't need Government Motors.
>
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