HorizonForumsone horizon
Log inSign up

[ms] · Est. May 2002

Music madethis place,we just kept itgoing...

One durable person. One social graph. Many communities—and every way people speak, share, listen, write, gather and remember.

Forums / Politics

Wallstreet Bailouts vs Jobs What it really means

10 durable postsStarted 2010-01-18Latest 2010-01-23
#79358Post 1 of 10

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 = [COLOR=Blue]4,833,333 (Nearly 5 Million Jobs!!) [/COLOR]

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

According to Wells Fargo the average small [URL="http://74.125.113.132/search?q=cache:NvqzN2bPQqgJ:https://www.wellsfargo.com/biz/education/general/sba_loans+average+small+business+loan&cd=2&hl=en&ct=clnk&gl=ca&client=firefox-a"]business loan [/URL]in 2003 was $167,780.

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

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)

#1324098Post 2 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

[IMG]http://motherjones.com/files/images/moral-bankruptcy-bonus-boom-sidebar.jpg[/IMG]

#1324200Post 3 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

[img]http://www.jamphat.com/rap/jamphat_files/image210.jpg[/img]

#1324226Post 4 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

:lol:

#1324251Post 5 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

And nobody knows who you are. You left that one out.;):lol:

#1324269Post 6 of 10

its from a rap song


[IMG]http://mercuryserver.com/forums/images/mobile.gif[/IMG] [I][COLOR=Orange][ms] mobile[/COLOR][/I]

#1324281Post 7 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

I'm from Canada.

#1324385Post 8 of 10

so you ran off all the colored folk?


[IMG]http://mercuryserver.com/forums/images/mobile.gif[/IMG] [I][COLOR=Orange][ms] mobile[/COLOR][/I]

#1324417Post 9 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

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

#1324435Post 10 of 10

Re: Wallstreet Bailouts vs Jobs What it really means

[QUOTE=runningman;827681]No I stopped listening to rap a long time ago. When it died.[/QUOTE]

  • oh SNAP! :)

Log in to reply