What else can 700 Billion buy?

Discussion in 'Politics, Religion, Social Issues' started by fivepoint, Sep 24, 2008.

  1. fivepoint macrumors 65816

    fivepoint

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    #1
    http://consumerist.com/5054163/what-else-can-700-billion-buy

    Even better... how about we put all the money we can back into paying off our NATIONAL DEBT? I can't think of a better way to restore confidence in the market.
     
  2. scotthayes macrumors 68000

    scotthayes

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    #2
    As you've only spent $145 billion, how about another $100 billion to cancer research.

    Could chuck a huge chunk of it to make sure all senior citizen have enough money for food and heating.
     
  3. fivepoint thread starter macrumors 65816

    fivepoint

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    #3
    I like the cancer research idea. We're on the right thought-process here.
     
  4. Iscariot macrumors 68030

    Iscariot

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  5. Cave Man macrumors 604

    Cave Man

  6. kavika411 macrumors 6502a

    kavika411

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    #6
    You could buy 700 million unopened Apple Newtons.

    Or, you could buy the world a Coke (and keep it company).
     
  7. takao macrumors 68040

    takao

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    #7
    how can you pay back debt by borrowing money ?

    (don't forget that the US government doesn't actually have those 700 billion in surplus ;) )
     
  8. freeny macrumors 68020

    freeny

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    #8
    Id rather just support the CEO's that got us here, because we all know, they'd do the same thing for us and the wealthy are worth every penny they ask for.
     
  9. EricNau Moderator emeritus

    EricNau

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  10. fivepoint thread starter macrumors 65816

    fivepoint

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    #10
    Normal people can't... but the U.S. government can! ;) No, what I mean is that if you're going to pay off the national debt, you don't start by getting 700 billion more in the hole!

    "put all the money we can back into paying off our NATIONAL DEBT"
     
  11. takao macrumors 68040

    takao

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    #11
    well even if you tax in those 700 billion in the next 2 years (the plan says 700 billion being spent over 2 years as far as i remember) you are very likely still have a deficit ;)
     
  12. Sky Blue Guest

    Sky Blue

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    #12
    You'd burn your mouth after the first couple, but you'd learn....
     
  13. BigHungry04 macrumors 6502

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    #13
    How about 155 Nimitz class aircraft carriers!
     
  14. freeny macrumors 68020

    freeny

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  15. iGary Guest

    iGary

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    #15
    The Fed is who got us here.
     
  16. freeny macrumors 68020

    freeny

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    #16
    Replace "CEO" with whoever is at fault and im good with that ::cool:
     
  17. marbles macrumors 68000

    marbles

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    #17
    would be nice to spend it on something worthwhile , like fixing the NHS , would only take a billion or two ...then the roads could do with sorting out , and our national parks need some sprucing up , oh and lets not forget schools .

    all the lot could be sorted out for less than what is spent on guns/tanks & bombs
     
  18. iGary Guest

    iGary

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    #18
    Who do you think lent them the money?
     
  19. jplan2008 macrumors regular

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    #19
    This site lets you spend the $3 trillion some economists think the actual cost of the Iraq war would be.

    You can adjust it down to "only" $700 billion

    http://3trillion.org/
     
  20. Jaffa Cake macrumors Core

    Jaffa Cake

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    #20
    By my reckoning, your $700 billion equates to £378,223,737,706.75p – which I think is the figure Mike Ashley is trying to sell Newcastle United for...
     
  21. marbles macrumors 68000

    marbles

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    #21

    :eek: I feel sick ... 3 trillion , just how much good could that money have done !
     
  22. Ugg macrumors 68000

    Ugg

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    #22
    What good would that serve?
     
  23. mactastic macrumors 68040

    mactastic

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    #23
    How does borrowing money to pay down our debt make sense?

    That's like someone who's in deep credit card debt paying off some of their credit card debt with a new credit card. It's just a shell game.

    How about we not borrow $700,000,000,000 in the first place?
     
  24. fivepoint thread starter macrumors 65816

    fivepoint

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    #24
    Jeebus. Maybe you should have read the entire thread first.
     
  25. mactastic macrumors 68040

    mactastic

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    #25
    I did read it. You seemed unclear on the principal of borrowing to repay debt.

    "Put all the money we can into repaying the debt"? You do realize the Bush regime is running a massive deficit, don't you? We're borrowing to get through the year as it is. I don't know quite how to break this to you, but there is no money to put into repaying the debt. Zip. Zero. Nada. Zilch.

    The first thing we need to do is stop spending more than we make -- or take in, in this case.

    Jeebus indeed.
     

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