Join | Login  

     Popular! Books, Stories, Articles, Poetry
Where Authors and Readers come together!


Featured Authors:  David Hamilton, iJohn MacEachern, iArthur Jackson, iPhillip Rice, iGraham whittaker, iMark Lichterman, iAlan Brenham, i

  Home > Action/Thriller > Articles Popular: Books, Stories, Articles, Poetry     

Joe Prentis

· Become a Fan
· Contact me
· Books
· Articles
· Stories
· Messages
· 30 Titles
· 36 Reviews
· Save to My Library
· Share with Friends!
Member Since: Feb, 2008

Joe Prentis, click here to update your pages on AuthorsDen.

Featured Book
Farrago: More Stories
by Lucille

Second literary collection since Pastiche: Stories and Such..  
BookAds by Silver
Gold and Platinum Members

Featured Book
13 Cars in 13 Years
by Herman Yenwo

This book is an action packed thriller that will hold your attention as you read to various dramatic events written in chronological order...  
BookAds by Silver
Gold and Platinum Members

   Recent articles by
Joe Prentis

The Future is Here!!
The Political Pain in My Gut
Autumn is Here - Do You Feel it?
Make Your Own Dogfood for a Healthy Pet
ET Where Are You?
Underwhelmed in America
Our Upcoming Election
We love you Rocky
Did Something Good Happen to You Today?
Dumb Blonde Jokes
Max Takes No Prisoners
The Financial Crisis in America
           >> View all

The Real Reason for the National Debt
by Joe Prentis   
Rated "G" by the Author.
Last edited: Sunday, December 21, 2008
Posted: Sunday, December 21, 2008

Share    Print   Save    Become a Fan

If you failed finance 101, here is a little primer that might help.



I have often wondered what goes on in the homes of the super-rich after the sun goes down and all of the doors and windows are locked. I strongly suspect that the snow shovels come out and the rich people start stirring through their money to keep it from moldering. Just think about some of the figures they throw about on the evening news. They never say one billion, four hundred million. It is one point four billion, as if the four hundred million is just tacked on as an afterthought. To most of us, these numbers seem abstract and difficult to visualize. We have heard a lot recently about bailouts, executive bonuses, and schemes that run into the billions. With gold at eight hundred dollars per ounce, one billion dollars in gold weighs 38.9 tons. If you had one billion dollars in one hundred dollar bills – new money that would lay down flat like the pages of an unopened book – it would fill a cube 7.36 feet on each side. If you decided to ship it to your less fortunate relatives in those 1.5 cubic foot moving boxes, you would need 266 of them to hold your billion. A million dollars weighs 22 pounds, while one billion tips the scales at 22,000 pounds. If you loaded the 17.5 billion auto bailout in the back of pickup trucks, it would require over twenty of them if you stacked the money to the top of the cab. A lot of it would blow out as you traveled down the highway, but who cares. A lot of it is going to blow out as it passes through Washington anyway.



Web Site: Joe Prentis Website

Reader Reviews for "The Real Reason for the National Debt"

Want to review or comment on this article?
Click here to login!

Need a FREE Reader Membership?
Click here for your Membership!

Reviewed by - - - - - TRASK 12/21/2008
Amazing Write On Money$....


Books by
Joe Prentis

Abraham's Bones

Buy Options
Amazon, Barnes & Noble, more..


Buy Options
Kindle, Amazon, more..

Dead Certain

Buy Options
Kindle, Barnes & Noble, more..

Ransomed by Derek Flower

Based on a true story, this fast moving whodunit tells of the kidnapping of a leading French idustrialist while he is holidaying in the South of France. Who planned it? Who was t..  
Featured BookAds by Silver
Gold and Platinum Members

The Dragonfly Door by Margaret Millmore

a suspense filled modern day time travel thriller..  
Featured BookAds by Silver
Gold and Platinum Members

Authors alphabetically: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Featured Authors | New to AuthorsDen? | Add AuthorsDen to your Site
Share AD with your friends | Need Help? | About us

Problem with this page?   Report it to AuthorsDen
AuthorsDen, Inc. All rights reserved.