How Much is One Billion Dollars

How much money is in a billion dollars? If you as an average citizen received one billion dollars, could you spend it all in your lifetime, even at extravagant rates of spending? 1,000,000,000 could be spent in several ways; let us say you want to get into the Real Estate game. At the current estimated average home price in the United States (around 270,000 approx.), you could purchase 3,703 houses. Alternatively, you could purchase Twenty Thousand vehicles- (average price of 50,000) now lets say that instead of just spending it on the 74 houses per state, you invest it. Even at the rate of 0.5% annually, you would generate hundreds of millions in interest for just the first year.

You may be asking why I am telling you these numbers. For me it is simple, let us hard working, blue and white-collar humps take One Billion Dollars apiece and invest it. After all, even if you spent One Million dollars a year you would still be able to bail the government out based on interest earned within the next 20 years and have several billion left over to yourself. After all One Billion American, dollars invested at the rate of 0.5% for 20 years will equal $9,972,770,190,238.95; give or take 20,000,000.00 for expenses. Guess how many houses that amount of money will buy, you got it folks at an average home price of say 500,000 by the year 2029 you could purchase 19,945,540 homes. This means that if the government "bailouts" fail and they gave 100 of us citizens One Billion Dollars each and we simply invested it in a Very low interest account (or several) we 100 citizens could potentially bailout the entire government and pay of our National Debt along with making sure very homeowner actually owned their home.

Therefore, what do you think people, should I present this plan to the President, or does it make far too much sense? Well here is the incoming president's Economic plan and the current tally of our bailouts. CNN Money.Com - "The government is engaged in an unprecedented - and expensive - effort to rescue the economy. Here are all the elements of the bailouts...Total: $7.8 trillion"

For those of you who were not paying attention earlier One Trillion American, dollars equals 100 Billion, or 370,300 houses, or the Jesse Investment plan, which as we all saw, could save this country in just 20 years.

Obama's "Stimulus" plan also includes the following,

NEW YORK (CNNMoney.com) - "The bill also calls for a number of measures to help the economically vulnerable. Among them: $27 billion to continue the current extended unemployment benefits program through Dec. 31; and another $9 billion to increase the average unemployment check by $25 a week on top of the roughly $300 a week jobless workers currently receive." That is right, absolutely no ideas as to how the average American could potentially save this money just adding more money to what they are already spending. Can anyone say, "Give me the MONEY?"

Lastly, the new "Stimulus" package calls for the creation of more red tape!

NEW YORK (CNNMoney.com) -"Lastly, the bill calls for the creation of two boards:

1. A Recovery Act Accountability Board, members of which will include the president's chief performance officer and others appointed by the heads of federal agencies.

2. An independent advisory panel to that board, members of which will not be in the federal government but will have expertise in economics, public finance, contracting, accounting, auditing or other relevant fields." Yes "My fellow Americans" our new president is initiating great change, and this equals a bill that our children will never pay off, and more red tape to boot!

I asked the President Elect last week what he thought about my plan (100 hard working investing Americans and 100 Billion dollars) he said that he would think about it, and in the meant time he presented this.

NEW YORK (CNNMoney.com) -- After weeks of talks with President-elect Barack Obama's top aides, House Democrats on Thursday released an expansive economic recovery plan that calls for $550 billion in spending and aid to states and $275 billion in tax cuts. Sing it with me, "O Beautiful for bankrupt land..." simply stated America is doomed to follow the same mistakes of its grand and great predecessors. We over spend, thin ourselves out, and allow our society to become enamored with brilliance (I.E. Reality T.V. and Hollywood) versus true reality.

Thanks to our next president and our last several this country is literally spending itself into oblivion, for those of us who understand that robbing Peter to pay Paul cannot sustain any real growth isn't it time to really stand up and tell your "elected representatives" what we think about their creating further mess's?

Oh well, The End

Please keep reading more at my blog as well, free speech isnt dead it just is being drowned out by Reality T.V.

J

To my loyal readers, I was blessed with a beautiful baby girl recently- hence the reason for no comments and or articles. I am now back!