[Dialogue] financial crisis Another person's Viewpoint onWherethe Money should go!

[darrell walker]

Well, sort of right.  Yes, $3500 per person will be at risk, but not necessarily lost.  There is equity in what the money will purchase.  Doubtless some money will be recovered, possibly all of it.  The uncertainty of the final result is a large part of what congress is wrestling with.  There is an outside chance that the mortgages will be sold for an actual profit at some point in the future.  But there is uncertainty and uncertainty breeds fear, but we should not let that evolve into panic.  The Dems are building in some safeguards for which we should be thankful.
    Darrell Walker
  ----- Original Message ----- 
  From: David Dunn 
  To: Colleague Dialogue 
  Sent: Thursday, September 25, 2008 9:53 AM
  Subject: Re: [Dialogue] financial crisis Another person's Viewpoint onWherethe Money should go!


  On Sep 25, 2008, at 9:22 AM, darrell walker wrote:


    One minor problem with the logic.  Dividing $85 billion by 200 million equals $425, not $425,000.  It makes a difference.


  And speaking about logic, math, history and consequences--as we have been--check my math here:


  700,000,000,000 divided by 200,000,000 = $3,500 each for all of us 200 million adults [give or take]…


  the amount of debt we'll be passing along to our grandkids that they'll need to pay off. Did I get that right?


  Ouch. Damn.


  David


  —
  David Dunn
  740 S Alton Way 9B
  Denver, CO 80247
  720-221-4661
  dmdunn1 at gmail.com




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