> -Original Message-
> From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
> Behalf Of Alberto Monteiro
> Sent: Tuesday, September 30, 2008 11:51 AM
> To: Killer Bs (David Brin et al) Discussion
> Subject: Re: Economic Recovery Plan
>
>
> Nick Arnett
Nick Arnett wrote:
>
>> I based my estimates on the data I have - each family is
>> in debt at 3x their properties, each property evaluated
>> at $ 300,000. Am I wrong? Is it more than 1 MM?
>
> Are you talking about personal debt or the U.S. national debt?
>
Personal debt. So, you think I am ove
On Tue, Sep 30, 2008 at 9:37 AM, Alberto Monteiro
<[EMAIL PROTECTED]>wrote:
>
> Nick Arnett wrote:
> >
> >> Each family would get... hmmm... 10,000 dollars? Sort of. It would
> >> hardly scratch the problem, since, AFAIK, each family's debts
> >> are about two magnitudes highter than that.
> >
> >
Nick Arnett wrote:
>
>> Each family would get... hmmm... 10,000 dollars? Sort of. It would
>> hardly scratch the problem, since, AFAIK, each family's debts
>> are about two magnitudes highter than that.
>
> Eh? Two orders of magnitude more than $10,000 is $1 million.
>
I based my estimates on th
On Tue, Sep 30, 2008 at 4:08 AM, Alberto Monteiro
<[EMAIL PROTECTED]>wrote:
>
> Each family would get... hmmm... 10,000 dollars? Sort of. It would
> hardly scratch the problem, since, AFAIK, each family's debts
> are about two magnitudes highter than that.
Eh? Two orders of magnitude more than
PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Alberto Monteiro
Sent: 30 September 2008 13:09 PM
To: Killer Bs (David Brin et al) Discussion
Subject: Re: Economic Recovery Plan
Jon Louis Mann wrote:
>
> Instead of a 700 billion dollar bailout for corporate America, loan
> that
Jon Louis Mann wrote:
>
> Instead of a 700 billion dollar bailout for corporate America, loan
> that money to qualified American families who need to save their
> home. Bail out homeowners, rather than banks; that should solve the
> housing crisis.
>
Each family would get... hmmm... 10,000 d
We need to solve our economic problems by adopting an economic model that puts
the government on the side of the people. American workers need a new New
Deal that will revive our economy and provide productive green jobs that will
preserve the environment and implement energy independence. We
