[Vision2020] Some People Never Get it
Andreas Schou
ophite at gmail.com
Wed Sep 21 20:03:57 PDT 2011
Precisely that. I realize that it doesn't make any sense, but that's
the decision the government has made. Note that this isn't the
interest on any and all debt we've taken out over the years, but
rather on the debt we take out today.
On Wed, Sep 21, 2011 at 8:52 PM, Donovan Arnold
<donovanjarnold2005 at yahoo.com> wrote:
> What is negative interest? Are you saying we are getting paid money to
> borrow it?
>
> Donovan Arnold
> From: Andreas Schou <ophite at gmail.com>
> To: Donovan Arnold <donovanjarnold2005 at yahoo.com>
> Cc: Tom Hansen <thansen at moscow.com>; Art Deco <deco at moscow.com>;
> "Vision2020 at moscow.com" <Vision2020 at moscow.com>
> Sent: Wednesday, September 21, 2011 8:06 PM
> Subject: Re: [Vision2020] Some People Never Get it
>
> We are paying negative interest on our debt right now.
>
> On Wed, Sep 21, 2011 at 7:55 PM, Donovan Arnold
> <donovanjarnold2005 at yahoo.com> wrote:
>> Yes Tom,
>>
>> It will be far less humiliating for our grandchildren to have to borrow
>> from
>> Mexico to pay the 400% interest on the pizza to pay back China for the
>> money
>> we borrowed to buy the pizza rather than making the pizza at the White
>> House. Why spend a dollar when you can borrow two and spend three, right?
>>
>> Donovan Arnold
>> From: Tom Hansen <thansen at moscow.com>
>> To: Donovan Arnold <donovanjarnold2005 at yahoo.com>
>> Cc: Andreas Schou <ophite at gmail.com>; Art Deco <deco at moscow.com>;
>> "Vision2020 at moscow.com" <Vision2020 at moscow.com>
>> Sent: Wednesday, September 21, 2011 7:21 PM
>> Subject: Re: [Vision2020] Some People Never Get it
>>
>> Yeah. I can see it now . . .
>> As the British royal family makes it's way down the reception line at the
>> White House (the president's home address) Blue Room, as Queen Elizabeth
>> approaches President Obama, the president leans forward and suggests, "Yo,
>> Ellie. Wanna go fifties on a Domino's large triple topper?"
>>
>> Seeya round town, Moscow.
>> Tom Hansen
>> Moscow, Idaho
>>
>>
>> On Sep 21, 2011, at 18:11, Donovan Arnold <donovanjarnold2005 at yahoo.com>
>> wrote:
>>
>> Andreas,
>>
>> Not sure I follow your numbers. However, while I do understand that the
>> government has to spend a lot of money to produce just a few units of
>> something that doesn't justify catered luncheons and events when in a
>> budget
>> crisis. They can do like the rest of us and use space already available
>> in
>> their own buildings for meetings and bag a lunch or do a potluck.
>> There are
>> no attempts to be frugal here. This is privileged people living on the
>> taxpayers dime and wanting to remain privileged while many suffer and go
>> without jobs. It needs to stop before this country is in a such a hole it
>> can never get out again.
>>
>> PS, Hope you had a good birthday. : )
>>
>> Donovan Arnold
>>
>> From: Andreas Schou <ophite at gmail.com>
>> To: Art Deco <deco at moscow.com>
>> Cc: Vision2020 at moscow.com
>> Sent: Wednesday, September 21, 2011 3:00 PM
>> Subject: Re: [Vision2020] Some People Never Get it
>>
>> In standard government accounting, administrative costs are spread over
>> the
>> entire program cost. So if the government buys a nuclear reactor core and
>> a
>> phillips-head screw and sends both to Baltimore at a cost of a million
>> dollars, the spreadsheet will reflect that the Feds paid $10,500,000 for a
>> reactor core and $500,000.25 for a screw.
>> Every reporter in America should have this fact on their desk. But somehow
>> the media keeps getting rolled every time.
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>>
>
>
>
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