LostandFound
As mounting concerns about the economic consequences of the
recent sharp drop in energy prices send shivers down the spine o f households,
housing markets should be expected to retreat further in the year ahead.
As stiff headwinds blow on the provincial economy and
erode consumer confidence in the year ahead, would-be buyers will be hardpressed
to step into play until affordability improves more significantly.
Quotes and figure from the December Housing Trends & Affordability Report published by RBC.
This is EXACTLY how my day has gone so far.
this wouldn’t be so bad if it wasn’t for all the chickens!
Toy Story meets The Dark Night
Investing GOP v DEM →
Interesting study on the effects of investing in solely republican or democratic presidencies.
Iran So Far →
Hysterical digital short from Andy Samburg of SNL fame. Absolutely hilarious!
Whoever sent this must be red in the face
Here’s a copy of an email my grandmother forwarded me today:
Interesting read below: Never thought of it thus way
I’m against the $85 BILLION bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a “We Deserve It” dividend. To make the math simple, let’s assume there are 200,000,000 bona fide U.S. citizens, aged 18+.
Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billion - that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a “We Deserve It” dividend.
Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Everyone would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!
What would you do with $297,500.00 to $595,000.00?
- Pay off your mortgage – housing crisis solved.
- Repay college loans – what a great boost to new grads.
- Put away money for college – it’ll really be there.
- Save in a bank – create money to loan to entrepreneurs.
- Buy a new car – create jobs .
- Invest in the market – capital drives growth.
- Pay for your parent’s medical insurance – health care improves.
- Enable deadbeat parents to come clean – or else.
Remember this is for every adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann Brothers and every other company that is cutting back) and of course, for those serving in our Armed Forces.
If we’re going to re-distribute wealth let’s really do it! Instead of trickling out a puny $1,000.00 “economic incentive”.
If we’re going to do an $85 billion bailout, let’s bail out every adult U.S. citizen!
As for AIG – liquidate it.
- Sell off its parts.
- Let American General go back to being American General.
- Sell off the real estate.
- Let the private sector bargain hunters cut it up and clean it up.
We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can you imagine the coast-to-coast block party?!
How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! I trust my fellow adult Americans to know how to use the $85 Billion “We Deserve It” dividend more than do the ‘geniuses’ at AIG or in Washington , D.C. .
And remember, my plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam. Good idea? I think so.
Check the math they did. Eighty-five billion split two-hundred million ways equates to $425.00 a person. NOT $425,000.00. A chain-forward testament to the intelligence of the average American.
after!
before
