THE FIX IS IN: Manipulation: How Markets Really Work -

[achilles28]

Quote from Cutten:

Why attribute to conspiracy that which can be explained by stupidity?

You're extremely naive if you believe that.

Bankers don't understand whan an option is? Or their exposure to writing one?

Give me a break.

Perhaps you'll suggest next that Bankers wern't aware they owned the Federal Reserve.

Afterall, they're "stupid".

The only stupid thing about our financial industry is that its built on a gigantic moral hazard, which is fundamental cause of our woes.

 

[NazSpaz]

Quote from ARealGannTrader:

Yep, that's right, 1000 million is one billion. So, it would take 333 billion to take care of the US population.

So let's cover the tab.

Bill Gates-40 billion
Warren Buffet-37billion
Carlos Helu-35 billion
Lawerence Ellison-22.5 billion
Ingvar Kamprad-22 billion
Karl Albrecht-21.5 billion
Mukesh Ambani-19.5 billion
Lakshmi Mittal-19.3 billion
Theo Albrecht-18.8 billion
Amancio Ortega-18.3 billion
The Waltons-17.8 billion( I took just Jim and used his number)
Bernard Arnault-16.5 billion
Li Ka-Shing-16.2 billion
Micheal Bloomberg-16 billion

That takes out 17 of them for 339 billion. Just to play it safe.

Out of the Forbes 468, that leaves 451 of them with fortunes intact.

But, there are thirty people tied at 468. Bring the number up to 498. We can round it up to 500 for the other ties.

So, to really drive the point home, if 4% of the Forbes billionaires gave up their fortunes, that would cover the tab.

Now take away the half million or so that every American owes at birth, that leaves them with 500,000 free and clear.

That's the net worth of the top 17 richest people.

The top 17 will cover the bottom 333 million.

Get the point?

I'm scratching my head on this math, someone tell me where I am wrong:

333 million people = 333,000,000

you give them each 1,000,000

That is 333,000,000 x 1,000,000 = 333,000,000,000,000

333,000,000,000,000 = 333 Trillion Dollars

Would take 333 Trillion Dollars to give 333 million people a million dollars, right?

I think the flaw in your math is you called 1000 Million = 1 Billion (correctly), but when you did the math to 333 Billion that is actually 333 Billion 1000's, so you need to multiply it back out by 1000, equalling 333 Trillion Dollars.

It's late and this is top of my head so hoping I am not wrong on my math but it sure looks right to me right now, someone check it.

Obviously if my math is right then fleecing even all of the 500 Billionaires wouldn't even come close to enough, which also logically seems correct because if a few people really had the money to make everyone a millionaire then there is waaaay too much money out there for it to be worth anything besides toiletpaper.

 

[piezoe]

Quote from NazSpaz:

I'm scratching my head on this math, someone tell me where I am wrong:

333 million people = 333,000,000

you give them each 1,000,000

That is 333,000,000 x 1,000,000 = 333,000,000,000,000

333,000,000,000,000 = 333 Trillion Dollars

Would take 333 Trillion Dollars to give 333 million people a million dollars, right?

I think the flaw in your math is you called 1000 Million = 1 Billion (correctly), but when you did the math to 333 Billion that is actually 333 Billion 1000's, so you need to multiply it back out by 1000, equalling 333 Trillion Dollars.

It's late and this is top of my head so hoping I am not wrong on my math but it sure looks right to me right now, someone check it.

Obviously if my math is right then fleecing even all of the 500 Billionaires wouldn't even come close to enough, which also logically seems correct because if a few people really had the money to make everyone a millionaire then there is waaaay too much money out there for it to be worth anything besides toiletpaper.

Your math is correct. It's 333 trillion.
That is assuming you are not British.

 

[omegapoint]

http://www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/



heres somemore.

 

[ARealGannTrader]

Quote from Mvic:

You started with:

"But, just one of them could take one third of their fortune and make every man, woman and child in the United States a millionaire."

Now you post the nonsense about the top 17, and you are still off by a factor of around 1000.

And yet you state your opinions with such certainty and vigor.

To Cutten's point: lex parsimoniae. I tend to agree.

Mvic, it's just not that serious 2 me. If u don't get the overall point, well, so what?

 

[pookie]

Great post blsh. Thanks.