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	<title>Comments on: Billion vs 1,000 Million</title>
	<atom:link href="http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
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		<title>By: Garth Farkley</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155716</link>
		<dc:creator>Garth Farkley</dc:creator>
		<pubDate>Sat, 21 Mar 2009 21:17:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155716</guid>
		<description>I don&#039;t know if I get it or I don&#039;t get it.  

But in California, Penal Code Section 288 is punished by state prison if the crime takes 30 seconds or 8 hours.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t know if I get it or I don&#8217;t get it.  </p>
<p>But in California, Penal Code Section 288 is punished by state prison if the crime takes 30 seconds or 8 hours.</p>
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		<title>By: bman</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155631</link>
		<dc:creator>bman</dc:creator>
		<pubDate>Sat, 21 Mar 2009 15:57:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155631</guid>
		<description>@Thomas, get a grip.  

@Franklin411, That&#039;s the spirit!  Although I&#039;m on &#039;Wooden Stakes&#039; this week.</description>
		<content:encoded><![CDATA[<p>@Thomas, get a grip.  </p>
<p>@Franklin411, That&#8217;s the spirit!  Although I&#8217;m on &#8216;Wooden Stakes&#8217; this week.</p>
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		<title>By: ben22</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155616</link>
		<dc:creator>ben22</dc:creator>
		<pubDate>Sat, 21 Mar 2009 14:36:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155616</guid>
		<description>Here is a number for everyone, I just read that George W. Bush is charging $150k a pop for speaking events.

Who in the hell would pay $150k to hear him speak, and this was for a business conference no less!</description>
		<content:encoded><![CDATA[<p>Here is a number for everyone, I just read that George W. Bush is charging $150k a pop for speaking events.</p>
<p>Who in the hell would pay $150k to hear him speak, and this was for a business conference no less!</p>
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		<title>By: AGG</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155551</link>
		<dc:creator>AGG</dc:creator>
		<pubDate>Sat, 21 Mar 2009 01:18:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155551</guid>
		<description>This snippet from the market ticker web site:
Countrywide was also a focus of attention Thursday in Washington, where Rep. Darrell Issa (R-Vista) released a 63-page report detailing the company&#039;s practice of giving discounted mortgages to influential people, particularly key lawmakers, staffers and other government officials. 

In Iraq they chased down everyone related or connected to Sadam somehow. The reason they don&#039;t do it here starteing with Hank Paulson is because &quot;Hank&quot; is still in charge. The AIG and many other things going on NOW in our government are all of a piece. It&#039;s a vicious defence of RHIP (rank hath its privilege). It&#039;s ripping our country apart because the ottos of this country don&#039;t think there is a problem.

Several TRILLION spent on elite entitlements (Grand larceny in a real world) and Obama is concerned about medicare and social security costs? Give me a fucking break!</description>
		<content:encoded><![CDATA[<p>This snippet from the market ticker web site:<br />
Countrywide was also a focus of attention Thursday in Washington, where Rep. Darrell Issa (R-Vista) released a 63-page report detailing the company&#8217;s practice of giving discounted mortgages to influential people, particularly key lawmakers, staffers and other government officials. </p>
<p>In Iraq they chased down everyone related or connected to Sadam somehow. The reason they don&#8217;t do it here starteing with Hank Paulson is because &#8220;Hank&#8221; is still in charge. The AIG and many other things going on NOW in our government are all of a piece. It&#8217;s a vicious defence of RHIP (rank hath its privilege). It&#8217;s ripping our country apart because the ottos of this country don&#8217;t think there is a problem.</p>
<p>Several TRILLION spent on elite entitlements (Grand larceny in a real world) and Obama is concerned about medicare and social security costs? Give me a fucking break!</p>
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		<title>By: gordo365</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155528</link>
		<dc:creator>gordo365</dc:creator>
		<pubDate>Fri, 20 Mar 2009 22:06:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155528</guid>
		<description>This is the real story.  AIG owes us $170B.  I don&#039;t care how much they pay people if they pay us back.  If the $170B is sunk cost, never to be returned, then we need more pitchforks and torches.</description>
		<content:encoded><![CDATA[<p>This is the real story.  AIG owes us $170B.  I don&#8217;t care how much they pay people if they pay us back.  If the $170B is sunk cost, never to be returned, then we need more pitchforks and torches.</p>
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		<title>By: Thomas</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155492</link>
		<dc:creator>Thomas</dc:creator>
		<pubDate>Fri, 20 Mar 2009 20:48:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155492</guid>
		<description>“...a night with her (your daughter).”

Say what?!?

Who is this Bradman pervert? Is he an AIG employee?

Barry,  I think it is your moral responsibility to call a child protection services and report the pervert. If you do not report him, you will be charged with accessory to child abuse.</description>
		<content:encoded><![CDATA[<p>“&#8230;a night with her (your daughter).”</p>
<p>Say what?!?</p>
<p>Who is this Bradman pervert? Is he an AIG employee?</p>
<p>Barry,  I think it is your moral responsibility to call a child protection services and report the pervert. If you do not report him, you will be charged with accessory to child abuse.</p>
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		<title>By: super_trooper</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155409</link>
		<dc:creator>super_trooper</dc:creator>
		<pubDate>Fri, 20 Mar 2009 18:28:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155409</guid>
		<description>&quot;Sip of wine and 30 seconds with the daughter&quot;
Sounds like she&#039;s loose....... and quick</description>
		<content:encoded><![CDATA[<p>&#8220;Sip of wine and 30 seconds with the daughter&#8221;<br />
Sounds like she&#8217;s loose&#8230;&#8230;. and quick</p>
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		<title>By: mknowles</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155408</link>
		<dc:creator>mknowles</dc:creator>
		<pubDate>Fri, 20 Mar 2009 18:26:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155408</guid>
		<description>Regarding context, take the homeowner who is losing their home. Maybe they make $60K-100K a year. $160 Million in bonuses would help allot of those people. When looking at it from this POV, $160 Million is allot of money. You could help 800 homeowners reduce their principal by $200,000 (I live in the Los Angeles area where home prices are still through the roof compared to the rest of the country) or 3,200 people reduce their principal by $50,000.</description>
		<content:encoded><![CDATA[<p>Regarding context, take the homeowner who is losing their home. Maybe they make $60K-100K a year. $160 Million in bonuses would help allot of those people. When looking at it from this POV, $160 Million is allot of money. You could help 800 homeowners reduce their principal by $200,000 (I live in the Los Angeles area where home prices are still through the roof compared to the rest of the country) or 3,200 people reduce their principal by $50,000.</p>
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		<title>By: Bill Werner</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155404</link>
		<dc:creator>Bill Werner</dc:creator>
		<pubDate>Fri, 20 Mar 2009 17:53:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155404</guid>
		<description>To understand the outrage you have to consider what the medain household income in the US is.
In 2008 the Median HH Income was $48,000

So we end up with 

Bail out              $170,000,000,000
Bonuses                       $165,000,000
Median HH Income            $48,000 

OMG the masses have awoken from their American Idol Slumber 
and tuned in to the greatest show on earth.
But the storm will pass 
and she will be back at Idol 
and he at his bar games 
or whatever</description>
		<content:encoded><![CDATA[<p>To understand the outrage you have to consider what the medain household income in the US is.<br />
In 2008 the Median HH Income was $48,000</p>
<p>So we end up with </p>
<p>Bail out              $170,000,000,000<br />
Bonuses                       $165,000,000<br />
Median HH Income            $48,000 </p>
<p>OMG the masses have awoken from their American Idol Slumber<br />
and tuned in to the greatest show on earth.<br />
But the storm will pass<br />
and she will be back at Idol<br />
and he at his bar games<br />
or whatever</p>
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		<title>By: ckapilla</title>
		<link>http://www.ritholtz.com/blog/2009/03/billion-vs-1000-million/comment-page-1/#comment-155400</link>
		<dc:creator>ckapilla</dc:creator>
		<pubDate>Fri, 20 Mar 2009 17:38:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=22186#comment-155400</guid>
		<description>I&#039;m of two minds on this -- I share the concern of how lightly the difference between &#039;m&#039; and &#039;b&#039; and &#039;tr&#039; get interchanged in front of a &#039;illion&#039;,  but I really resent the high-handed opinions of many that therefore we should just fogedah bout  it, that these bonuses don&#039;t matter. Of course they matter, and we can do something about them, AND we can do something about the b&#039;s and tr&#039;s.</description>
		<content:encoded><![CDATA[<p>I&#8217;m of two minds on this &#8212; I share the concern of how lightly the difference between &#8216;m&#8217; and &#8216;b&#8217; and &#8216;tr&#8217; get interchanged in front of a &#8216;illion&#8217;,  but I really resent the high-handed opinions of many that therefore we should just fogedah bout  it, that these bonuses don&#8217;t matter. Of course they matter, and we can do something about them, AND we can do something about the b&#8217;s and tr&#8217;s.</p>
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