The reason they lowered the marging requirment was to get every
one in them, then in 5yrs the Govenment can pass a new capital
gains tax of 90% , just to fund the IMF, & being we will all be retried they will need this.
If not to give to Brazil then to pay
the interest on our natioal debt,
Which at this time is a mear $5,616,950,859,308.91
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Last years interest was only $363,823,722,920.26
If you were a wage earner of a family of 4,
your share of just the interest was only $5,355.38
& So far this year you have paid $1,707.15
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Here is the last 9 days till the 14th.
01/14/1999 $5,617,728,448,220.89
01/13/1999 $5,618,299,396,528.70
01/12/1999 $5,618,011,217,966.52
01/11/1999 $5,614,992,595,555.12
01/08/1999 $5,612,919,300,437.72
01/07/1999 $5,612,204,125,073.81
01/06/1999 $5,615,428,551,461.33
01/05/1999 $5,609,529,098,608.49
01/04/1999 $5,606,630,290,821.39
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9 day = $10,098,257,399.50
Allthough we will have borrow more just to pay the interest.
I won't figure that, but I will round it off to
10.01 Billion /9 = 1.1122222 Billion a day increase.
This with a Goverment budget surplus mind you.
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so each year will add another 405.96 Billion, and in 5 years
it should just be another 2.029 Trillion.
add that to the 5.617 Trillion we now have.
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You know for us to grow our GNP enoung to keep up with this
We must grow the economy at 7.2% a year
If we can do that we will at least collect enoung taxes
to pay the interest. That is if we don't run into any more
problems like a war to pay for, or some type of S&L bailout.
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Maybe the Goverment had better buy some Yahooo. |
