NEW ECONOMIC PLAN

I received this from a friend who has been working in the finance industry, quite successfully, for more than 40 years and has owned his own lending institution.

I'm against the $85,000,000,000.00 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 18+.Our population is about 301,000,000 +/- counting every man, woman, and child. So 200,000,000 might be a fair stab at adults 18

and up. Divide 200 million adults 18+ into $85 billion; that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a  *We Deserve It*Dividend. Of course, it would NOT be tax free.  So let's assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam. But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife or two partners has $595,000.00.What would you do with $297,500.00, or $595,000.00 in your family?

 

Pay off your mortgage? housing crisis solved.

 

Repay college loans? what a great boost to new grads

 

Put away money for college? it'll 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 parents' medical insurance? health care improves

Enable Deadbeat Dads to come clean? or else

 

Remember, this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman 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 $1000.00 ( vote buy ) economic incentive

that is being proposed by one of our candidates for

President. If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!

 

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.

Remember: *We deserve it and AIG doesn't*.

Sure, it's a crazy idea that can 'never work.' But can you imagine the Coast-To-Coast Block Party! How do you spell *Economic Boom*?

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 DC.

And remember, The plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.

New Prime Number

Interesting, but why??? A subject to investigate.

LOS ANGELES —  Mathematicians at UCLA have discovered a 13-million-digit prime number, a long-sought milestone that makes them eligible for a $100,000 prize.

The group found the 46th known Mersenne prime last month on a network of 75 computers running Windows XP. The number was verified by a different computer system running a different algorithm.

"We're delighted," said UCLA's Edson Smith, the leader of the effort. "Now we're looking for the next one, despite the odds."

It's the eighth Mersenne prime discovered at UCLA.

Primes are numbers like three, seven and 11 that are divisible by only two whole positive numbers: themselves and one.

Mersenne primes — named for their discoverer, 17th century French mathematician Marin Mersenne — are expressed as 2P-1, or two to the power of "P" minus one. P is itself a prime number. For the new prime, P is 43,112,609.

Thousands of people around the world have been participating in the Great Internet Mersenne Prime Search, or GIMPS, a cooperative system in which underused computing power is harnessed to perform the calculations needed to find and verify Mersenne primes.

The $100,000 prize is being offered by the Electronic Frontier Foundation for finding the first Mersenne prime with more than 10 million digits. The foundation supports individual rights on the Internet and set up the prime number prize to promote cooperative computing using the Web.

The prize could be awarded when the new prime is published, probably next year.

1 st. Presidential Debate

I have been avoiding saying anything directly about the two remaining presidential contenders on purpose. I had hoped to provide fair analysis of their potential for leadership, although my background and experience weighed heavily towards Sen. McCain. 

The first debate showed really vast differences in maturity and knowledge between the two.  Sen. McCain has a knowledge of recent history that Sen. Obama lacks. This factor alone makes Sen. McCain the best choice. The relevant experience level of the two was shown in favor of Sen McCain as well. 

Mc Cain was poised while Obama was nervous and often times unsure and hesitent.

Next, Mc Cain actually answered some of the questions directly while Obama drew back and veered into his campaign rhetoric in order to fill his time allotment. One of the biggest telling points on this was answering the question on what might have to be delayed or cut due to the impact of the bailout proposal: McCain said we might have to freeze all but essential programs; Obama said something akin to we would have to see based upon the time, but, he was reluctant to name any specific cuts.

Finally, I am most concerned that Sen Obama would be willing to start a war due to unilateral invasion of a country; especially one that has nuclear weaponry. Hopefully, his advisors would hold sway against such action. Also, he should look at the history of European powers military experiences in the region first.

I hope that others will pick up and understand the big differences between the two.

Cambridge Clock update

Per the requests of my many fans, I did find a somewhat obscured photo of the clock. The original article did not show it.

The Cambridge Clock

This version (unusual clocks) does appear to be very interesting.

LONDON - Most clocks just tell time, simply and reliably. Not the $1.8 million "time eater" formally unveiled Friday at Corpus Christi College in Cambridge.

The masterpiece, introduced by famed cosmologist Stephen Hawking, challenges all preconceptions about telling time. It has no hands or digital numbers and it is specially designed to run in erratic fashion, slowing down and speeding up from time to time.

Inventor John Taylor used his own money to build the clock as a tribute to John Harrison, the Englishman who in 1725 invented the grasshopper escapement, a mechanical device that helps regulate a clock's movement.

Making a visual pun on the grasshopper image, Taylor created a demonic version of the insect to top of the gold-plated clock face where it devours time.

The beast - with its long needle teeth and barbed tail- rocks back and forth, ultimately inserting its talons in notches at the top of the clock to move it forward. Halfway through the minute the grasshopper's jaws begin to open, snapping shut at 59 seconds.

"Time is gone, he's eaten it," said Taylor, who calls the oversize grasshopper "Chronophage," which translates to "time eater."

"My object was simply to turn a clock inside out so that the grasshopper became a reality," Taylor said.

At the unveiling, Hawking predicted the creature atop the clock would become "a much-loved, and possibly feared, addition to Cambridge's cityscape."

Taylor said he also hopes the clock will remind people of their own mortality.

Rather than having it toll the hour by a bell or a cuckoo, the clock relies on the clanking of a chain that falls into a coffin, which then loudly bangs closed.

"I'm in my early 70s and I realize that time is a destroyer," Taylor said in a telephone interview. "When you're a young person you think there is plenty of time.

"The sound was to remind me of my mortality."

The clock, four feet in diameter, displays time using light-emitting diodes. The light races around the outer ring once every second, pausing briefly at the actual second; the next ring inside indicates the minute, and the inner ring shows the hour.

The lights are constantly on, the apparent motion regulated mechanically through slots in moving discs.

Weirdly, the clock's pendulum slows down or speeds up. Sometimes it stops, the chronophage shakes a foot and the pendulum moves again.

Because of that, the time display may be as much as a minute off, although it swings back to the correct time every five minutes, said Taylor.

"There are so many expressions in everyday life about time going fast, time going slow and time standing still. Your life is not regular, it's relative to what's going on," Taylor said.

He cites Albert Einstein's observation: "When a man sits with a pretty girl for an hour, it seems like a minute. But let him sit on a hot stove for a minute and it's longer than any hour. That's relativity."

The clock is the showpiece of Corpus Christi's new library, also a gift from Taylor. His wealth comes from inventing controls for electric tea kettles, inventions which he estimates are used 1 billion times a day around the globe.

"I'm an inventor so I try to do things different to the way they've done before," Taylor said.

"Clocks are boring. They just tell the time, and people treat them as boring objects," he added. "This clock actually interacts with you, because you don't expect a clock to do anything."

I have been tagged by Keith and, in order not to break the chain (and also since I read his blog the most & would not wish to be banished) This is my entry

1. Post these rules in the blog

2. Write 6 random things about yourself

3. Tag others (no specific quantity of people)

4. Upon being tagged, perform as directed

5. Not carying the tag along could be personally humiliating

1. I have high ideals and an extreme sense of personal honor

2. I am an extreme procrastinator(I do plan on joining the club any day now)

3. I have a large number of words and thoughts in my head but cannot spell very well; which inhibits my ability to communicate.

4. I care

5. I know a little bit about a lot of things (sounds like an old song!!) but do not know many who have an opinion or thought about  things that I like.

6. Most of my role models are no more which saddens me.

Now; as for tagging others, It is difficult for me to do this since: I do not know who reads this blog; and I do not know how to send someone the message.