To: Jeffrey Epsteinl]eevacation©gmail.com]
From: Sultan Bin Sulayem
Sent: Thur 12/13/2012 6:30:56 AM
Subject: Fwd: A way to understand the REALITY of US (or UK) budget debts/ceilings
imaqe001.ipq
Sometimes humour is the ONLY way to make people realise how absurd a
developing situation REALLY is.
It is SIMPLY not Rocket Science as the Public Know BUT Politicians are
sometimes just not able to face the truth
And because they won't face the truth ...it's just going to have to get far
worse until they HAVE to.
....if you ran your household like this you would likely to end up in jail
Brilliantly explained.
This puts things into a much better perspective.
Lesson # 1:
* U.S. Tax revenue: $ 2,170,000,000,000
* Fed budget: $ 3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget: This HELPS to make it
REAL and thus understandable:
* Annual family income: $ 21,700
* Money the family spent: $ 38,200
* New debt on the credit card: $ 16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $ 38.50
Got It " 777
OK now,
Lesson # 2:
Here's another way to look at the Debt Ceiling:
Let's say, You come home from work and find there has been a sewer backup in your
EFTA_R1_00351973
EFTA01913753
neighbourhood....
...and your home has sewage all the way up to your ceilings.
What do you think you should do...
Raise the ceilings, or remove the sh*t?
DISCLAIMER*********
******************* ****************
This email and any files transmitted with it are confidential and contain privileged or
copyright
information. If you arc not the intended recipient you must not copy, distribute or use this
email
or the information contained in it for any purpose other than to notify us of the receipt
thereof.
If you have received this message in error, please notify the sender immediately, and delete
this
email from your system.
Please note that c-mails arc susceptible to change.The sender shall not be liable for the
improper
or incomplete transmission of the information contained in this communication,nor for any
delay in
its receipt or damage to your system.The sender does not guarantee that this material is
free from
viruses or any other defects although due care has been taken to minimise the risk.
************************************************************************
**************************
EFTA_R1_00351974
EFTA01913754