19 August 2015 AD/4 Elul 5775
A one dollar bill has a thickness of .0043 inches. Once can stack $232.56 of these bills one inch high. A stack $2,790.70 rises to one foot.
So, how big is $256,820,000 (one quarter billion dollars)? Driving distance from downtown Rockwall to Firewheel Towne Center in Garland is 18 statute miles. A horizontal stack of dollar bills would reach 17.43 miles, or almost the distance to Firewheel.
Were we to stack 256,820,000, the stack would climb to 17.43 miles, 92,027.17 feet, up there where no airplanes fly.
John Marshall said, “The power to tax is the power to destroy.”
Bond money has no magical properties. It’s a loan that must be repaid. Over many Years.
David Stockman and Harry Dent warn us of the imminent collapse
of the world economy. Click on the image to the right to view a brief video warning from David Stockman.
Is this a good time to add more tax burden on our shoulders?