Thursday, September 25, 2008

One K20D for every man, woman and child on the planet!

You would have to live in a cave not to know about the bailout of the financial institutions proposed by the government of the United States of America.

The proposed sum is seven hundred billion dollars. That's 700 followed by nine zeros ($700,000,000,000). If you look at the national debt of the USA, it ranges between seven to nine trillions dollars, depending on where you get the information. One trillion is 1 followed by twelve zeros (1,000,000,000,000)

I was trying to come up with a tangible example to show what one trillion dollars represents. Well, if you were born at the same time as Jesus Christ, and still living today, you would have had to save roughly $1,365,000 (that is 1.365 million dollars) every day to have one trillion dollars today, give or take a few thousands. (That is not counting any accrued interest)

Another way to look at this is that seven hundred billions dollars could purchase a K20D ($1,200) for roughly 583 million people. That is enough to purchase a K20D for every man, woman and child in America, plus a great Pentax DA* lens to go with it.

Now, assuming that the national debt is at nine trillion dollars, that would be enough to purchase 7.5 billion K20Ds, which would equate to one K20D for about every man, woman and child on planet earth. However, they would have to skip the DA* lens.

That would surely put Pentax on the map!

How did we ever get to this position?

Thanks for reading.

P.S. I am not advocating any political preference herein, just stating facts. You either cry, laugh or joke about it. I'm doing all three!

Yvon Bourque
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