30 April 2008

$832 million

That's a lot of cash. That's a lot of net cash. That's taking one hundred thousand people and giving them each US$8,320 (as of today, €5,263.32; UK£4,227.54; CHƒ8,619.52; CAN$8,427.74; etc.).

That's net profit. That's after bills and expenses. That's an enormous chunk of change that goes in the figurative pocket of just one multinational corporation. Just one.

That's pharoah money. That's emperor money. Is that unfathomable or do i just not think big enough?

That's taking eight hundred and thirty-two of yr closest friends and family and giving them each one million dollars.

I remember when i was little, Mr Joseph Arco, god rest his soul, telling me that you could bank $1,000,000 and live off the interest for the rest of your life. I wonder if that's still true. I'm pretty sure it hasn't changed much even if we are talking 35 years later.

How much does one person need to live comfortably? Every one has a different comfort level, you say. Well, i'm against the “lowest common denominator.” I'm for the highest common denominator.

I say per person annually three million US dollars -- last i looked, still the monetary yardstick. They're still pricing petroleum in US$. I say an annual three million dollars of net income in yr pocket after all expenses, taxes, investments and whatnot have been paid is “enough.” “Enough” to feed yr family, enough to pay all yr bills annually, “enough” to keep the Ferrari running smoothly, “enough” to burn yr fucking brains out with all the cocaine and heroin you could do...basically “enough” for anything. A personal jet? A 100-room estate in Seychelles? Well, hell, with an annual net income of $3,000,000, who'd ever decline your loan?

That's (as of today) €1,924,743.00, UK£1,524,353.92, ¥311,610,008.24, HK$23,382,599.83...you get the picture.

Is there still someone out there who doesn't agree? Is there someone who actually thinks that this “communist” line of thinking would stifle competition and research and development? After all, there's no incentive to do anything if you can't net more than three million dollars annually!

Would there actually be somebody who says that three million dollars net annually isn't enough? Would there actually be someone who would want US$3,000,001?

Bigger question: let's pretend that the $3 million ceiling is alright. What to do with the surplus money? Or more specifically, where does it go and how is it managed while it's waiting to end world hunger forever, fund teletransportation research, etc.? I'm still working on that one.

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