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World’s First “Trillionaire” Offers to Pay Down U.S. National Debt
heritage.org ^ | 10/4/13 | Josh Shepherd

Posted on 10/06/2013 11:04:19 AM PDT by SoFloFreeper

A restaurant manager from Tyler, Texas, briefly became the world’s first trillionaire earlier this week—until his $4 trillion bank balance was found to be an online glitch.

In an interview with KLTV, Reggie Theus said he would have used $3 trillion of his windfall to pay down the national debt.

(Excerpt) Read more at blog.heritage.org ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Political Humor/Cartoons
KEYWORDS: billionaires; debt; nationaldebt; taxes; trillionaire
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21 posted on 10/06/2013 11:52:24 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: raybbr

all the mint has to do is print up a sheet of trillion dollar bills and we’re all set.

i mean bernanke’s been doing this all along.


22 posted on 10/06/2013 11:55:36 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: SoFloFreeper; a fool in paradise
I was hoping one of the Zimbabwe trillionaires would do that for us. After all, we liberated them from the genicidal apartheid of Western colonialism!


23 posted on 10/06/2013 12:02:12 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: TigersEye

he could get a lot more bang for his buck if he spent $1Trillion on getting congress to elect all conservatives

a MEGA-PAC to help throw all democraps out- and balance the budget and gut the size of the GOVT and pay off some debt.

with a reserve fund to immediately recall any who turn out to be RINO’s


24 posted on 10/06/2013 12:34:58 PM PDT by Mr. K (Lies, Damned Lies, Statistics, and then Democrat Talking Points.)
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To: SoFloFreeper
until his $4 trillion bank balance was found to be an online glitch.

I hate when that happens

25 posted on 10/06/2013 12:36:30 PM PDT by Fzob (In matters of style, swim with the current; in matters of principle, stand like a rock. Jefferson)
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To: mountainlion

A trillion here, and a trillion there, and pretty soon you’re talking big money...


26 posted on 10/06/2013 12:48:25 PM PDT by fidelis (Zonie and USAF Cold Warrior)
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To: Revolting cat!

Given the way the government is printing money, I think there’s a good chance we all will be trillionaires in the future.


27 posted on 10/06/2013 1:07:49 PM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: Mr. K

if he did that he would be a national hero

Nope. He’d be savaged for not giving it to charity. Unless he says he’s a democrat.


28 posted on 10/06/2013 1:33:47 PM PDT by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: SoFloFreeper

I can’t even remember when I had 4 trillion dollars.


29 posted on 10/06/2013 1:40:56 PM PDT by Misterioso (Was born an atheist 76 years ago and they haven't changed my mind.)
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To: SoFloFreeper

We were so CLOSE!

BTW, what happened to that $1 trillion coin? We only need 17 of them to close the deficit!


30 posted on 10/06/2013 1:48:05 PM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: SoFloFreeper

I’ve never had more than $896,921,235,912.46 in my account.


31 posted on 10/06/2013 2:02:24 PM PDT by Conspiracy Guy (What's the frequency, Kenneth?)
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To: SoFloFreeper

How an international debt jubilee might be engineered.

Perhaps it wasn’t a glitch but a controlled software test. The government engineers a planned period of hyperinflation and then electronically “inflates” everyone’s bank accounts by a certain ratio while keeping old debts at old 2013 dollar levels. Everyone then can pay their old debts and the government institutes a special tax until the public debt is settled while everyone remains with lots of dollars in their accounts.

Sure prices are also very high but then steps are taken to withdraw “electronic” dollars from circulation and also shrink everyone’s bank accounts by a certain ratio but not to the previous levels before the “hyperinflation period” takes place. Prices will fall as there will be fewer dollars chasing goods though they will remain very high relative to the pre”hyper-inflation” period.

However, everyone one will either be millionaires or billionaires relative to what they had before the “hyperinflation” but there will be no more public and private debt...the economy will zoom. Steps are taken to harmonize with other nations who will undertake similar measures with their currencies and voila...even international debts between nations also..just vanish...poof!

The catch: Everyone has to be chipped and marked. Computers and careful regulation control industrial output and financial markets. Run afoul of the system and one is starved out and ostracized until behavioral compliance is again achieved (or one dies or is executed). No freedom as everyone must bow to the whims of those who control the system. All black markets are exposed and attempts to hack the system are squashed harshly with measures that include lethal methods and sentences.

Oh did I say that the ruling elite will be inherently fascist and ruthless. The only freedom anyone will have is to cut all electronic ties and go deep into harsh wilderness areas or regions that make it economically unfeasible to pursue a miscreant...the reasoning being that when you are hungry enough you will surface again....


32 posted on 10/06/2013 2:15:50 PM PDT by mdmathis6
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To: SoFloFreeper

$3 trillion.. almost enough for 1 yr of spending


33 posted on 10/06/2013 2:44:46 PM PDT by sten (fighting tyranny never goes out of style)
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To: SoFloFreeper
A trillion here, a trillion there, before long you're talking Obama money.

The TX trillionaire may not have enough to live on, after a few more trillions of Fed Reserve ink-on-paper dollars are printed it will take a wheelbarrow of $100 bills to buy a loaf of bread. Worthless Reichmarks brought Hitler to power in Germany, now we have our own phoney-baloney money and our own Herr Hitler II.

34 posted on 10/09/2013 9:36:41 PM PDT by epow ( "OOPS" is not in God's vocabulary.)
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