Author: admin  |  Category: Consumer, Life, Observations, Politics  |  Comments (0)  |  Add Comment

Late last year my wife and I came to the conclusion that we would have to file for bankruptcy.  She was laid off in June of 2008 and my company had halted many benefits including overtime and pay raises, all due to the economy.  I know, a lot of people reading this now are rolling their eyes at me, probably even labeling me as “irresponsible” and “greedy”.  This is not the case.

When we moved to south Florida all we could really afford was a town home, it was the second cheapest property we found here (the cheapest was a “fix-er-upper”).  The home was a good deal, newly refurbished (the previous owner bought it as a fix-er-upper), all new appliances except the AC unit and we needed to purchase a washer and dryer.  Everything else was new and up to code.  Since then we’ve had to buy a new car (ended up with a Kia Rio Cinco), a new air conditioner, plus a couple of thousand dollars defending ourselves from an oppressive HOA.  We never lived a lavish lifestyle (no luxury cars, no big screen TVs, no long vacations).  We tried to do things the right way and unfortunately the economy caught up to us – the tipping point of our finances was when I needed to use a credit card to pay for basic things like food (and not being able to pay off the balances).

We started talking to our attorney in December of 2008 (who has been great throughout the process, even after the filing).  We couldn’t afford it at the time but probably could in a month or two.  He gave us information on online courses we’d need to take before filing.  The courses cost money but the good news is that the University of Nebraska (one of their departments) is doing a study.  You take a survey before and after the course and they’ll pay you $35 (the course was $20 or $25).  There was also the option to take another survey three months down the road for another $20.  Yes, you’ll make money with this.

During the time we gathered what paperwork we needed.  The attorney stated that we were a classic example of people who should do chapter 7 bankruptcy (all assets liquidated but the slate is completely clean.  This is unlike chapter 13 where you keep everything and the court sets up a payment plan to repay all of your debts).  The rules were simple for chapter 7:  You had to make less than a certain amount in the past 6 months.  My wife’s unemployment and my pay were way below this.  We could only keep $1000 worth of “stuff” each (worth in the resell or used market).  Since we never bought high end luxury items – we were also well below this.  We were also allowed to keep $1000 worth of cash each.  Again, the only time we saw that many digits in our bank accounts is when I had to send out a mortgage payment.

One advantage of Florida bankruptcy laws (I don’t know about other states) is that you can “reaffirm” secured debts – mortgage(s), car payments, and so on.  We reaffirmed the car loans and the mortgages on our home.  Since what we owned on them was close to what they were worth we could keep them as long as we kept our payments current.

We officially filed in January of 2009 – once the paperwork was signed and submitted all creditors were not allowed to contact us and we were to forward all correspondence to our attorney.  He said it could take up to a week for them to get the word so give it a week for the phone calls to stop and 2-3 weeks for the letters to stop.  All debts incurred before this were put on hold (except reaffirmed debts) and any money we made afterwards were inaccessible to creditors (technically if we won the lottery the next day they couldn’t touch it).

Our appointment with the creditors was in March.  This was a lot less intimidating / stressful than I thought it was.  We sat in a room with other people filing and there was a table.  We sat at the table with the attorney and the “creditor” (someone assigned for your creditors).  They ask some basic questions, ask for ID (drivers license).  The whole process was over in less than 15 minutes (I was expecting at least an hour).

The final part of the process was when we got a letter in the mail sometime in late May, 2009.  All of our debts were discharged (in long-worded legal mumbo-jumbo, we had to call our attorney to find out exactly what it meant).  Our slate was clean and we didn’t have to look back anymore.  I honestly wish we didn’t have to, but it was great to be able to breathe a sigh of relief from all of this.

This is something I’d never want to go though again but I am glad it is over with and I’m glad ours went smoothly.  Yes, I am sure our credit score took a large hit on this but we haven’t needed to apply for any loans or credit cards recently.  We’ve been able to meet our expenses with our bank check cards and even, on occasion, go out to see a movie.

I do have some pointers for people contemplating filing for bankruptcy.

1)    Consider all your options.  Is it worth filing or not?  There is the expense and the hit on the credit score to consider, and the possibility of losing things like your house, car, and any expensive luxury items you may have.

2)    Hire an attorney and ASK QUESTIONS.  There are little things here and there that will confuse any average person.  If you hired an attorney, this is exactly why you hired him – ask away.  Be 100% sure you understand everything before you sign anything.  They’ll even go through your credit reports with a fine tooth comb with you – if anything looks odd, ASK!

3)    Educate yourself.  Going back to #2 – ask the attorney any questions you have.  Look on the internet for information regarding bankruptcy.  Learn how money and credit work.

4)    Build up a small stash of cash.  No, I’m not saying hoard tens of thousands of dollars but you should have a small stash incase something happens – car repairs, new appliance needed etc.  You should have one built up anyway but if you do not – start now.

5)    Throw out those pre-approved credit card applications.  You can’t file for another 10 years and they know this.  You don’t want to get stuck in the same situation you were before and the banks know people will be tempted with pre-approved applications.  Just throw them out.

6)    Keep up to date with bills that are not on your credit – especially when your home is involved.  Reaffirmed mortgages, association fees, taxes – all of these are NOT covered by bankruptcy but they can take your home if you do not pay them.  Even though utilities cannot take your home, living without them can be a pain.

7)    Start a financial plan.  Budget all of your expenses and build up a plan to start saving – put as much as you can afford to into your savings, even up your 401K contributions or if you have direct deposit, have some of it go straight into a savings account.  Bank of America offers “keep the change” – if I charge $7.25 on my check card, they’ll take $8 out and put the other $0.75 into my savings account.  I know it doesn’t sound like much but it is turning out to be about $20 a month for the little I use my card.

8)    Recover and move on.  Once the filing is done, the meeting is done, and the process is over with, reevaluate your situation and plan for the future.  If you do decide to get a credit card to help build your credit back up, get one with as low of a balance as possible.  Charge some things on there but pay the balance off in 2-3 months.  Don’t get over your head (again).  Be very wise about your money. giveaway!

Author: admin  |  Category: Uncategorized  |  Comments (0)  |  Add Comment

A friend of mine form DNF is giving away a ( domain!  Read about it here:

How to be a good tech.

Author: admin  |  Category: Business, Consumer, Observations  |  Comment (1)  |  Add Comment

I’ve written a few posts about bad users, clients, customers, and whatnot.  This has gotten a few people to email me that not all users are bad and that there are some bad techs out there.  This, I fully agree.  I’ve worked with some in the past.  Just as there are good users and bad users, there are good techs and bad techs.

That’s why I’m dedicating this post on how to be a good technician.  This is going to be a surprise to a lot of techs out there but it is not based on what you know.  Seriously.  While I do admit, being able to solve the user’s issue in a minute does help, it’s not the end all to customer satisfaction.

First – and most important:  LISTEN.  That is a human you’re interacting with.

I don’t mean sit and listen to a 30 minute rant at how they are terrible with computers, they always have problems with computers, and Microsoft is in existence just to make their lives difficult.  When they are describing the issue to you, listen to them, make eye contact.  Don’t just plop down in front of their computer and start taping away at the keyboard – that will make you look like a robot (and that’s only OK if you’re JP from “Grandma’s Boy” – but even he was annoying).  Plus, this makes the user feel like a number as opposed to a person.

Listen to their concerns, don’t be afraid to ask questions (believe it or not it does not make you look incompetent, in fact, it makes it look like you are paying attention!), even repeat what the user said to make sure you understand what they are saying.

Second – don’t rush the job.  Yes, some issues only take a minute or two to fix but many don’t.  Don’t try to fly through it.  Take your time.  If you rush, the chances of you making a mistake are greatly increased.  Even double check your work if you need to.  This leads right into:

Third – Make sure you have resolved the issue, if possible.  Sit down with the user, explain to them what you did (in non-technical terms), and have them verify that the issue has been resolved.  If they couldn’t print, have them send something to the printer.  If they couldn’t access a site, have them access it.  One of the worst feelings I get is when I get a repeat user with the same issue and it’s because I didn’t solve it the first time.

Next – I’ll let you in on a little secret – build up a good and solid network.  If I find myself with an employer for more than 2-3 months, I start building up a network (and not just those I directly work with).  Get to know people, even if it is purely virtually (though email, phone calls, IM etc..).  When you get these connections established, don’t be afraid to help them out if they ask for help, most will quickly return the favor when you need help in the future.  Plus, the more people you know, the more people you have to ask for good letters of recommendations when it comes time to ask for a raise or promotion.  :)   Building up a network does NOT mean you’re kissing their rears, too.  No one likes a kiss-ass.

Keep in touch with that network.  As long as you do this, your network will grow.  Yes, people will leave but others will come into the groups.  Your group will grow and the knowledge base of the group will grow with it.  Even if you’re alone there are many techie sites out there that you can join for quick answers (for example, Windrivers –

Also, it’s not about what you know but can you find the answer?  I worked with a guy once who had his CCNA, MCSP, MCP+I, A+, N+, and graduated “with honors” from a local well known computer school.  Let’s just ay he spent over 10 minutes arguing with a customer (over the phone) claiming that they knew nothing about computers since they didn’t know what operating system they were running and he couldn’t help them.  He never heard of Windows 3.1 (and this was back in 2000).  Now, who do you think the customers would rather deal with – him, who didn’t even know how to install drivers but had that education, or me with no education but someone who would be willing to jump onto or ask a few co-workers for the answers?

Don’t be an arrogant jackass.  This is one of the biggest complaints.  Seriously, you’re talking to a human.  Just because you know (allegedly) know more about computers than they do doesn’t mean you can treat them like bubblegum under your shoe.  I’m sure there are areas they could whoop your rear in, sales, engineering,and  SOCIAL SKILLS.

Be presentable.  Don’t go to work dirty in raggedy clothes.  Well, this might be OK in a surf shop or a grunge store but not many techs work there.  Adhere to the dress code (my office is business causal, I either wear nice jeans or khakis and a polo shirt), shower, etc.

Respect their time.  Yes, I’ve said people need to respect the techs time but techs need to respect the customer’s time, too.  They are your customer, even if they aren’t directly paying you.  Just because you just logged onto World of Warcraft doesn’t mean you can tell everyone to wait.  They have things to do or else they wouldn’t need the computers.

Don’t be the militant police.  Every day I see software on computers that shouldn’t be on there (including mine) but I understand that corporate either gives us horrible options for what we need or no option at all.  Unless it is a security risk (torrent software, etc..), a resource hog and shouldn’t be there (once I found someone had installed Pirates of the Caribbean online on their computer) , or has absolutely no business on a work PC (porn), I don’t care.  So what they have TradeWinds Legends on their computer.  So what if they have iTunes.  I don’t care as long as they fully understand I will not support them and will not reinstall them if I need to reinstall Windows on their PCs (and I will let them know if that is causing the issue, too).  I did once report that some employees were using a hacker site to go around the internet firewall while working in the stores.  My issue with that:  they’re allowing you to see the whole internet, what do you think you’re allowing them to see on your computer that has complete access to all of our customers’ information?  Trust me; I’m willing to bet you have skeletons in your closet, too.

I’m sure there is a lot more I could write on this subject but it’s a Friday evening (and I’m blogging?), it’s been a long week, and David Byrne’s film “True Stories” just came in and I want to watch it.  :)

I saw Star Trek this weekend (in iMax)- no spoilers

Author: admin  |  Category: Observations, Rant  |  Comments (2)  |  Add Comment

Don’t worry – I won’t give away any spoilers.

I really liked the movie (as a Star Trek fan) and my wife enjoyed it a lot, too (and she doesn’t like Star Trek).  The cast was great – Scotty and Bones were perfect but Checkov was a little too much (they stressed too much on his accent (remember “Vere are the nuclear wessles?”).  Spock and Kirk were also pretty good.  It is a great action film (more action than your average Star Trek film) and great special effects.  I saw it in iMax and it was very impressive.  And yes, Kirk gets a green alien woman (OK, so I lied about the spoiler, but I promise this is the only one and the long time fans will enjoy this).

But – this isn’t about the movie.  I had some assholes behind me in line poking fun at the people dressed in Star Trek gear (mostly TNG / DS9 / VOY uniforms – no aliens that I noticed).  Sorry, but get a life assholes.
First – do they make fun of you when you go to your favorite sports team with your face painted in their colors, your favorite player’s number painted on your chest, dressed in their uniform, and yelling and screaming all the time?  Do they make fun of you because of the way you dress when you go clubbing?  No.

Take a look at yourself – you look ridiculous, seriously, but they don’t make fun of you.  They understand that is your thing, your vice.  You enjoy dressing like that to show your support for your team, your player, your clubbing tradition.

This is their thing – they’re Trekkies (a.k.a. Trekkers).  They love the shows and show their support by spending money on uniforms.  Don’t worry; they don’t dress like this every day.  In fact, unless you knew they did it, you wouldn’t know about it if you met them on any other day that wasn’t a Star Trek movie or some sort of Sci-Fi convention (well, maybe Halloween, too).

We all have our thing where we dress very differently from what we would dress like on a regular basis.  Just because their thing is Star Trek, don’t put them down.  They’re obvious big fans of the franchise and are very happy they are going to see another film.  The last thing they need is some asshole acting like, and with the mentality of, a middle school bully.  Grow up.

Star Trek has given us a lot – it gave many inventors “great ideas” that are a reality today, many we take for granted.  It’s inspired generations of inventors, engineers, entertainers, and scientists which all contribute to the popularity of your own “things”.  If you’d like, I could include a list in a future post.

FPL – you’re funny.

Author: admin  |  Category: Business, Consumer, News, Observations, Rant, Thoughts  |  Comments (0)  |  Add Comment

About a week ago I called FPL (Florida Power & Light – our electric company) about electric arcing from the wires to a palm tree in front of my house.  In my call with them they said it could take up to 21 days before someone came out to look at it.  You can imagine I wasn’t too happy considering the severity of the situation and how this was a fire hazard to my home and family.

This morning I noticed a pamphlet on my door from FPL – I looked at and was shocked at what I saw.

Wait did I read that right? Seriously, I misread it, so I took a closer look:

Yes, I was not reading it wrong. Their comments were “No current hazard, palm fronds are burned away from wires” (nice pun, by the way). So, there is no hazard because there was already a fire and it was burned away from the wires. Now, I’m no alarmist but when I saw the arcing, I was estimating it was between 6-12 inches long. That’s a lot of power – most armature Tesla coils don’t even go out that far.

Mind you, this is a company that owns and operates multiple nuclear power plants. I can see FPL now, as an online buddy of mine put it, “Oh meltdown, it’s one of those annoying buzzwords. We prefer to call it an unrequested fission surplus”. Can’t wait to see them use that one at Turkey Point or in Seabrook, NH.

What will FPL do next? can’t top this.

Author: admin  |  Category: Toys  |  Comments (0)  |  Add Comment

First of all, I love the site – they have some of the best stuff on the internet. With that aside, I do not know how they will top this one.

You know how sometimes, people will say something like “I don’t give a flying f*ck!” well thanx to Think Geek, now you can!

Think Geek’s Flying F*ck!

Yes, this is a flying remote control helicopter but instead of the body, it’s the word F*CK (uncensored, of course).

It has a 10 minute charge time, 7 minute flying time so you don’t have to not give a flying f*ck for very long inbetween charges!

Attention Domain owners: Emails from “DomainNotice”!

Author: admin  |  Category: Consumer, Domains, Internet, Security  |  Comments (0)  |  Add Comment

It seems that there is a huger harvesting of domains going on right now and a company called “DomainNotice” is sending out email. Plain and simple – this is a scam.

They offer to keep your site indexed by “search engine” (what, they don’t even know Google?) and if you do not pay them $75 for 1 year, it will not be searchable by search engines.

This is completely FALSE. Unless your site is black flagged by Google (or any search engine), you do not need to resubmit your site to them. It will remain indexed for as long as your site is indexable. You can re-submit your sites to Google, and that is FREE.

These emails are a scam – do not respond to them, do not fax the paper to them. Just flag the email as spam.

Here are the links to where you can do this for free, one time:

The Great Fake Recession

Author: admin  |  Category: Politics, Rant  |  Comments (0)  |  Add Comment

Yes, I am officially calling this “the Great Fake Recession”.  It seems that this recession (or depression if you want to call it that) is a fake one.  No, its not in our minds, we see the layoffs every day, people spending less, and so on but I don’t think this is any normal cycle.  I think this is a deliberate attempt to sabotage our economy just so the elite few can benefit from it.  I also think I know who we can blame for it 0 the people who are benefiting from it the most today – banking executives (and other high end investors / executives).

Take a step back though the past few decades.  Though the 80s we saw growth in the US faster than anything before.  Banks were able to invest in businesses and get a good return on their investments.  This lasted all though the 80s and got a small boost in the early 90s with the first gulf war.  Times were great to be an investment banker.

Then came the 90s, physical growth slowed down (well, didn’t grow as fast) but with the exploding popularity of the internet banks were again able to invest small amounts of money into virtual companies (a.k.a. .coms) and get a huge return on their investments.  The banks also invested in “sub prime” mortgages – approving high interest mortgages to people that they knew couldn’t afford them and continue to do this though today, thus making them a lot of money.

The .com bubble burst in 2000 / 2001 and the terror attacks of Sept 11, 2001 showed the vulnerability of the stock markets but real estate skyrocketed.  People wanted to move out of cities and into the “safer” suburbs.  This allowed the banks a golden opportunity – allow many more people mortgages that they know the people couldn’t afford but get huge returns on them.

The banks aren’t stupid and know damn well what was going to happen next and were prepared for it.

Starting after the housing bubble’s height in 2006, things started to catch up to the people.  People started to not afford their mortgages and defaults started to come in.  Not many, but probably more than the banks expected.  Don’t worry, they now own these houses and could sell them, right?  We all know what foreclosures do to property values.  Values are based on recent home sales so if homes in your neighborhood have been selling for $150,000 and then all of a sudden have several selling at foreclosure for less then $25,000 values plummet.

All of a sudden, people had no equity in their homes to borrow off of, many homes even had negative equity (you owe $150,000 on a home worth $100,000).  Banks used this as an excuse to curb lending – not lending out anywhere near as much money as they used to.  This prevented people from getting homes, cars, and other high ticket items that they wanted or needed, including businesses.

Banks started to hoard money.  Its interesting how banks claim they are going to fail because a small percentage of their loans were defaulted but they used this excuse to lend out even less money.  Large businesses were refused loans so they couldn’t buy inventory or give raises.  People spent less money and we all know this vicious cycle.

I know, people can say this is all speculative but here’s the coup de tat:

Banks started to ask for bailouts form the federal government and they got them.  Banks knowingly made bad investment and lost billions of dollars but our government still bailed them out.  So, what did they do with the money?  Hmm..

We see the news every day.  Bank executives getting bonuses worth more than all the money most of us will see in our lifetimes, they go on lavish vacations and give themselves pay raises.  The hoarding continued in many other industries and then these companies complained that they had no money – and got bailed out from the government.  The banks then ask for more money, and then give out more bonuses and vacations.  Just look at AIG – they’re asking for a third round of bailouts after giving out bonuses to executives who no longer work for them.

So- when could it have started?  I’m thinking it started around 2002-2003 when the banks realized that nothing was safe to invest in.  Large corporations probably started the massive hoarding sometime in 2005-2006.  I seriously think this whole thing was planned but I think these corporations really screwed themselves because the economy is now far worse than they expected it to be, and we need to pick up the tab.

So, businesses are playing with our money, losing our money, then asking the government to give them more money because they can’t manage their own finances.  Nice, and I’m still waiting for my bailout.

Dear “my” Federal Government:

Author: admin  |  Category: Observations, Politics  |  Comments (0)  |  Add Comment

I don’t even know who to address to.  President Obama?  My senators and congressmen?  The secretary of the treasury (Timothy Franz Geithner), Uncle Sam?

Since I don’t know, I am putting my request in the best place I can think of – the internet.

We see on the news every day how large corporations are crying poor and how they’re laying off tens of thousands of workers every day.  We see them begging for help from the government and the government is hading out BILLIONS of dollars to these people.  We also see how the executives for most of these companies take these billions and selfishly stash it away in their banks, they sill go ahead with the layoffs, cutbacks, and outsourcing thus making our economy worse.

I am putting in my official request -

I am requesting $5 million US dollars ($5,000,000) to help me and my family with a stimulous package of our own.  First of all, this is less than 1/10 of a percent of the smallest “bailouts’ that our government has given so it sould be looked at as not even a small drop in the bucket.  What’s 5 million when you’re throwing around billions and trillions?

Why should I get it?  We would do our best to pump this money back into the economy, directly. We would:

  • Pay off our debts (home loans, car loans, student loans, etc…)thus making more money available for bank loans, thus directly helping with the credit crunch.
  • We would invest the money so my wife and I can peruse our own careers and starting our own businesses.  Not only would I be able to quit my full time job, I would be opening up a position that someone who is collecting unemployment would be able to get.  It would create one more job in the economy.
  • With our increase revenue, we could continue our schooling and hire people to help us with our ventures, thus improving our educating, our productivity, and creating new jobs.
  • We would be able to afford to “upgrade” our services (faster internet, cable TV, even long distance on our phone) to send more money to these troubled companies allowing them to possibly hold onto more workers.
  • We would be able to upgrade our existing equipment (computers for work, fuel efficient cars since my wife would be traveling a lot visiting clients), maybe even be able to afford some office space for our ventures, thus improving on the commercial real estate market and helping out the retail and manufacturing sector (we would try to make sure anything we purchased was made in the USA).

As you can see, just from this short list, I would do far more to help the economy than what these large corporation are doing with over 1,000 times the amount I am requesting.

So, now the ball is in “my” government’s court.

Will you take me seriously?  if you do, I’m sure you can find out who I am and call me on my cell phone.  Don’t worry if I don’t answer – we have creditors calling us and I don’t answer the phone unless I know who it is.  Please leave a message with legitimate contact information.

Please do not ask me to travel anywhere, unless you pay for the tickets (you can take it out of my $5 million when I get it).  As things are extremely tight with my family, we cannot afford any travel at this time since my wife hasn’t had a job since June of 2008 and my company is laying off people in the thousands.  As you can see, I’ve even fouled this site with AdSense to attempt to hope to pay for some bills (and other living expenses).

If you don’t care about me, ignore this please.  This will be a sign to over 300,000,000 American citizens who are sufering in this economy while theelite few squander every penny they can so they can afford caviar for breakfast before flying in their private jets to some foreign vacation spot.

How much is one TRILLION dollars?

Author: admin  |  Category: Politics  |  Comments (0)  |  Add Comment

A little while ago I wrote about how much $700 billion is and concentrated on the interest from that (assuming a 1% savings account). Most of the numbers were scary to think about it. But now, the new number is “one trillion dollars”. As CNN wrote earlier this morning, “A trillion is the new billion”.

Well, now I’m going to base it on how much a trillion actually is. No interest, just the number since many people tend to think that there isn’t much of a difference between a million, a billion, and a trillion.

This is a trillion:

A one followed by 12 zeroes. That is 1,000 billions or one million millions. Most lower end calculators don’t even go this high (many in total don’t either).

If you spent a million dollars a day and to have spent a trillion dollars by now, you would have needed to start roughly 2800 years ago – about 800 BC. This predates the Roman Empire by about 500 years.

A million dollars an hour you would have needed to start 33 years ago (1976 – probably longer than many people reading this article).

If you spent a dollar a second you would have needed to start roughly 31,709 years ago (about the time that the oldest known cave paintings are known to exist).

Assuming 300 million people live in the USA – each person would get a check for $3,333 (roughly). Assuming 25% are under 18 (according o a 2008 census – 20.1% are under 15 (source)and you only gave it to people over 18 then it would turn out to be about $4,444 per person over 18.

With a trillion dollars you could purchase (April, 2008 values):
The New York Yankees for $1,306M (M= Million)
The New York Mets for $824M
The Boston Red Sox for $816M
The L.A. Dodgers for $694M
The Chicago Cubs for $642M
The Anaheim Angels for $500M
The Atlanta Braves for $497M
The S.F. Giants for $494M
The St Louis Cardinals for $484M
The Philadelphia Phillies for $481M
For those of you who aren’t keeping track – that is the “10 most valuable baseball teams” for a whopping $6.738 billion dollars or less than 0.7% of a trillion dollars. I’m sure with a trillion I could buy all of MLB, NFL, NHL, NBA, and many other acronymed sports industries.

In 2008:
Walmart posted $378 billion in revenue ($12 billion in profit)
Exxon Mobile posted $372 billion in revenue ($40 billion in profit)
Royal Dutch Shell posted $355 billion in revenue ($31 billion in profit)

Those three add up to $1.105 trillion in revenue (and these are the highest revenue companies in the world according to their 2008 figures).

According to the 2008 CIA FactBook – only 15 nations in the world have a GDP (Gross domestic product) of over $1 trillion (The European Union, The USA, Japan, China (PRC), Germany, France, The UK, Italy, Russia, Spain, Brazil, Canada, India, Mexico, and Australia).

You could buy South Korea and still have enough to purchase several major league sports teams. You could purchase Indonesia twice and still have about $10 billion left over. You could purchase Iran ($382B), Venezuela ($331B), and Nigeria ($220B) and have a hold on a large percentage of the world’s oil reserves. You’d still have $67B left over to buy yourself a nice little Caribbean getaway – like Cuba and a second getaway – Madagascar. After that, you’d have just enough to purchase a nice little south Pacific getaway – Fiji.

So, as you can imagine, one trillion dollars is not only a large number, it is an extremely scary number. And for your viewing pleasure, I give you a series (totaling about 45 minutes) called “Money As Debt”.

Part One:

Part two:

Part three:

Part four:

Part five: