November 20, 2017 at 12:19 pm As far as understanding just how much millions, billions, and trillions really are, this article is helpful, to put the amounts in a more common perspective of understanding. I enjoyed the article. I don’t think on a personal financial level, I will ever have to worry about managing that kind of money, unless I win a power ball lottery, or something like that, and that is highly unlikely since I can’t even seem to win much of anything on gambling, period. The article makes total sense or ( $$$$ cents $$$$) however. TAGSthe conversation.com Previous articleAramis Ayala: Uncaring or UnqualifiedNext articleTwo great organizations fighting back against domestic violence Denise Connell RELATED ARTICLESMORE FROM AUTHOR Reply Mama Mia November 20, 2017 at 12:03 pm Please enter your name here Reply I don’t think Trump worries about our country’s huge deficit we owe, at all. He never worried about such little things like that, in his own businesses. I really think Trump just thinks if our country needs money, we will just print it up at the treasury mint!!! I don’t know how that would work out, but if I could do that legally, that is what I would do!!!! LOL You have entered an incorrect email address! Please enter your email address here Share on Facebook Tweet on Twitter Reply Money woes? What money woes? Ha ha. November 20, 2017 at 11:57 am Please enter your comment! Mama Mia Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 So it is possible to achieve millionaire status, but highly unlikely to get to be a billionaire, by working or earning money. Then we look at Kylie Jenner, Kim K.’s little sister, I think I named the right one, the cute good-looking little sister, that has her own cosmetic company, and lip pumping lipsticks….she is already a millionaire, and I heard she is projected to be a billionaire very soon. That is truly amazing for a young girl. Yes, it helps that she is young, attractive, and from a wealthy, family of fame, but still………..!!! The Anatomy of Fear Support conservation and fish with NEW Florida specialty license plate November 20, 2017 at 11:48 am Mama Mia LEAVE A REPLY Cancel reply Reply Mama Mia I had never heard of the Panama Papers. It certainly is eye-opening that Vladimir has been able to accumulate that kind of assets. I really wonder how, but I have heard how, and it is not on the up and up what I heard, how he got the assets. All these leaders, and all they seem to care about, is their own personal wealth, not the people of their country. What good is it in the long run for the greed of the leaders, as they aren’t going to take it with? It is easier to get a camel through the eye of a needle, than for a rich person to get into the gates of heaven. I don’t envy them at all………. Reply November 20, 2017 at 12:18 pm By Andrew D. Hwang, and first published in theconversation.comNational discussions of crucial importance to ordinary citizens – such as funding for scientific and medical research, bailouts of financial institutions and the current Republican tax proposals – inevitably involve dollar figures in the millions, billions and trillions.Unfortunately, math anxiety is widespread even among intelligent, highly educated people.Complicating the issue further, citizens emotionally undeterred by billions and trillions are nonetheless likely to be ill-equipped for meaningful analysis because most people don’t correctly intuit large numbers.Happily, anyone who can understand tens, hundreds and thousands can develop habits and skills to accurately navigate millions, billions and trillions. Stay with me, especially if you’re math-averse: I’ll show you how to use school arithmetic, common knowledge and a little imagination to train your emotional sense for the large numbers shaping our daily lives.Estimates and analogiesUnlike Star Trek’s Mr. Spock, scientists and mathematicians are not exacting mental calculators, but habitual estimators and analogy-makers. We use “back of the envelope” calculations to orient our intuition.The bailout of AIG after the mortgage-backed securities crisis cost more than US$125 billion. The Panama Papers document upward of $20 trillion hidden in a dark labyrinth of shell companies and other tax shelters over the past 40 years. (The recently published Paradise Papers paint an even more extensive picture.) On the bright side, we recovered $165 million in bonuses from AIG executives. That’s something, right?Let’s find out: On a scale where a million dollars is one penny, the AIG bailout cost taxpayers $1,250. The Panama Papers document at least $200,000 missing from the world economy. On the bright side, we recovered $1.65 in executive bonuses.In an innumerate world, this is what passes for fiscal justice.Let’s run through that again: If one penny represents a million, then one thousand pennies, or $10, represents a billion. On the same scale, one million pennies, or $10,000, represents a trillion. When assessing a trillion-dollar expenditure, debating a billion dollars is quibbling over $10 on a $10,000 purchase.Here, we’ve scaled monetary amounts so that “1,000,000” comprises one unit, then equated that unit to a familiar – and paltry – quantity, one penny. Scaling numbers to the realm of the familiar harnesses our intuition toward understanding relative sizes.In a sound bite, a savings of $200 million might sound comparable to a $20 trillion cost. Scaling reveals the truth: One is a $2 (200-cent) beverage, the other the $200,000 price of an American home.If time were moneySuppose you landed a job paying $1 per second, or $3,600 per hour. (I assume your actual pay, like mine, is a tiny fraction of this. Indulge the fantasy!) For simplicity, assume you’re paid 24/7.At this rate, it would take one million seconds to acquire $1 million. How long is that in familiar terms? In round numbers, a million seconds is 17,000 minutes. That’s 280 hours, or 11.6 days. At $1 per second, chances are you can retire comfortably at the end of a month or few.At the same job, it takes 11,600 days, or about 31.7 years, to accumulate $1 billion: Doable, but you’d better start young.To acquire $1 trillion takes 31,700 years. This crummy job doesn’t pay enough!This analogy gives a taste for the absolute size of a billion, and perhaps of a trillion. It also shows the utter impossibility of an ordinary worker earning $1 billion. No job pays a round-the-clock hourly wage of $3,600.Nice work if you can get itLet’s examine the wealth of actual multi-billionaires. Our calculations prove that they acquired more than $1 per second over long intervals. How much more?Testifying to the Senate Judiciary Committee on July 27, William Browder, an American-born businessman with extensive Russian dealings, estimated that Vladmir Putin controls assets of $200 billion. Let’s assume this figure is substantially correct and that Putin’s meteoric rise began 17 years ago, when he first became president of Russia. What is Putin’s average income?Seventeen years is about 540 million seconds; $200 billion divided by this is … wow, $370 per second. $1,340,000 per hour. Yet even at this colossal rate, acquiring $1 trillion takes 85 years.The Panama Papers document some $20 trillion – the combined fortunes of one hundred Vladimir Putins – sequestered in shell companies, untaxed and untraceable. Though the rate of leakage has surely increased over time, for simplicity let’s assume this wealth has bled steadily from the global economy, an annual loss around $500 billion.How much is this in familiar terms? To find out, divide $500 billion by 31.6 million seconds. Conservatively speaking, the Panama Papers document an ongoing loss averaging $16,000 per second, around the clock, for 40 years.Fighting over scrapsAmerican cities are now vying for a $5 billion Amazon headquarters, a windfall to transform the local economy lucky enough to win the contract. At the same time, the world economy hemorrhages that amount into a fiscal black hole every few days. Merely stemming this Niagara (not recovering the money already lost) would amount to one hundred new Amazon headquarters per year.The root cause of our economic plight looms in plain sight when we know the proper scale on which to look. By overcoming math phobia, wielding simple arithmetic, refusing to be muddled by “gazillions,” we become better citizens, avoiding squabbling over pennies when tens of thousands of dollars are missing. Andrew D. Hwang is an Associate Professor of Mathematics at the College of the Holy Cross. His formal training is in differential geometry, the use of calculus to study curvature of space. Avocationally, he’s interested in complex systems and emergent behavior from culture to consciousness, and in conveying the beauty and power of mathematical thought to non-mathematicians. Mama Mia 5 COMMENTS Save my name, email, and website in this browser for the next time I comment.
Linkedin Advertisement RELATED ARTICLESMORE FROM AUTHOR LifestyleEntertainmentFilmLimerickNewsFilm in Limerick Launches New Documentary Film SchemeBy Meghann Scully – April 21, 2021 309 Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Facebook TAGSfilm in limerickKeeping Limerick PostedlimerickLimerick Post Film in Limerick Launches New Documentary Film SchemeA new training and production scheme for emerging documentary filmmakers has been launched in the MidWest by Innovate Limerick through Film in Limerick.ENGINE Docs, supported by Limerick and Clare Education and Training Board and delivered in partnership with the prestigious Sheffield DocFest in England, will train and support up-and-coming talent based in the region to work as documentary directors and producers.Sign up for the weekly Limerick Post newsletter Sign Up Up to 12 shortlisted teams will receive training from Irish and international documentary experts to develop their project ideas leading to four teams being awarded production funding of up to €10,000 each to produce a short 10-minute documentary film.Shortlisted directors and producers will also receive accreditation for the Sheffield DocFest’s 2021 online programme of films, talks and industry sessions running from 4 – 13 June.Speaking about the new initiative, Paul C. Ryan, Regional Film manager at Film in Limerick, said: “Film in Limerick is committed to developing and nurturing new documentary film talent in the Mid-West.“We are beyond thrilled to partner with one of the world’s best documentary film festivals to deliver this new training and production scheme that will offer local aspiring and emerging documentary talent a professional progression route to working in the industry.”Paul Patton, Director of Further Education and Training, with Limerick and Clare Education and Training Board said: “With the ETB’s significant role in skills-training as well as the socio-economic and cultural life of the region, we are delighted to continue to support Film in Limerick with this new scheme to train documentary filmmakers.“It will offer a further opportunity to grow and enhance the production skills base in the region and help to develop a strong base for documentary filmmaking.” he added.Applications are now open for emerging and experienced producers and directors interested in pursuing a career in documentary filmmaking.For more information and details on how to apply click here.Deadline for applications is Monday 24 May 2021 at 12 noon. Previous articleFuneral details announced for founder of charity Bóthar after tragic death at Limerick homeNext articleRG Snyman looking ‘fit and scary’ ahead of Munster return Meghann Scully Print WhatsApp WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Limerick’s National Camogie League double header to be streamed live Email Donal Ryan names Limerick Ladies Football team for League opener Twitter Limerick Ladies National Football League opener to be streamed live Roisin Upton excited by “hockey talent coming through” in Limerick
Top StoriesIt’s A Shame That While Government Knew Of Magnitude Of COVID Second Wave, It Never Planned Things In Advance : Allahabad High Court LIVELAW NEWS NETWORK19 April 2021 8:14 AMShare This – xWhile ordering lockdown in 5 cities of Uttar Pradesh, the Allahabad High Court made some strong remarks against the state government for not taking adequate preparatory steps “even after one long year of experience and learning”.”It is a shame that while the Government knew of the magnitude of the second wave it never planned things in advance”, said a division bench of…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginWhile ordering lockdown in 5 cities of Uttar Pradesh, the Allahabad High Court made some strong remarks against the state government for not taking adequate preparatory steps “even after one long year of experience and learning”.”It is a shame that while the Government knew of the magnitude of the second wave it never planned things in advance”, said a division bench of Justices Siddhartha Varma and Ajit Kumar in a strongly worded order.The Court has imposed a lockdown in the cities of Prayagraj, Lucknow, Varanasi, Kanpur and Gorakhpur till April 26.The Court passed the order in a suo moto case taken in the middle of the COVID-19 pandemic. Last week, the bench had passed an elaborate order, including certain suggestions for counter-measures, and had sought the response of the Government.Today, the bench recorded dissatisfaction at the response of the State Government.”No concrete plan has yet been chalked out in the light of our observations made in our last order though some efforts of course, have been made to engage some private hospitals to convert them as Covid hospitals, but even there facilities available are not up to mark”, the bench said.The bench termed the decision of the government for night curfew and weekend curfew an “eyewash”.”It was probably an effort to show that our last order had been taken care of. We are however, not satisfied at all. We see people are largely not following our order for putting masks on their faces nor, the police could ensure 100% masking till date”.No proper development if people die due to lack of medical careThe Court narrated the abysmal state of affairs of public health care system in major cities of Uttar Pradesh.Referring to the statistics of hospital facilities in the capital city of Prayagraj, the Court said that the “medical health infrastructure that the government has developed in the past, can cater to the needs of less than 0.5% of the city population”. In villages, the situation is worse. The current efforts of the Government won’t be of much help in terms of required need of medical health in this 21st century, the Court said.”If people die of pandemic in a large number due to paucity of sufficient medical aid it would be the governments to blame which failed to counter the pandemic even after one long year of experience and learning..””In any civilised society if public health system is not able to meet the challenges and people die for want of proper medication, it means there has been no proper development. Health and education go side-by-side. Those in the helm of affairs of governance are to be blamed for the present chaotic health problems and more so when there is a democracy which means a government of the people, by the people and for the people”VIP Recommendations needed for tests, hospital admissionsThe order reflected the grim situation where recommendations of VIPs are needed for getting COVID-19 tests, remedesivir injections, hospital beds etc.Only VVIPs are getting reports within 6-12hours, it said.”We find from the scenario that emerges from the Government Hospitals that admission of patients to ICUs are largely being done on the recommendation of VIPs. Even supply of life saving antiviral drug namely Remdesivire is being provided only on the recommendation of VIPs. VIPs and VVIPs are etting their RT-PCR report within 12 hours, whereas,ordinary citizen is kept waiting for such reports for two to three days and thus, spreading further infection to other members of his/her family”. The Court said that it cannot lose sight of the fact that large number of doctors of King George Hospital and other hospitals like Swaroop Rani Nehru Medical Hospital have gone into isolation after being tested Covid positive. Even the Chief Minister Yogi Adityanath has gone into isolation, the Court noted.”Public health is the top most priority and call of the moment and any complacency of any degree today will cause havoc to people. We can’t shirk away from our constitutional duty to save innocent people from the pandemic which is spreading due to the negligence of a few”, it said.Court records displeasure at the conduct of local body electionsThe Court recorded strong displeasure at the way government and the State Election Commission proceeded to hold election forcing teachers and other government staff to perform duties exposing themselves to the threat of pandemic.”The police was virtually shifted to polling places giving priority to election above public health”, it lamented.”Further the photographs of the various places where elections were held definitely show that no social distancing was maintained. Also we find that on many occasions in various political rallies masks were never worn by people”, it added. The Court directed strict action under the Uttar Pradesh Epidemic Diseases Act and other relevant laws against the organizers of rallies in which people were not wearing masks. The action taken must be placed before the Court on the next hearing date.”If popular government has its own political compulsions in not checking public movements during this pandemic, we can not remain mere passive spectators”, it said.”One would only laugh at us that we have enough to spend on elections and very little to spend on public health”, the Court noted.”One cannot even imagine what will happen if only10% of the city population gets infected and needs medical help in hospitals. How the government will manage with the presently existing infrastructure is anybody’s guess”, it observed.The Court took into account the fact that many doctors and medical staff were infected and the rest were over-burdened. It said that if the pandemic spread is not arrested to give some respite to medical and paramedical staff, “the entire system would collapse and relief will be confined to VIPs and VVIPs”. “We are of the considered view that in given scenario of present time if people are restrained from going outside their homes for a week in the first instance, the current chain of spread of COVID infection can be broken and this will also give some respite to the frontline medical and health workers who would pay more attention to those patients who are already admitted. They would also get some sort of much required short rest as they are getting exhausted”, it ordered.Click here to read/download the orderSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
I HEART PISGAH is leading a campaign to create the Craggy Wilderness and National Scenic area, which will permanently protect 16,000 acres of old-growth forests, headwaters, world-class trails, and panoramic vistas only 15 miles from downtown Asheville, the organization said in an email. Recreation.gov has opened the lottery for the White House Easter Egg Roll. Winners can visit the South Lawn of the White House for a celebration of games, live entertainment, and the traditional egg roll. The lottery is open through Monday, February 24 and lottery results will be announced March 4. Craggy is one of the most biologically diverse forests in the country, the organization’s website says. It protects dozens of rare species and thousands of acres of old-growth forest. If efforts are successful, Craggy could become just the eleventh national scenic area in the country. About 130 people searched for Noonkester, and rescue crews recovered his body on Wednesday night. Officials plan to investigate whether Noonkester suffered a medical emergency on the trail. Foul play is not suspected. Grassroots organization launches campaign to create the Craggy Wilderness and National Scenic Area The body of Eddie Noonkester, missing on the Appalachian Trail since Friday, has been found about a mile away from mile marker 3. WSB-TV reports that Noonkester was on the trail near Amicalola Falls when he became disoriented and called a friend for help. That friend called authorities, who said they successfully pinged Noonkester’s phone but could not get in touch with him. Body of missing Appalachian Trail hiker found in Dawson County, GA The White House Easter Egg Roll is now open According to the Recreation.gov website, the White House Easter Egg Roll is a tradition that dates back to 1878. Originally, kids in Washington, DC would go to Capitol Hill every Monday after Easter for egg rolling. Members of Congress grew tired of the crowds and passed an Act of Congress prohibiting egg rolling on Capitol grounds. The event was then moved to the White House.
The campaign covers all of the country’s 40,000 elementary and secondary schools. The curriculum will help ensure that children understand what they can do to help prevent the spread of avian flu, such as washing their hands frequently and reporting sick or dead poultry. Oct 12, 2006 (CIDRAP News) To speed emergency responses to avian influenza and other animal and plant diseases, the United Nations Food and Agriculture Organization (FAO) inaugurated a new crisis management center (CMC) at its Rome headquarters today. If a suspected outbreak is reported, the crisis management center can dispatch experts anywhere in the world in less than 48 hours, the FAO said. The center can react quickly to emergencies involving plant pests or food safety, as well as diseases, officials said. The center, founded with the World Organization for Animal Health (OIE), is supported by advanced communication technology and will operate around the clock, 7 days a week, the FAO said in a press release. The center is staffed by up to 15 specialists and veterinarians who will continuously update and monitor disease information. Oct 12 FAO press releasehttp://www.fao.org/newsroom/en/news/2006/1000421/index.html Thailand has the third highest number of human H5N1 cases (25), and the disease has killed 17 people, including 11 children younger than 18. The United States donated $5.1 million and three veterinarians to the CMC; other donors include Germany, France, Sweden, Switzerland, Norway, Saudi Arabian, China, Greece, and Jordan. See also: Speed is of the essence in the international fight against avian flu, Diouf said. “Alert must be lighting quick. Reaction must be immediate in combating a disease, which can move across borders and continents terrifyingly fast.” Four million posters and pamphlets containing prevention and awareness messages will be distributed; elementary schools will receive 300,000 bars of soap. The campaign was produced by UNICEF and funded by Japan. Oct 11 UN press releasehttp://www.un.org/apps/news/story.asp?NewsID=20215&Cr=bird&Cr1=flu Meanwhile, Thailand and the United Nations Children’s Fund (UNICEF) launched a school-based campaign this week to protect children and their families from the spread of avian flu, according to a United Nations announcement yesterday. The CMC is headed by Dr Karin Schwabenbauer, Germany’s former chief veterinary officer. Dr Gary L. Brickler, from the US Department of Agriculture, is deputy director. Animal health emergency response will be handled by the FAO’s chief veterinary officer, Dr Joseph Domenech, and the FAO’s Emergency and Rehabilitation Division will handle the CMC’s operational support. “The CMC represents a significant leap forward in FAO’s ability to help member nations prevent and cope with disease outbreaks,” said Dr Jacques Diouf, director-general of the FAO, in the press release. Jul 14, 2006, CIDRAP News story “USDA, FAO to launch animal disease crisis center”
Promoted ContentTop 10 Tiniest Phones Ever Made7 Ways To Understand Your Girlfriend BetterTop 7 Best Car Manufacturers Of All TimeThe 10 Best Secondary Education Systems In The WorldBest Car Manufacturers In The World5 Of The World’s Most Unique Theme Parks15 Action Heroes 25 Years Ago And NowWhat Happens When You Eat Eggs Every Single Day?7 Inventions Created To Start Saving The World5 Of The World’s Most Unique Theme ParksThe Highest Paid Football Players In The World7 Black Hole Facts That Will Change Your View Of The Universe Loading… The report does not make clear whether PSG will wait until Ighalo’s loan at Man Utd is over, or whether they want to interrupt that and strike a deal early. However, Foot Mercato do say that the French giants are showing signs that their interest is “concrete”. If Ighalo was to move to PSG at some point, it would be the second time in quick succession that he sealed a surprise transfer. Back in June, he admitted that even he could not have foreseen his dream move to Old Trafford. “I thought it was a joke,” he told Sky Sports News. “I was playing in Shanghai. That was against me. Would a club as a big as United be looking in China for a striker? That was against me. read also:Odion Ighalo opens up on Manchester United future “My age. That was against me. There was a pandemic in China. That was against me. I said no, this is a joke. “Later, when it got serious, I thought only when I fly to Manchester will I believe it.” FacebookTwitterWhatsAppEmail分享 Nigeria’s Odion Ighalo may soon shift his sojourn to France as Paris Saint-Germain registered their interest in Manchester United loanee striker. According to Foot Mercato, PSG have outlined Ighalo as a surprise potential target. The French champions have released Edinson Cavani, leaving them with just Mauro Icardi and Eric Maxim Choupo-Moting as out-and-out central striking options. Hence, the report claims that PSG have a “very real” interest in Ighalo. The Ligue 1 giants admire the Nigerian for his experience, quality, and affordability. Ighalo returned to the Premier League from China when joining United on loan in January. The former Watford striker has impressed in patches, scoring five goals in cup competitions. His form prompted United to extend his loan until January 2021. However, he has still not started a Premier League game for them. Ighalo’s contract with parent club Shanghai Shenhua expires in December 2021. Therefore, his price tag will start to diminish over time. That opportunity has led to PSG making their first contacts with his agents. While he is not the only target on their radar, they have opened talks with his entourage.Advertisement