@AverageJoe1 saidIf you work at blackrock, you don't need government handouts.
But it gets better. Double or triple your projections, because many corps are MATCHING the investments.
The country's two largest banks join a number of major US companies that have already announced plans to match the federal government’s $1,000 contribution to the Trump accounts for their employees, including the Bank of New York Mellon (BK), BlackRock (BLK), Intel ( ...[text shortened]... ourself rich.
( but I do hope he puts a beautiful hotel in Cuba!)
Catch the train, everyone.
@AverageJoe1 said
You must be overlooking that he was being cryptic, it is part of his schtick. He pulls them off just perfectly.
@wildgrass saidYour post makes no sense Is this King Moses day
If you work at blackrock, you don't need government handouts.
?
@Arkturos said
@AverageJoe1
I thought we were all getting at least $2,000 each in tariff profits, even if that all gets billed to the American taxpayers with interest.
@KingDavid403 saidThis one, the one with a YouTube sign on his post for some reason, his point?
https://www.youtube.com/shorts/WHf-AQ6dd9c
In English?
@AverageJoe1 saidDon Lemon and the others arrested are now FREE! Despite Trumps DOJ asking for detention! LOL.... 😆 😀 😆
This one, the one with a YouTube sign on his post for some reason, his point?
In English?
@KingDavid403 saidNo Way! What channel ?!?
Don Lemon and the others arrested are now FREE! Despite Trumps DOJ asking for detention! LOL.... 😆 😀 😆
@Great-Big-Stees saidHalf that? Maybe a third?
Just as an example. In 2008 the average cost of a new vehicle was around $23,000. Today it’s around $63,000😲….apparently. So in 18 years what will $3,600 really be worth?🤔
@Great-Big-Stees saidGoogle says about 30 million kids are part of families around the poverty line which comes in slightly under 30k. So $1000 times 30 million equals $30 Billion in seed money.
Roughly, how many “children” does this involve?🤔
Edit: what is considered a child?
That's a pretty penny but when you consider the management fees that would be applied to every account that seed money would probably be recouped within 5 years. Then the real money starts rolling in for for the account managers. With 13 years of account management left to run till it's 18 year maturity and the make back their seed money in 5, they would stand to then make that seed money 2 and a half times over, which is a very low risk proposition.
This also assumes the parents contribute the bare minimum each year. If the parents really engage with the program, the account managers see their return earlier and could be in the box seat for a 4 or even 5 times ROI which for a $30 Billion seed could generate $150 Billion which would allow the managers to raise much many more multiples of capital for other investments. In short a boondoggle of opportunity.
@kmax87 saidSounds very “Trumpish”.🤔😉
Google says about 30 million kids are part of families around the poverty line which comes in slightly under 30k. So $1000 times 30 million equals $30 Billion in seed money.
That's a pretty penny but when you consider the management fees that would be applied to every account that seed money would probably be recouped within 5 years. Then the real money starts rolling in f ...[text shortened]... ise much many more multiples of capital for other investments. In short a boondoggle of opportunity.