Forum Discussion
spoon059
Sep 20, 2013Explorer II
I forgot all about the stock comments. I never said the Gov't should sell the stock at a loss. I was simply correcting a statement someone else made that the stock options "paid off" the debt. The stock options, when they finally/hopefully hit $72 a share will have only paid off a loan, not the full $49 billion in money it was given. Some people forget that some money was a loan, some money was a straight donation.
This is no different than having you buy me a house for $200,000 and giving me $300,000 cash for a total of a $500,000 gift. I get to live in that house, not worry about paying a mortgage until that house more than doubles in value. When the house is finally worth $500,000, you get the house back and I still have $300,000 cash in my pockets and have lived rent free for however many years it took for that property value to increase. Technically you got your initial investment back, but I sure made out like a bandit in the process.
This is no different than having you buy me a house for $200,000 and giving me $300,000 cash for a total of a $500,000 gift. I get to live in that house, not worry about paying a mortgage until that house more than doubles in value. When the house is finally worth $500,000, you get the house back and I still have $300,000 cash in my pockets and have lived rent free for however many years it took for that property value to increase. Technically you got your initial investment back, but I sure made out like a bandit in the process.
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