Time for a TBP competition. I just noticed the number on the National Debt Clock on the right side of the page. It is sitting at (well not exactly sitting – more like spiraling out of control) about $15.983 TRILLION.
You know what that means – We are going to hit the MAGICAL $16 TRILLION mark in the near future. I wish I could say this is a rare occurance, but we hit a new trillion dollar level every 11 months or so.
Let’s have a TPB bet. You need to guess which day and hour that our National Debt will hit $16 trillion. It will help me assess who on this site thinks math is hard. I’m also eligible to play – and as everyone should know by now – I always win.
The winner will get one year of free tax advice from Mitt Romney’s tax advisor, an all expenses paid trip to visit Obama’s birthplace in Kenya, and a low income housing luxury townhouse in West Philly with a leased Cadillac Escalade thrown in for good measure.
Get those calculators out. Ready, set, go.
August 30 at 10:35 pm EST
Book it!!!
August 30th 1:34 PST
For Christ sake. Can’t you shit throwing monkeys adapt to eastern standard time?
September 1st at 12:51:58 AM EST
August 31, 2012 @ 6:18:45 Eastern time.
That is all….
For you accounting geeks, that would be AM. If you number crunchers let a lowly surgeon beat you, turn in your diplomas.
Nope. Saw my mistake.
Showing work:
27.5 seconds per million bucks.
From 3pm EST today, another 16,714 million, NOT 17,714 as I originally calculated. Damn carry the one!
That leads to 127.67 hours from 3pm
Or
5 days and 7 and 2/3 hours, other wise known as 40 minutes.
Lands us at
(drum roll). August 30 @ 10:40 PM EST
Close Admin, but no cigar…
And just in case we start parsing seconds,
That would be 10:40:58PM EST
Sept 3, 9:11 AM EST
I’m going for symbolism on Labor Day.
I have trouble with the ‘exponential function’
Change:
1:30 Pacific Daylight Savings Time (which, incidentally should be set two hours ahead to save energy)
Somehow those prizes do not appeal to me.
I_S
August 29, 19:38 EST
9-3-2012 at 2:00pm est.
That will be my 24th wedding anniversary. If I located the correct govt stat, the debt was 2.6 trillion at that time.
Will those prizes wash off with soap?
I_S
August 30 at about 9pm EDT when Romney becomes the Republican nominee and the MSM can officially blame him for the 16 trillion dollar debt.
I thought that extra trillion or so was suppose to get us into 2013? WTH?John
August 31, 2012 (Friday)
5:30 AM
August 30th, 9:15pm. Why? Blame Romney. I agree with DaveL!
From an investor’s point of view the implications are pretty obvious: short paper, long firewood
Among paper-based investments, federal reserve notes should be avoided under any circumstances. They cannot be used as napkins, due to hygiene concerns. Their poor absorption rules out use as toilet paper, and they do not burn particularly well.
Sept 1, 4:03 AM. Math is too hard for me so I just guessed.
Sept 3 12:01pm it’s Labor day.
Geez! Admin is stuck at “every trillion” guessing games.
I wrote some software for the last damn survey and it was off 2 days. Can’t trust those goobermint trolls to spend in a linear fashion at all.
Refined the software just now.. First time I ran it, it crashed, just like the stock market will do “real soon now”. Rewrite provided the number of August 30, 11:21 AM EST plus/minus 20 minutes – pretty damn close to Admin, TC and the Chest Cutter.
Of course, it is totally dependent on my ability to run an extended timer against the clock and how much stupid wasted time I want to do it over and over. 5 times averaged the same thing plus or minus 35 seconds.
What we get for winning? A free subscription to TBP?
MA
Or, worse yet, what happens to us if we’re wrong? Banishment? The Guillotine? Having to have dinner with Bloomberg in his bomb shelter in NYC? How about a group shower with Obummer? Or one with Ms. Clinton? Oh shit, too awful to contemplate! Are we being graded on a curve? Sliding scale? A plus/minus bonus arrangement? A Goobermintal scale completely composed by BLS? Jeez too awful to contemplate.
We need Admin legislation here to tell us what the stupid fucking rules are to this stupid game..
MA[img]http://t0.gstatic.com/images?q=tbn:ANd9GcTG5LSmzsDo7w4lMiJ5-YF2iQeuTBf5UY1dqbFnJiBaNUQrrNg8wA[/img]
MA
At $36,150.55 / sec works out to be 5 days 4 hours 13min and
Time at the $16T rollover: August 30 – 11:25:45 PM EDT Easern Daylight Savings Time.
August 30, 2012 10:35.00000001 pm eastern standard time.
August 30, 10:34.599999999999 pm eastern standard time.
Colma & llpoh
You bastards!!!!
I’ll still win, because I make the rules.
Sept 7. Half past a monkie’s ass a quarter to hiss balls
What is the difference between EST Eastern Standard Time and EDT Eastern Daylight Savings Time. Does EST = EDT. If not then August 30 – 10:25:45 PM for the $16T rollover.
Your numbers well get thrown off by the coming Iran war.Heck Obama needs time for the wars effects to destroy the country enough to declare martial law and avoid the election. Well thats what i would do if i was egotistical nut job like Obama and wanted to stay in power like his communist heroes.
Let’s go for August 31st, 11:15AM, after BEN speaks at Jackson Hole
hmmmm … not as large as I thought
One more to wet your appetite
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I’ll take the under: August 29, 10:02:48.131
I expect my reward promptly admin. BTW, I thought you were better at math than that. So solly so sloppy. You should work for JPM.
lol.
Checking in to see how we’re doing. Sonic’s already out, I think I’m next (late tonight). Colma and Admin after that, from what I can tell. May the best man win.
I project it will happen on Labor Day, September 3, 2012 on or slightly after 7:12 a.m. EST
Oops! It’s the GROSS debt including Social Security, Medicare and such — so my estimate is a couple of days late. I should have read the comments first! Please do not award me a last place prize! LOL
“You need to guess which day and hour that our National Debt will hit $16 trillion.”
The official game rules seem (to me) to have nothing to do with the debt clock at the right.
We done hit 16T long ago, say 10 years or so, since we are at 216T today. Or maybe it’s 2,016T today, who the fuck knows or even cares?
All I know is that it’s out of control and the only way back to sanity is a complete reset.
Think outside the box and fuck the rules anyway.
3:23 AM, Sept 3, AST. That would be 7:23 EST (at least I can handle that much math). FWIW, I don’t have a clock or watch with a second hand, so I had to time by counting, so I may be off a tick.
I reckon I must’ve dropped a digit somewhere. Oh well, maybe I can get a job w/ BLS. Or on Wall Street.
$16T – Sept 2, 2012 11:41:05AM EDT – Final Estimate
Not even one of you brilliant mathematicians even got the friggin DAY correct.
And I come here for financial guidance? Holy crap, Batman!!
It’s official – $16T National Debt Rollover occured at 11:41:03AM today Sept 2, 2012 – Admin Wins
I declare Old Buck the winner. Your plane tickets to Kenya are in the mail.
I know that admin already declared Old Buck the winner but I just watched the debt roll to 16T on usdebtclock.org today, 9-4-2012 @ 3:31PM.
I_S