Wednesday, November 26, 2008

Just keep adding zeros....

Here is some sobering news

From the Big Picture: "Jim Bianco of Bianco Research crunched the inflation adjusted numbers.
The bailout has cost more than all of these big budget government expenditures – combined:

Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion

Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion

Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion

• 80s S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion

Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion

The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)

• Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion

Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion

NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion

TOTAL: $3.92 trillion
"

How much more of this damage can We The People hold up?


If the Treasury is gonna print money like confetti then at least make it interesting to look at.
The entertainment value is likely to be all it's worth.

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