Wednesday, December 3, 2008

Money...Money.....Money

So, Bernanke and Congress have committed over $7 TRILLION so far on the housing gambler mess. How does that compare? Take a look...

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
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

I haven't seen this movie but I really like the trailer and simple explainations of what is happening in our financial markets and the serious consequences of the fraud.

http://www.iousathemovie.com/


Yes, I am a nerd. Here is a You Tube Video that explains how our monetary system is based on debt.





3 comments:

Nathan Gruppman said...

I wish I could create money out of thin air!

brookeisacrazylady said...

you are so smart. i will vote for you if you want to be in change.

my question: it seems so obvious so why doesn't everyone else see it?

Andrea said...

I love nerds!