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.
Yes, I am a nerd. Here is a You Tube Video that explains how our monetary system is based on debt.
3 comments:
I wish I could create money out of thin air!
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?
I love nerds!
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