What is Digg?603 Comments
- ConcernedCanuck, on 11/26/2008, -5/+456reminds me of this picture:
http://www.rense.com/1.imagesH/bail_dees.jpg - nikpappagiorgio, on 11/25/2008, -5/+364Wow, this is even adjusted for inflation. Hopefully we get a souvenir keychain out of this or something.
- ggidetahi, on 11/26/2008, -22/+234***** - you guys are falling hook, line and sinker for a common misunderstanding of the bailouts. The fed isn't just filling suitcases with trillions of dollars and handing them out. The bailouts are largely in 3 forms...
1. Debt Guarantees (if 100% of Citi-bank's outstanding loans are defaulted, we will be liable for them)
2. Low Interest Loan Packages (if 100% of the low interest loans we offer these businesses are defaulted on, we will be liable for them)
3. Equity Share Purchases (if 100% of the businesses our Govt buys shares in go under, we will lose that money)
These are not losses folks. In all likelihood, we will lose some of the debt guarantees, we will lose out against inflation and rising interest rates on the low interest loan packages, and some of our equity share purchases will lose value. We will probably lose a percentage of our "investment" but this will pale in comparison to the lost of tax base alone if these major employers (read tens if not hundreds of thousands of American jobs) went under.
It is OK to oppose the bailouts, but it is not OK to be so grossly informed as to upvote this *****. - Th0rus, on 11/25/2008, -4/+208Damn, should I start stocking up on canned goods and water and possibly buy a gun?
- inactive, on 11/26/2008, -34/+223The total US debt before the bailout was under 10 trillion. The total cost of the bailout (including Fed funds) according to various sources is 6 trillion or more. Before this bailout is done this may well double the debt. And all this comes without even bailing out the homeowners or the auto industry. This money is just going into the pot to prolong Wall St.'s gigantic Ponzi scheme.
It's interesting that Congress rejected the auto industry and told them to come back when they had a plan. And it refused to bailout the homeowners for fear of "moral hazard". But when it comes to Wall St. the money was given without a plan and despite the flagrant moral hazard. These International Banksters and Wall St. Ganstas have perpetrated the largest heist in history. The government should be going after them under the Rico Laws. And the corrupt politicians that were part of this conspiracy should be going to jail with them.
It's also interesting that none of the MSM spokespeople that did the cheerleading for the bailout plan against the will of the American people have the moral courage to admit that they were duped by Paulson and Bernanke. Either that or they were part of the conspiracy. Take your choice.
Do we who argued against the bailout at least get to say, "I told you so"? It's a small consolation given the price that our children will have to pay. Of course you still get people who say it would have been much worse without the bailout. Really? How could it be worse for the taxpayers in the US?
From my blog:
"Wall Street's gigantic Ponzi scheme"
http://futurenewstoday.blogspot.com/2008/09/wall-s ... - kezia1, on 11/26/2008, -7/+190Holy *****, the U.S. is *****.
- inactive, on 11/26/2008, -36/+179I'd like to thank everyone out there who didn't vote for Ron Paul!
- scabbers, on 11/26/2008, -3/+143This just in: we're all too broke to afford a server to show the graph of how ***** we are!
- jojopumpkin, on 11/26/2008, -23/+134And they laughed at Peter Schiff
http://www.youtube.com/watch?v=2I0QN-FYkpw
Get on the Obama bus you will be saved by being driven off a cliff. - GovernmentSp00k, on 11/26/2008, -17/+107don't worry, Obama will fix it!
LOL...
right - inactive, on 11/26/2008, -4/+91Yep. Should have already started.
- ryan83189, on 11/26/2008, -5/+91Money well wasted.
- Monotonousblob, on 11/25/2008, -2/+86That's disgusting!
- inactive, on 11/26/2008, -1/+83The Louisiana Purchase was a true Black Friday type bargain
- wyndot, on 11/25/2008, -7/+74holy ass
- roedwards86, on 11/26/2008, -5/+68http://ffffound.com/image/b8efce199d3d540f40cd6a5f ...
- brandar, on 11/26/2008, -1/+63Jefferson camped out all night in the cold for that one.
- GlobalRoamer, on 11/26/2008, -3/+65The bailout is just a loan. So the banks and financial services companies who mismanaged their money can do it all over again. Then when they run out of money again they come back to the feds again, again, and again.
- Waiting2awake, on 11/26/2008, -1/+60You.
Will.
Not.
Even.
Get.
This.
Lousy.
T-Shirt.. - mmackay, on 11/25/2008, -9/+63helpful!
- lolupissed, on 11/26/2008, -1/+53Where is world war 2 on that chart?
- Protonz, on 11/26/2008, -2/+52The federal reserve
- sphira, on 11/26/2008, -0/+45Oh my God, they've killed America -
Bastards! - allowners, on 11/26/2008, -13/+57True, but the military is perfectly capable of loosing that much under the table.
- artwhite, on 11/26/2008, -6/+49That chart is leading strait to a revolution against the banksters.
- avengingturnip, on 11/26/2008, -5/+46This will cause the collapse, not prevent one. Things would have worked themselves out on their own without all this interference.
- ariGme, on 11/26/2008, -0/+40Idiots on both sides of the isle.
- flangepiece, on 11/26/2008, -4/+43Spookily, "Ywnegelt" is gaellic for "inflation", but not in a fiscal sense.
- HippyInASuit, on 11/26/2008, -2/+41Its a bit late now, but yes!
- bjornski, on 11/26/2008, -1/+39When it makes a darn good point.
- boardthis, on 11/26/2008, -4/+42nice advertising for your own blog.
- JohnFlux, on 11/26/2008, -0/+38World War 2 cost, adjusted for inflation, 3.6 trillion dollars. Still far less than the bailout.
- OGKHAX, on 11/26/2008, -0/+37I'm just gonna trust you on that one.
- Xihix, on 11/26/2008, -5/+38oh ***** man THE ***** IS DOWN
- lilmentor3, on 11/26/2008, -2/+35*****.
- SteelFrog, on 11/26/2008, -0/+32Tree fiddy.
- jojopumpkin, on 11/26/2008, -6/+38The whole world is *****. Most of the world depends on the US Dollar when it falls so shall they.
- Kyora, on 11/26/2008, -0/+32Sweet, it's like a new high score! Oh wait, that's not good, is it...
- sparkie, on 11/26/2008, -6/+38Fix that, whilst personally building me a windmill to power my house & installing solar panels, hunting down Osama bin Laden, Restoring peace to the middle east. Replacing all cars on the planet with electric vehicles powered by a big old bag of hope and change.
All in the first 30 days. - GVR90, on 11/26/2008, -3/+34Mirror?
- BayouBengal, on 11/26/2008, -5/+36Shhhhh, that doesn't fit into their argument.
- pyroglass, on 11/26/2008, -4/+34I survived the Economic Collapse and all I got was this lousy T-shirt
- ConcernedCanuck, on 11/26/2008, -1/+30This is why what happens in America really matters so much to me, as a Canadian.
I can proudly say that I am more Patriotic towards what America USED to stand for, and I work tirelessly to get her back to her former glory.
hint: The rest of the world hates you for being so ignorant
http://tinyurl.com/americansarenotstupid
However, they too are ignorant.
Ignorance is more common these days then Beauty! We really need a World Wide aWakening to this tyranny of corruption that plagues every facet of our everyday lives.
This is why I and many of my friends on Digg spend a majority of our time dedicated to the real truth behind it all.
Save the U.S. first, Canada and the rest of the world after!
Please for the love of Christ!
Investigate anything to do with the government before its too late for us all.
HELLO WORLD;
WAKE UP WORLD! - macbookcoard, on 11/26/2008, -1/+30It's old man. Funny the first time, not anymore.
- JEAH, on 11/26/2008, -0/+27good point made on the page:
Misleading (though still scary).
The population in the past was a fraction of what it is today, so all activities will be proportionately larger, even when adjusted for inflation.
The correct graph would compare the costs, *pro-rated by the population size*. - Waiting2awake, on 11/26/2008, -2/+28Who has a computer monitor that large?
- inactive, on 11/26/2008, -1/+27But the assets have to be worth something. In this case they're not, otherwise we wouldn't be in this debacle.
- NeoBanned, on 11/26/2008, -0/+25These folks are a little pricey, but worth a look. I have four of the 7 day kits and hopefully will be purchasing a few more:
http://www.mountainhouse.com/emgcy_fds.cfm
This may also help you out:
http://www.ehow.com/how_2264997_long-term-food-sto ...
If you have a Sam's Club or Costco membership you can purchase many dry goods in bulk. Our pantry, along with our spare room, is stuffed with 50# sacks of rice, beans, flour, corn meal, etc...., as well as canned goods.
Good luck, I think that we are all going to need it. - Metadrew, on 11/26/2008, -4/+29Has anyone mentioned that the account has exceeded its CPU quota yet?
- MindTrigger, on 11/26/2008, -1/+25I live in Southern California, not far from many, many earthquake faults such as San Andreas. I decided long ago that storing food, water and medical supplies for an emergency was prudent. Especially after witnessing Katrina.
What you want to do is change the way you think about keeping food at home. Back in the day, our grandparents kept a "pantry" which was stocked with food enough to last bad winter. Think of your pantry as a mini-grocery store where you stock items, always using the oldest stuff first so it won't expire. Keep a grocery list of what you used so you can buy more when you go shopping. Do this with staple items you already eat and enjoy. Most canned and dry goods are good for 1-3 years if stored properly. I'm giving you this information in a nutshell, but there is plenty to learn about it online if you are serious.
My house doesn't have an actual pantry cabinet in the kitchen, so I put some shelves up (ready-made from Home Depot) in half of one of my bedroom closets, and I store food in there. It's become a normal part of my life now, and I don't even think much about it. Storing supplies is not any more based in fear than getting car, health or home insurance is. Anyone who tells you that you are a whack-job for keeping some supplies in your own home probably doesn't think much about the future at all, let alone future scenarios where it could be a life-saver to store the stuff. They also probably expect someone will come along and help them when they need it. Ask the victims of Katrina how that worked out for them. -
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