money.cnn.com — "The Bush administration is asking Congress to let the government buy $700 billion in toxic mortgages in the largest financial bailout since the Great Depression, according to a draft of the plan obtained Saturday by The Associated Press."
Sep 20, 2008 View in Crawl 4
Closed AccountSep 20, 2008
This is so depressing
Closed AccountSep 20, 2008Submitter
With 1 trillion being created out of thin air? No way. I refuse to believe gold will crash.
Closed AccountSep 20, 2008
The quality of life in America will continue to decrease in the coming decades. We will be plagued by:Social SecurityNational Debt (trillions)No health careUnderperforming schoolsRising cost of a college educationConstitutional Rights that continue to be chipped awayA largely ignorant and complacent population who refuses to take actionOur government's policies will further drive Americans to consider moving to countries that actually take care of their citizens. Norway, Denmark, Canada, they all seem to have more in mind than the almighty dollar. The quality of life is higher in all of these countries compared to the United States.Governments are instituted among Men, deriving their just powers from the consent of the governed, that whenever any form of Government becomes destructive to these ends, it is the Right of the People to alter or abolish it, and to institute a new government.....- Declaration of Independence (1776)
bknackOct 6, 2008
$ 700,000,000,000.00 would circle the equator just under two (2) times stacked in $1.00 bills. Not end to end, mind you. I'm talking about stacking the bills (each bill is 0.0043 inches thick so the stack would be just over 47,506.31 miles high) and then wrapping them around the Earth. The Earth has a circumference of 24,849.82 miles.Just trying to get a handle on that much money.