Can you spare a dime?

December 17, 2008
By JB

The American government’s potential bail out package is now at $7 trillion and rising. It will be the most expensive single expenditure in American history, more expensive than WWII ($3.6 trillion in today’s dollars, and greater than the Marshall plan, the Louisiana purchase, the Korean War, the Vietnam war, and the entire budget of NASA to date (including the moon landing) together, all in today’s dollars(globalnetnews-summary@lists.riseup.net). You have to wonder how a government that can’t solve poverty, homelessness, and health care for its citizens can access theses prodigious sums. Just like 1939 when a decade of deprivation for the working class was followed by massive amounts of money that magically materialized for the war.

The more things change…

-John Ayers

  • Share/Bookmark

Related posts:

  1. HAPPY WAGE-SLAVE-OFF DAYS!
  2. Africa and Poverty
  3. OBAMA – WHOSE PRESIDENT?
  4. Size Zero and the Super Models
  5. Malawi musings

Comments are closed.