color: SOME SOLDIER'S MOM: Trillion $$$ Bailouts???

Tuesday, January 13, 2009

Trillion $$$ Bailouts???

Obama team gives bailout more scope
U. S. government's controversial US$700-billion rescue package...
the next US$350-billion...
The fund ended up taking US$250-billion...
Congressman Barney Frank... demand that more than US$40-billion
Emergency Economic Stabilization Act of 2008
authorizing the... Secretary of the Treasury to spend up to US$700 billion
Obama team: 'Urgent' need for bailout money
the second half of the $700 billion financial bailout
Who'll want a bailout next?
Hustler publisher Larry Flynt and Joe Francis of the "Girls Gone Wild"... need for assistance — about $5 billion worth.
so all these casual references to billion dollars here... billion dollars there... added $20 billion in pork here... (Read the 2008 Pig Book which identifies 11,610 projects at a cost of $17.2 billion in the 12 Appropriations Acts for fiscal 2008) made me wonder

How many zeros in a billion?

This is too sad to be funny. The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.

A billion is a difficult number to comprehend, but one advertising agency did a good job of
putting that figure into some perspective in one of its releases.

A billion seconds ago it was 1959.

A billion minutes ago Jesus was alive.

A billion hours ago our ancestors were
living in the Stone Age.

A billion days ago no-one walked on the earth on two feet.

E. A billion dollars ago was only 8 hours and
20 minutes, at the rate our government is spending it.

and that TRILLION dollar bail out??
one trillion = one thousand billion.

so while you're rubbing your hands in glee (or dismay) about what's in a bailout for you?? Remember "The government cannot give anything to anyone that it does not first take from someone else."

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At 1/14/2009 6:24 AM , Blogger Guard Wife said...

I appreciated you sending me this in an e-mail. Hubs and I marveled at it all...ugh! Dizzying.


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