Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout has cost more than all of these big budget government expenditures - combined:
* 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"
Another MONDAY, ANOTHER BAIlOUT
Someone went insane on one of these. Probably the socialist Barney Frank which should be shot. But that would be murder and I'm you know atheist. What happen to the good old sane democrats. Are there any left? And then Barack Obama hires a bunch of Clintonites to become a moderate.
Why not have 2 moderate parties? Ie: Socially liberal, politically conservative. What I mean is a hybrid party that invites all the liberal music and culture in right-wing point-of-view of pro-military, pro nuclear, pro-superpower, anti-corruption, anti-ear-marks. We're talking emulation here. It's been done before, I mean we're a representative republic...the constitution was an anti-political party republic conservative document. An allusion yes, but the truth is because we're a superpower with a state-of-the-art military to go wars (every decade we have a war or two), we're the most conservative nation on Earth. For example the #2 nation has only 2 carriers. We have 12 commissioned!
It is literally four trillion dollars + whatever Barack Obama spends Vs. cutting taxes with Reaganomics (not costing four trillion dollars + whatever Barack Admin spends) and some creative tactics like giving everyone checks for private healthcare. And we would be more self dependent and not borrow an ungodly amount from communist China.
I believe in Reaganomics, Chapter 11 bankruptcy and reorganizing of all these companies. The overly greedy socialist-begging labor unions composed in the GM, Ford and Chrysler, and Teacher unions are mostly liberal, and will bring down their institutions in bizarre expectations.
Oh yeah, I voted a strait republican ticket on the 4th.
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