Anon - Oh, thanks. He made it sound like all the spending was a bailout. Although one could make the case I suppose. Still, no matter how you look at it, $1T is more than I could make in several hundred lifetimes and, here's the real test, I believe more than my wife could spend in a whole year!
His last line was: "A trillion dollars is only 1/10th of the current bailout"
ReplyDeleteHave I missed something? What $10T bailout is he talking about?
Fed spending. Doesn't mention the $10T here, but you get the gist http://www.nytimes.com/2009/07/21/business/economy/21bailout.html
ReplyDeleteAnon - Oh, thanks. He made it sound like all the spending was a bailout. Although one could make the case I suppose. Still, no matter how you look at it, $1T is more than I could make in several hundred lifetimes and, here's the real test, I believe more than my wife could spend in a whole year!
ReplyDeleteThe late Everett Dirkson must be spinning at high RPM
ReplyDelete