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!
The Blog: A compendium of thoughts on politics, world affairs, economics, pop culture and social issues, from the center right perspective of me--Bryan McGrath--a University of Virginia graduate who spent a career in the world's greatest Navy keeping my mouth shut about politics and social issues (ok, publicly keeping it shut). Those days are over! Pull up a chair and chime in where you will. Keep it clean, civil, concise and relevant.
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4 comments:
His last line was: "A trillion dollars is only 1/10th of the current bailout"
Have 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
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!
The late Everett Dirkson must be spinning at high RPM
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