erynthered Posted February 9, 2009 Share Posted February 9, 2009 http://www.bloomberg.com/apps/news?pid=was...id=aGq2B3XeGKok The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world. It’s 13 times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office data, and is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve. Link to comment Share on other sites More sharing options...
Chump Change Posted February 9, 2009 Share Posted February 9, 2009 I don't see what the big deal is. Printing money employs Americans in the printing industry. And with the decline of the newspapers, there are many printers out of work. This stimulus measure should help them. A trillion here, a trillion there. No problemo mi amigos! Link to comment Share on other sites More sharing options...
YellowLinesandArmadillos Posted February 9, 2009 Share Posted February 9, 2009 http://www.bloomberg.com/apps/news?pid=was...id=aGq2B3XeGKok And everyone laughed when McCain proposed that doing so would be a solution to the mortgage crisis... I have been saying this all along, if you are going to spend that kind of money, start with the source, not the symptoms. Link to comment Share on other sites More sharing options...
StupidNation Posted February 9, 2009 Share Posted February 9, 2009 And everyone laughed when McCain proposed that doing so would be a solution to the mortgage crisis... I have been saying this all along, if you are going to spend that kind of money, start with the source, not the symptoms. And the people who laughed at him are the same people in the media who see the "great insights" and "wisdom" of this administration who are trying to do something to "save the economy". While I didn't agree with him on some issues, the only guy who ran for president who had the only real solution was Ron Paul. Go watch the videos of him 2 years ago, 5 years ago, and this guy is spot on how to fix the economy. Link to comment Share on other sites More sharing options...
RLflutie7 Posted February 10, 2009 Share Posted February 10, 2009 http://www.bloomberg.com/apps/news?pid=was...id=aGq2B3XeGKok I've always said that we should put money into the people's hands and not companies and banks. Let those companies go under. I think the real reason for the bailout is to protect billionaires from financial collapse rather than regular people. Link to comment Share on other sites More sharing options...
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