http://www.thepriceofliberty.org/08/12/08/commentary.htm
Stupid baboon
tricks: the Crash of 2008:
Some
Bailout Context
Posted by: Amanda Carpenter at 9:36 AM (Monday,
01DEC08)
Bianco Research crunched the adjusted for inflation numbers for
previous conflicts and federal programs to compare it to the cost of the
financial bailout
This, I suppose, is "commentary" as it appeared in the Townhall.com blog and was put there by one of their columnists. It has some very valuable information to help relate the bailout AND to understand how worthless the dollar has become, over 200 years. If you count the Citi bailout, our total Wall Street welfare costs are more than $4.6 trillion. This is more than all the programs below combined. It will also cost more than the entire cost of World War II which, adjusted for inflation, cost Americans $3.6 trillion in today's dollars.
• 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
Shocking, isn't it? And PEOPLE DON'T SEEM TO CARE!