This is most definitely not a rescue.
Words that describe this…
Amazing.
Sad.
Insane.
Rage.
Hilarious.
Stupid.
Epic.
Fail.
Financial Rescue Nears GDP as Pledges Top $12.8 Trillion (Update1): “The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s.
New pledges from the Fed, the Treasury Department and the Federal Deposit Insurance Corp. include $1 trillion for the Public-Private Investment Program, designed to help investors buy distressed loans and other assets from U.S. banks. The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation’s gross domestic product was $14.2 trillion in 2008.”
I misread the word rage as rape at first glance, still quite fitting however.
ReplyDeleteEpic failure indeed.
ReplyDeleteBut that won't deter future follies.
$12.8 trillion, and counting
ReplyDeletebeyond comprehension...What will you say when your kids ask you what were you thinking??
ReplyDeleteWe will tell them the truth - our government was corrupt and being controlled by Wall Street.
ReplyDeleteI fear a populist uprising is getting more likely every day. There is probably going to be a lot of blood spilled before this is over.
Geez why did they not just outright give that money to poor people, to spend at their local shops?
ReplyDeleteWould that not have stimulated economic activity?
Some other [Funny Sad Tragic Absurd] things:
ReplyDeletePeople have taken Over 1 Trillion Dollars Worth of Credit Default Swaps Against Governments. Who the fuck would do such a moronic thing? If The US gov goes does anyone thing the dollar will be worth the cotton its printed on?
There are 500 trillion dollars of CDS outstanding http://www.bis.org/publ/otc_hy0805.pdf?noframes=1 even if 90% is traded off the books that's still 50 trillion dollars. I hope the government isn't trying to rescue this.
You post a comment like this and still want to go short gold. You are looking down the barrel of a busted dollar.....Jeeez
ReplyDelete花蓮|花蓮民宿|花蓮|花蓮民宿訂房諮詢服務|花蓮民宿|花蓮旅遊|花蓮民宿|花蓮美食|花蓮旅遊|花蓮黃頁網路電話簿|花蓮入口網|花蓮民宿黃頁花蓮旅遊|花蓮美食|花蓮飯店|花蓮住宿|花蓮民宿|花蓮民宿|花蓮|花蓮|花蓮民宿|
ReplyDelete花蓮|花蓮民宿|http://www.hl998.com.tw|花蓮旅遊|花蓮美食|花蓮住宿|花蓮飯店|花蓮旅館|花蓮|花蓮民宿|花蓮民宿推薦|花蓮民宿市區|花蓮民宿王|花蓮民宿網|花蓮民宿資訊網|花蓮民宿悠遊網|花蓮民宿交流網|花蓮海景民宿|花蓮海邊民宿|花蓮海岸民宿|花蓮旅遊民宿|花蓮|花蓮旅遊|花蓮廣告|花蓮民宿|花蓮房屋|花蓮汽車旅館|花蓮派報|花蓮飯店|花蓮派報|花蓮旅館|花蓮美食|花蓮餐廳|花蓮小吃|花蓮名產|花蓮工作|花蓮新聞|花蓮租車|花蓮入口網|花蓮旅遊|花蓮旅遊|花蓮旅遊景點|花蓮旅遊|花蓮旅遊景點|花蓮民宿|花蓮旅遊|花蓮房仲|花蓮旅遊景點|花蓮美食|花蓮餐廳|花蓮小吃|花蓮名產|花蓮縣長|花蓮租車旅遊網|花蓮行易旅遊資訊網|