So I have a question, but that is at the end. Here's a thought for now...
The bailout, the bailout... the black hole.. how much is it now? Oh about 24 trillion. Twenty-four TRILLION dollars. That is a lot of.. well it's a
lot of something. And... It's gone. Poof.
And what could we have done with $24,000,000,000,000.00 do you think?
Adjusted for inflation, US credit card debt doubled between 1989 and 2004, while total mortgage debt in the US rose from $4.8 trillion in 2000 to
$10.5 trillion in 2007.
It would appear that the $10.5 trillion mortgage debt that they said started this could have been paid off in full.
Student loans total somewhere around 260 billion. Well, with what is left over I think we could have covered that many times over. So if I am off a
little on the amount, throw in an extra 100 billion for good measure.
Well there is still money left over so why don't we take care of everyone's credit card debt. That is somewhere in the area of $612 billion. Only
$612 billion. Well, no problem; it's covered. There.
Now there is still at least $12.5 trillion left. What to do what to do... maybe we could have paid off some other things as well.. Auto loans? Or
maybe we could have helped someone... we could have helped an awful lot of kittens.
Maybe we could have rebuilt the schools and given a raise to teachers... maybe we could have but no.. not in this paradigm. Not today.
Maybe we could have built base on the moon. I'm serious. Maybe we could have done SOMETHING.
What, on this blue-green earth did this hiest of $24 trillion accomplish other than to give the good life and a good laugh to a few people in special
But that was the smart thing to do right? Duh... Do you like shiney things? Take another sip of aspartame.. Quiet you. They know what to do with the
money. You still owe of course. Where do you suppose it actually went?
To fund the ultimate black ops project? Hey maybe they got a secret?! Hrmm...
And so people will sit and stare into the abyss (Did'nt anyone ever tell them about staring into the abyss?)
Just curious, what would YOU have done with 24 Trillion? I think I'd would start my own space program. We could start a mars colony. Ciao 4 now...