Taxpayers Robbed of $10 Trillion for Bailout
Posted in AIG, Bailout, Banks, Barack Obama, Detroit, George W Bush, Government, Politics, Presidential on Feb 10th, 2009
Tag Archive 'financial crisis'
Bailout 2008: More Expensive Than Largest Combined
Posted in Bailout, Economy, Finance, Government, Politics on Dec 4th, 2008
And the insanity continues…
The graphic above demonstrates how the 2008 bailout, so far, costs as much as several large and famous government projects added up together. Yes, these numbers are inflation adjusted.
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 [...]
Depression 2009: What would it look like?
Posted in Economy, Finance, History, Science, Social on Dec 1st, 2008
Over the past few months, Americans have been hearing the word “depression” with unfamiliar and alarming regularity. The financial crisis tearing through Wall Street is routinely described as the worst since the Great Depression, and the recession into which we are sinking looks deep enough, financial commentators warn, that a few poor policy decisions could [...]
Russian Analyst Predicts Decline and Breakup of United States
Posted in Finance, Government, New World Order, Politics on Dec 1st, 2008
MOSCOW, November 24 (RIA Novosti) - A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily Izvestia published on Monday: “The dollar is [...]