Watchdog: Financial Bailout Support Could Reach $23.7 Trillion

Discussion in 'Current Events' started by Zoom-boing, Jul 20, 2009.

  1. Zoom-boing
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    Zoom-boing Gold Member

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    Watchdog: Financial Bailout Support Could Reach $23.7 Trillion - Political News - FOXNews.com


    Holy crap.
     
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  2. xsited1
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    xsited1 Agent P

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    The Fed will just print more money. Paper's cheap, right? :D
     
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  3. Zoom-boing
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    Zoom-boing Gold Member

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    Bah . . . I'll just get my kids to draw me some. Same difference.
     
  4. Modbert
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    Modbert Daydream Believer Supporting Member

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    [ame=http://www.youtube.com/watch?v=WlBiLNN1NhQ]YouTube - Always Look On The Bright Side of Life[/ame]
     
  5. Baruch Menachem
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    Baruch Menachem '

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    Well, it worked so well for the Germans back in the 20's, didn't it?
     
  6. MaggieMae
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    MaggieMae Reality bits

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    That "announcement" assumes the worst case scenario of everything that can go bad does go bad, and all at once, creating the perfect storm. It's a fictional assumption based on a plethora of existing separate scenarios. But I'm sure FOX will carry it in full, with all their commentators weighing in this evening, so stay tuned for their prediction of THE END TIMES.
     
  7. Mr.Fitnah
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    Mr.Fitnah Dreamcrusher

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    We are bankrupt already.
    we cant service the debt from starbucksm walmart and car lease payments,
     
  8. Toro
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    Toro Diamond Member

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    I'll be off to the Caymans...
     
  9. Sinatra
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    Sinatra Senior Member

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    24 TRILLION!!!!!!!!!!!!!!!!!!!!!!!

    Good God.
     
  10. MaggieMae
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    MaggieMae Reality bits

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    And the Confederacy during the Civil War.

    That brings me to a point I'm sure smart folks who post here know in their hearts to be true--and that is that the entire global economy is not run by any tangible resource such as gold and silver, but by paper and wire transfers. So the real "value" of any one nation can't be determined by collateral alone.
     

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