Wednesday, November 26, 2008

 

The Bailout...

I found this amazing comparison today:

Big Bailouts... Bigger Bucks.

If we add in the Citi bailout, the total cost now exceeds $4.6165 trillion dollars.

Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout has cost more than all of these big budget government expenditures – combined:

• 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

data courtesy of Bianco Research

Monday, November 03, 2008

 

Enter The HuffPost Election Forecast Contest


My HuffingtonPost contest predictions:



Electoral College:

Obama 457

McCain 81



Popular Vote:

Obama 59%

McCain 38%



Senate:

Democrat 61

Republican 37

Independent 2



House:

Democrat 287

Republican 148



Minnesota:

Franken 49%

Coleman 41%

Barkley 9%
About Joe Lieberman
Read the Article at HuffingtonPost

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