Lifestyle > Train of Thought
Dow plunges 700 amid global sell-off
Low Key:
So what did the bailout do again? I mean, aside from raise my taxes.
Turf Hitta:
--- Quote from: Low Key on October 06, 2008, 10:24:29 PM ---So what did the bailout do again? I mean, aside from raise my taxes.
--- End quote ---
Funny, I was just about to start a thread asking where those 700 billion dollars are going. What and/or who exactly are we paying for? Is it just saving the asses of corrupt people who already embezzled the fuck out of America? What is this money supposedly going to do? Someone with a little insight please explain.
Rugged Monk:
...where does the money ever go to for that matter?
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt as of 07 Oct 2008 at 06:20:36 AM GMT is:
$10,196,903,992,467.48
The estimated population of the United States is 304,862,460
so each citizen's share of this debt is $33,447.56
The National Debt has continued to increase an average of
$3.18 billion per day since September 28, 2007!
Watch the National Debt clock:
http://www.brillig.com/debt_clock/
Mr. O:
check this out... we all have morgages.(sorry spelling error), however big companies like jp morgan or fennie mac and other bullshit companies be giving and taking bad loans...including banks.
bad loans=zero money= "Gov't, I need help...i lost money...save me!" You do know that people tend to get homes that they can't fuckin' afford...
Basically, we're like superman with poor condition and still gotta save their sorry companies' asses by raising taxes and other shit i might forgotten.
The price: 700 billion.
Rugged Monk:
--- Quote from: pc8381 on October 06, 2008, 11:25:40 PM --- You do know that people tend to get homes that they can't fuckin' afford...
--- End quote ---
Exactly thats what i keep saying, but Americans seem to think the market just regulates itself and everything works out in harmony all clockwork like in the magical land of lollipop land...
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