The Bailout Breakdown - only $7.244 trillion dollars

A place to rant about politics, life, or just anything you damn well feel like telling others.
Post Reply
User avatar
Apoptosis
Site Admin
Site Admin
Posts: 33941
Joined: Sun Oct 05, 2003 8:45 pm
Location: St. Louis, Missouri
Contact:

The Bailout Breakdown - only $7.244 trillion dollars

Post by Apoptosis »

Hey guys guess what.... the real cost of the bailout so far is only $7.244 trillion dollars :shock:

http://www.msnbc.msn.com/id/29964171
Find us on Facebook to discover the faces behind the names!
Follow Me on Twitter!
User avatar
vicaphit
Legit Extremist
Legit Extremist
Posts: 2789
Joined: Thu Apr 05, 2007 2:22 pm
Location: SE Ohio

Re: The Bailout Breakdown - only $7.244 trillion dollars

Post by vicaphit »

Wow, I don't think that kind of money even exists. Why are we spending money that we cannot back up with the gold reserves?
----
Andy

New Rig: Intel Q6600 (2.7ghz), ASUS P5KC, 4GB DDR2-800, Palit 9600GT (1GB), Ultra X3 1KW (thanks LR!), Vista 64bit
Dell Rig: AMD Athlon X2 4000+ (2.1ghz), 2 GB DDR2 Ram, MSI 8800GT (512MB), Vista 32bit

PSN: VICaphit
User avatar
Sporg
Legit Extremist
Legit Extremist
Posts: 1200
Joined: Mon Dec 11, 2006 10:22 am
Location: Kansas City Area
Contact:

Re: The Bailout Breakdown - only $7.244 trillion dollars

Post by Sporg »

Well that's a relief. If it had been 8 then they would have gone too far. It's good to see our government show some restraint and spend money (that we don't have) responsibly. :toimonster: :vom:

Guess I had better start learning some Mandarin...
I would never die for my beliefs because I might be wrong.
~Bertrand Russell
User avatar
bubba
Staff Writer
Staff Writer
Posts: 4765
Joined: Sun May 01, 2005 10:24 am
Location: STL

Re: The Bailout Breakdown - only $7.244 trillion dollars

Post by bubba »

Sporg wrote:Guess I had better start learning some Mandarin...
I picked up a head set and Rosetta Stone to learn Spanish to get through automated phone systems faster and use the "special" line at the bank, guess I could pick that up as well ](*,)
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
-Thomas Jefferson
User avatar
martini161
Mr Awesome
Mr Awesome
Posts: 3183
Joined: Sat Sep 08, 2007 8:27 pm
Location: Cherry Hill, New Jersey

Re: The Bailout Breakdown - only $7.244 trillion dollars

Post by martini161 »

if you need anyhelp bubba im a native speaker :D (though i havent 98spken it in a long time)
User avatar
FZ1
Moderator
Moderator
Posts: 4448
Joined: Mon Dec 27, 2004 6:49 pm
Location: Cincinnati, Ohio
Contact:

Re: The Bailout Breakdown - only $7.244 trillion dollars

Post by FZ1 »

Once it gets over a a few hundred billion, it's just unimaginable.
Joe
User avatar
bubba
Staff Writer
Staff Writer
Posts: 4765
Joined: Sun May 01, 2005 10:24 am
Location: STL

Re: The Bailout Breakdown - only $7.244 trillion dollars

Post by bubba »

FZ1 wrote:Once it gets over a a few hundred billion, it's just unimaginable.
Maybe this will help :lol:

what exactly a trillion dollars looks like?

We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slighty fewer have owned them. Guaranteed to make friends wherever they go.
Image
A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.
Image
Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.
Image
While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet...
Image
And $1 BILLION dollars... now we're really getting somewhere...
Image
Next we'll look at ONE TRILLION dollars. This is that number we've been hearing so much about. What is a trillion dollars? Well, it's a million million. It's a thousand billion. It's a one followed by 12 zeros.
You ready for this?
It's pretty surprising.
Ladies and gentlemen... I give you $1 trillion dollars...
Image
Notice those pallets are double stacked.
...and remember those are $100 bills.
So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
-Thomas Jefferson
Post Reply