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NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
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Topic: NYTimes breaks down 8.8 Trillion Dollar Bailout in chart (Read 412 times)
Revolt426
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NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
«
on:
February 23, 2009, 11:29:56 PM »
http://www.nytimes.com/interactive/2009/02/04/business/20090205-bailout-totals-graphic.html
Cant paste it, worth a look if you are interested.
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"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate … It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Monkeypox
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Re: NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
«
Reply #1 on:
February 23, 2009, 11:54:14 PM »
When the numbers get that big (trillions) they cease to have any real meaning.
Who can really comprehend numbers that large?
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War Is Peace - Freedom Is Slavery - Ignorance Is Strength
The history of liberty is a history of resistance. The history of liberty is a history of limitations of governmental power, not the increase of it. - Woodrow Wilson Speech in New York, September 9, 1912
Elvis
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Re: NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
«
Reply #2 on:
February 24, 2009, 12:16:42 AM »
Quote from: Monkeypox on February 23, 2009, 11:54:14 PM
When the numbers get that big (trillions) they cease to have any real meaning.
Who can really comprehend numbers that large?
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”
http://thinkprogress.org/2008/09/24/treasury-large-number/
Evidently, not even the "experts" can!
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"A great civilization is not conquered from without until it has destroyed itself from within." - Will Durant
Monkeypox
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Re: NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
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Reply #3 on:
February 24, 2009, 12:35:22 AM »
Quote from: Elvis on February 24, 2009, 12:16:42 AM
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”
http://thinkprogress.org/2008/09/24/treasury-large-number/
Evidently, not even the "experts" can!
Gives you a warm, fuzzy feeling, don't it?
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War Is Peace - Freedom Is Slavery - Ignorance Is Strength
The history of liberty is a history of resistance. The history of liberty is a history of limitations of governmental power, not the increase of it. - Woodrow Wilson Speech in New York, September 9, 1912
Elvis
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Re: NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
«
Reply #4 on:
February 24, 2009, 12:42:24 AM »
I like the comment section:
"Pinch me….
I think I’m having a really bad nightmare."
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"A great civilization is not conquered from without until it has destroyed itself from within." - Will Durant
nofakenews
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Re: NYTimes breaks down 8.8 Trillion Dollar Bailout in chart
«
Reply #5 on:
February 24, 2009, 12:44:37 AM »
Quote from: Revolt426 on February 23, 2009, 11:29:56 PM
http://www.nytimes.com/interactive/2009/02/04/business/20090205-bailout-totals-graphic.html
Cant paste it, worth a look if you are interested.
Yeah and just think of the credit default swap at 60 trillion.. The numbers above and below are mind blowing....
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