Thursday, December 18, 2008

The Cost of the Bailout in Perspective

This chart kind of puts in perspective how much money we are throwing at this "financial crisis".

The amount we are spending is more than NASA's cumulative budget, Vietnam War, GWB's Iraq Invasion, The New Deal, Korean War, the S&L Crisis, Race to the Moon, Louisiana Purchase, and the Marshall Plan combined!

Simply unreal. We are in uncharted territory for our country, and I think it will get much worse before it gets better! No matter how much money they throw at it, they can't force people to buy houses or cars or take on more debt. Prices maybe deflating now...but in time inflation will catch up! Prepare now, while stuff is cheap...stock up as much as you can, especially if you can get them free or really cheap!