2008-11-25

The Money Hole: $4.3 Trillion and Counting

Tonight on Rachel Maddow:
According to CNBC, US Govt has commited $4.3 trillion to fixing economic crisis. Barry Ritholtz, author of Bailout Nation, has calculated the bailout is more expensive than all of the following, combined and adjusted for inflation:
The Marshall Plan + The Louisiana Purchase + The Race to the Moon + The Savings & Loan Crisis + The Korean War + The New Deal + The Iraq War + The Vietnam War + The Lifetime Budget of Nasa

In The Know: Should The Government Stop Dumping Money Into A Giant Hole?

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