MONOPOLY MONEY

The bailout "plan" now exceeds 4 TRILLION and by some accounts more than 7 TRILLION. Look what we have done with that kind of loot over the years:

1. * Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
2. * Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
3. * Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
4. * S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
5. * Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
6. * The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
7. * Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
8. * Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
9. * NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion
   TOTAL: $3.92 trillion

Apparently there is a never-ending supply of money to be lent. Let's face it, we didn't know how to get out of our current debt of 10 TRILLION (see my debt clockto the right), so what makes anyone believe we will be able to take care of an additional 4, 5, 6, or 7 TRILLION? Answer - there is no way, making all of our money pretty much the equivalant of Monopoly money. The only difference is that with the GAME, there are rules.

"If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered." -- Thomas Jefferson in 1802 in a letter to then Secretary of the Treasury, Albert Gallatin

Think HE knew what he was talking about?