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Bad Sign: $700,000,000,000.00 Giveaway Won't Get Hearings

How much is seven hundred billion dollars?

Well, pull out your wallet. Now lay however many dollar bills you have in there end to end. If you’re lucky, your stash may reach halfway across your kitchen table.

Start at your kitchen table and lay seven hundred billion dollars laid end to end, and you would reach to the planet Venus… and 400,000 miles beyond.

That’s a lot of money.

The Bush administration has a proposal to take on the burden of rich institutions’ bad debts and in exchange give those rich institutions enough money to get them to the Planet Venus.

Do you think it is a good idea that Bush’s plan will sail through Congress without hearings?

3 comments to Bad Sign: $700,000,000,000.00 Giveaway Won't Get Hearings

  • You know, it drives me crazy when I hear people say that the government might make some money back by owning this debt. If these bad debts sunk the banks, how are they supposed to suddenly become profitable?

  • Tom

    It’s all lies and since we’ve been letting corporate America off so easy over the past 8 years (actually, it’s been much longer than that), it doesn’t seem like the majority of American voters (or anyone else except maybe Ralph Nader and his campaign) is even trying to stop the continued rape of our treasury, our Constitution and our rights. People are more concerned with their local football team than about the HUGE amount of debt we’re being TOLD to accept. Just wait til this stuff all settles out (over the next couple of years anyway) and we actually see and feel what a government modeled after the Robter Mugabe school of finances feels like.

  • Gioia

    Thanks to the republican socialist party, the taxpayer is once more being told to cough up for the trough….also known as bottomless greedy pit of repubs.

    No hearings….panic rush for approval, sound familiar???.

    Rapture Now, Please!!!!

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