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View Full Version : Scanning for first reactions to Bailout..




JaylieWoW
10-01-2008, 09:15 PM
Came across this in USA Today:


http://www.usatoday.com/money/economy/2008-10-01-washington-bailout-wrap-Wednesday_N.htm

Link above if you want to read the whole thing.

The part that caught my eye:


The Joint Committee on Taxation and the Congressional Budget Office estimates it would increase the federal deficit by nearly $110 billion by 2018.

Ok... we just gave the BUSH administration (and probably the incoming Obama administration) a BLANK check for AT LEAST $700Billion dollars which will probably be spent in about a year and someone is griping about $100 billion by 2018? Our deficit is 9Trillion and climbing fast and someone is bitching about $110 billion in money that belongs to citizens? Boy talk about taking ownership, not just what we have today but what we'll plunder for the next TEN YEARS. Damn I so mad! :mad:

Bern
10-01-2008, 09:48 PM
If it makes you feel any better, by 2018, the dollar will be so worthless, everyone will be multi-millionaires. Of course, it won't matter because prices will rise faster than incomes...