$$ 1/2 Trillion Bailout

[Pauls' Revere]

In this article it mentions that it took taxpayers six years to payoff the savings and loans debacle which happened in the 1980's. That would be equivalent to 200 Billion dollars if it were to happen today. This mess and bailout is going to cost the taxpayers (through a trust fund) at least a half trillion dollars so figure ( and correct me if I'm wrong, it might take tweleve years with the wind at our back to pay this off! I remember what Dr Paul said we have to have double digit sustained economic growth for the next 75 years to pay off the debt! Which anyone with half a brain knows is impossible. Personnally, I believe today our leaders bought time to get the economy past the Novemeber selections. I am also suspicious that the short selling freeze will be lifted come mid January after the Inaguaration. How on Earth are we going to climb out of this hole.

http://news.yahoo.com/s/ap/20080920/...ncial_meltdown

[idiom]

It will be closer to $2T which adds to F&F's $1T.

Then the automakers and airlines will need help...

And the Iran war will need funding...

Hyper Inflation is the only way out.

[Pauls' Revere]

Your right, I forgot about those things too. In addition there's the clean up and rebuild from hurricane Ike.

[Gideon]

Since we're pulling digits out of our deepest, darkest orifices, why not simply make it a cool quadrillion bailout-bucks?

Either way, the "money" only exists in the form of debt.

If you haven't read it yet, please peruse Fiat Money Inflation in France. This is not my web-site, nor do I profit from endorsing this rather dry narrative. I am simply providing you information for your own edification, and which I truly believe will assist you in grasping the sheer magnitude of the economic debacle which we NOW face. Liberty Dollar Monetary Architect Bernard von NotHaus provided me with a hardcopy of this book back in 2005.
This short book will also provide an historical perspective which will hopefully assist you in understanding where we are headed, with the added admonition that contemporary electronic banking facilitates a minimal need for printing presses and physical paper.

Short version: We are financially scrod! Make preparations, including PMs, security, and bugouts, and prepare for the worst!

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