Ask Jerves
"nothing has ever been this true."
Getting robbed
After Citi, $4.6165 trillion of our dollars have been spent bailing out banks. (This before any job-creating stimulous.) Compare the infuriating abuse of our tax-payer dollars to other massive public expenditures throughout history.
• Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
• Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
• Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
• S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
• Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
• The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
• Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
• Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
• NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion
TOTAL: $3.92 trillion
vs.
$4.6165 trillion on banks who won’t even accept oversight. We’re getting robbed, and nobody (besides Beltway insiders, hyperactive bloggers and economic wonks) is paying attention.
