Clipmarks | Vietnam Clips"Iceberg -- Dead Ahead!"clipped by: merrieclippers remarks: Criminal. Irresponsible. Outrageous. Even before the federal government nationalizes the entire, $3 trillion-a-year health care industry, its spending was completely out of control: data courtesy of Bianco Research The only single American event in history that even comes close to matching the cost of the credit crisis is World War II: Original Cost: $288 billion, Inflation Adjusted Cost: $3.6 trillion The $4.6165 trillion dollars committed so far is about a trillion dollars ($979 billion dollars) greater than the entire cost of World War II borne by the United States: $3.6 trillion, adjusted for inflation (original cost was $288 billion). Go figure: WWII was a relative bargain. I estimate that by the time we get through 2010, the final bill may scale up to as much as $10 trillion dollars?  Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout has cost more than all of these big budget government expenditures ? combined: ? 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 That is $686 billion less than the cost of the credit crisis thus far. I blame Bush. Systemic Changeclipped by: debbyski Dr. King in his Beyond Vietnam speech criticized "the Nietzsches" of the world who saw Love as a weak and cowardly force. Therefore as Dr. King observed in his Beyond Vietnam Speech, in order to move past the American War Machine based on seemingly endless enemies, we need to restructure society into a Just and Compassionate System in which the economy and the political and social structures work for the people. Dr. King warned of a future in which Compassion has been rejected and Hatred and Greed fuel the profit motive. That vision is based on a systemic approach that restructures society based on humane values and human need. Quite simply, Dr. Kings vision is a vision of Love in action. We declare Love and Justice are nice sounding words but have no real place in human systems. Only might will make us right and make us safe. We can demand that societal systems be organized around Compassion and Justice. Für die Inhalte dieses Feeds ist alleine der jeweilige Autor/Anbieter verantwortlich. Die Inhalte stellen nicht die Meinung von EasyRSS dar. Dies ist eine automatisch generierte E-Mail. Bitte antworten Sie nicht auf diese E-Mail. Wenn Sie Feedback an EasyRSS senden wollen, nutzen Sie bitte das Feedback Forumlar. Wenn Sie sich von EasyRSS abmelden wollen, gehen Sie bitte auf den Menüpunkt "Meine Daten". Ihr EasyRSS Team http://www.easyrss.de |
2010/01/22
EasyRSS: Clipmarks | Vietnam Clips
