Tuesday, September 23, 2008

Think of It This Way

This is from Chuck Todd of MSNBC and I've included the website.

Pretty scary, huh? Certainly hung a dark cloud over my afternoon.

With Paulson and Bernanke testifying before the Senate Banking Committee today on the proposed bailout, here's a bit of perspective on the size of the $700 billion proposal. If it were a country, it'd be the 21st largest in the world. It's more than the cost of the Iraq war. It's larger than the Pentagon budget and more than 11 times the U.S. education budget. It basically adds up to about three Ohios.


1 comment:

Margie's Musings said...

Good grief! And they want us to write them a blank check! I wrote a letter to the editors of our newspapers concerning my opinion on this bailout and hopefully, they will print it.

I have learned that the legislators employ a clipping service to keep track of such things since they reach their constituency.