![Courtnie Quinlan is Topless in Loaded [NSFW-ish]](http://www.flisted.com/wp-content/uploads/2012/02/courtnie-q-2-150x84.jpg)
Beef is Broke: Just Give It To Me!
Ever hear the news and go, “I thought we already bailed out the economy!”. Well, no, we are still a long way off, but the bailout total is now above $5,000,000,000,000, and counting. (That’s $5 trillion f*ing dollars!)
After reading the explanation of bailout money here, and understanding that those figures are from 3 & 1/2 months ago, before this last round and more job losses, home foreclosures, poor consumer confidence, and everything else, it’s down-right scary.
Let’s say that we stopped right there at $5 tril. Looking back, if you take that amount of money and split it evenly across everyone in the US (305 million people). Every single person in the US would get nearly $16.5K. Think about that! Families of 8 getting $132K to pay of debt? I think we would see some consumer spending for sure! Housing prices would go back up! Foreclosures would come to a halt. Cars would be bought. We would be living the dream!
That is, until we have to pay it back. Face it people, we have a failed system right now. There is not much we can do, except to let it fail and then build a better one.
We need a bag of mixed socialistic-democracy and regulated capitalism, until we can be left alone without a babysitter.
In the meantime, I’m thinking about that $16,500 in taxes that I’m going to pay over the next few years, and how that is going to get some CEO from New York to Lake Como on a private jet.
What would I do with my $16.5k right now? Buy the safest, low risk bonds out there. This sh!t has been hitting the fan for a while (yes, that is a Beef original pic). Soon, it’s going to rain down on top of us. When we hit bottom, maybe I will think about buying some cheap investments, but not yet.
What would I do with the $5 tril? Hmmm, Australia seems like a pretty peaceful place.
Posted In:
5 trillion, bailout, bailout total, Beef is Broke, funds, tarp
Suffice to say, it’s not going to get better any time soon. The numbers are too staggering to deal with. They throw around trillion as if it’s now the new billion. I have little faith in the decision making ability of people who I feel aren’t qualified to lead our economy out of this downward spiral. It’s a very sad state of affairs and something we’ll have to pay for dearly the remainder of our lives.
Agreed. Sigh, it’s only nine trillion dollars in debt.
http://www.rooftopcomedy.com/watch/NineTrillionDollarsInDebt
I’d do a lot with 17k. Pay off my debt and that of my family, and put the rest under my mattress along with my porn
I can’t help but feel the catch 22 that if Gore had been President and his plan to pay off the national debt with the budget surplus had passed on, we wouldn’t be in THIS situation right now. Of course we would be in a whole other mess with the Chinese spy-plane deal and 9/11.