TwoTexasEggs.blogspot.com

Passion is love and anger combined. Seize truth, and trust others will seize it in your absence.

Cultivated mind is the guardian genius of democracy.

Saturday, December 6, 2008

Milwaukee neighborhoods could print own funny money

Chicago Tribune

It's not a new concept—experts estimate there are at least 2,000 local currencies all over the world—but it is a practice that tends to burgeon during economic downturns. During the Great Depression, scores of communities relied on their own currencies.

And it's completely legal.

As long as communities don't create coins, or print bills that resemble federal dollars, organizations are free to produce their own greenbacks—and they'd don't even have to be green.



Remember Franklin Roosevelt's New Deal during the Great Depression and the seizure of gold?

Bailout costs more than
Marshall Plan, Louisiana Purchase, moonshot, S&L bailout, Korean War, New Deal, Iraq war, Vietnam war, and NASA's lifetime budget -- COMBINED!


[Article Link]
If we add in the Citi bailout, the total cost now exceeds $4.6165 trillion dollars.

Crunching the inflation adjusted numbers, we find 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



And this is the most interesting of all...
Political Scientist Predicts U.S. Will Break Into 6 Parts

Professor Igor Panarin predicted that the U.S. will break up into six parts—the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Indian populations; and the northern states, where the influence from
Canada is strong.



Who would benefit from the Union splitting up?

1 Comments:

Blogger Chief Dancing River said...

Fascinating, how do you do it, that is gather and synthesize the daily world....

December 8, 2008 at 5:39 PM  

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