
The Fed chairman, Bernanke, just let the taxpayers in on just how much this nationalization of Wall Street is going to cost us. It looks like it will come to a whopping one trillion dollars. Let's put this seemingly benign number in perspective.
Iraq war = $ 580 billion
The entire expenditure of NASA over the last 40 years has been approx. $ 600 billion
With a population of approximately 300 million people, you could give away your $ 1 trillion by giving every man, woman and child in the U.S. $ 3,400 each.
Let's say your working life is 40 years (from age 25 to age 65) and you work 40 hours a day, 52 weeks a year (you're a workaholic and don't take any vacations). If you earned $ 1 trillion during your working life, then you got paid $ 200,000 per minute.
Thanks to The Galloping Beaver for these fun (read depressing) statistics.
0 comments:
Post a Comment