Blogging With Ike

"Men give me some credit for genius. All the genius I have lies in this: When I have a subject in hand, I study it profoundly. Day and night it is before me. I explore it in all its bearings. My mind becomes pervaded with it. Then the effort which I make, the people are pleased to call the fruit of genius. It is the fruit of labor and thought." - Alexander Hamilton

Saturday, September 27, 2008

700 Billion Grrrrrrrrrr

So I know this idea is going around and I am surly not the first to suggest it:

However: take the $700B that will turn into $1.5T and divide the $700B into the number of America Citizens over the age 18 and guess what. It is not 425K. It is only $3500.

At least we could purchase some Asgi shoes or something else.

But the problem is that We are each going to owe another 3500. That assumes that it is only 700B. Most likely this really bad bailout will cost at least twice as much. Of course Obama is the second largest recipent of FannieF?reddie money.

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