Thursday, March 28, AD 2024 6:30pm

Money Meets Rathole

moneyrathole

The Bankrupt the Nation Act of 2009, sometimes called the “Stimulus” bill, looks like it might pass the Senate.  The amount of money we are about to saddle upon our grandchildren, if not our great-grandchildren, to attempt to pay back, may be as little as $780,000,000,000.  For the sake of comparison,  here is a list of how much other monumental undertakings in our nation’s history cost, adjusted for inflation.  Between the Bankrupt the Nation Act of 2009 and the Great Bailout Swindle of 2008, our government will be allocating funds in less than six months that represent one-third the inflation adjusted cost of the US expenditures in WW2 over three years and eight months.  This is fiscal lunacy on a cosmic scale and future generations will wonder at our abysmal folly.

0 0 votes
Article Rating
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
trackback
Friday, February 27, AD 2009 6:25am

[…] have referred to the “Stimulus” bill as the Bankrupt the Nation Act of 2009 here, here, here, here, here and here.  Now we have Senator Judd Gregg (R., N.H.), the man who Obama wanted […]

trackback
Monday, April 19, AD 2010 5:19am

[…] money-meets-rathole/ […]

Discover more from The American Catholic

Subscribe now to keep reading and get access to the full archive.

Continue reading

Scroll to Top