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Poverty to hit a record gain
Posted: Sat Sep 11, 2010 8:03 pm
by Heretic
Yep there will be more people that are poor. What shall they do? Well I guess they will help overwhelm the Governmental programs.
http://www.forbes.com/feeds/ap/2010/09/ ... 20188.html
Posted: Sat Sep 11, 2010 8:28 pm
by CUDA
don't worry the rich can afford it
Posted: Sat Sep 11, 2010 9:21 pm
by Will Robinson
I hope it will change
I hope it will change
I hope it will change
[/me clicks heels together 3 times]
Posted: Sun Sep 12, 2010 5:17 am
by Krom
Don't worry, the Democrats and Republicans in Washington have this great plan to make the wealthy even more wealthy that should balance it all out...
Posted: Sun Sep 12, 2010 3:42 pm
by TechPro
Yep, if we keep following President Obama's instructions ... If we keep spending money, pretty soon there won't be any poor.
Posted: Mon Sep 13, 2010 12:58 pm
by Ferno
Thank you, GM bailout.
Thank you, AIG bailout.
Posted: Mon Sep 13, 2010 1:10 pm
by AlphaDoG
Don't forget Fannie and Freddy.
Posted: Mon Sep 13, 2010 1:28 pm
by Ferno
no kidding.
yep, sure was smart to keep crappy companies that couldn't produce anything people wanted propped up.
it'll keep and create jobs, they said.
it'll keep the economy going, they said.
yeah, right.
Re:
Posted: Mon Sep 13, 2010 1:33 pm
by null0010
Ferno wrote:Thank you, GM bailout.
Thank you, AIG bailout.
Let's see...
TARP cost $700 billion
AIG cost $153 billion
Fannie and Freddie cost $400 billion
GM cost $62 billion (I might be wrong on this one)
That's about 1.3 trillion dollars. TARP is meant to be
repaid, the AIG bailout has a
rather high interest rate, and the GM bailout may
pay for itself, leaving us with $400 billion poured into Fannie and Freddie. Really pales in comparison with the
trillion dollars that have no way of being repaid spent on the war on terror since 2001.