700 Billion and 11.3 Trillion Dollars

[jeffg]

Business as usual:

"Discussions on the budget are far overshadowed by the ongoing debate over a $700 billion bailout plan for Wall Street. But the amount of money at stake — including a $488 billion Pentagon funding bill that hasn't seen a second's worth of public debate or review — is almost as great."

BTW this annual Pentagon clusterfuck doesn't include the cost of our Iraq or Afghanistan occupations, which have already cost over a trillion dollars.

http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/09/22/national/w131939D34.DTL&type=politics

 

[mattl]

For those who think in terms of a conspiracy...

There is some rumbling going on that this "crisis" came up when it did to hamstring an Obama presidency. The thinking is the internal polls showed McC loosing, and this action is used to suck all the cash out of the economy so nothing can be accomplished over the next 4 years.

Not sure I buy it, but at this point I wouldn't put anything past the neocons.