Things to buy with $1.2 T

| September 24, 2008

I think it’s hard to imagine the scope of what is being considered. The total cost so far of the bailout, if they throw in the other $700B will be 1.2 TRILLION dollars. You have to wonder, what else could we do with that money…. Lets have a look!

You could give every person in the world $200 – as much as some people in Africa make in a lifetime

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You could give every family in the US $16,716. That’s enough to keep a lot of folks out of foreclosure without involving the wall street parasites.

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You could build 200 new nuclear power plants – enough to have 4 in every state of the union supplying clean cheap electricity to everyone. That’s enough excess capacity to radically change industry, transportation and communications.

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You could build 1200 new oil refineries – enough put put around 24 in every state in America. That’s enough to become the world’s supplier of refined crude for the foreseeable future.

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You could replace half the cars in the US with hybrids – about 60 Million vehicles, all of which could be made in the USA while at the same time giving the finger to the oil barons of the world

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600 Nimitz Carriers – laid end to end would be as wide as Lake Michgan

600 B2 Bombers – Enough to bomb every large city in the world at the same time (even ours if you wanted to)

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You could pay every family in Iraq and Afghanistan $80,000 – Likely enough to bribe them into being relaxed and happy for years to come.

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If this were not all over the news, you might think this was Mike Myers playing some Dr. Evil routine. Stop and think people – there are much better ideas to use this much money. Let’s hear yours…

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Category: Credit Backlash, Economics, Humor, Main

About the Author ()

Bruce Henderson is a former Marine who focuses custom data mining and visualization technologies on the economy and other disasters.

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