Monday, March 09, 2009

You Really Have to See This: Comparing Bailout Funds to Government Spending Over the Years

Here's another reason Republicans should shut their fracking GOBS
about how the Democrats are wasting spending our tax
dollars.  Check out that chart.

Can you believe that shit?

Look at the absurd difference between how much the moonshot ran us, compared to the Bailout.

$237 billion vs. $4,616 billion.

Dude, our leaders are unbelievable fools.

Just to add to that chart, I did a quick bit of Googling and found the Cancer.gov's numbers on how much was spent by our government on cancer research in 2007: $1367.1 million--not even a billion-and-a-half dollars were spent on cancer research.

So, if my math is right, to save our banks the outlay was 3,000 times the amount spent on cancer research in 2007. (That's 4,616,500,000,000 ÷ 1,367,100,000 = 3376.85612, according to my Mac's calculator widget--actually, I had to lop off the bottom six zeroes because it couldn't handle anything with so many zeroes.)

So, this is our lovely government. Charged with keeping us safe, yet more willing to keep bad banks afloat than to keep our lives, uh, alive.

Incidentally, according to Cancer.org, in 2007, Cancer killed just short of 1.5 million Americans (1,444,920 is the exact number, FYI.) The current estimated population of America is just short of 306 million people. That means that around 1 in 300 people die of cancer in a year. How many people die of bad banking?

Special thanks to my good friend Katabasis at http://i-squared.blogspot.com for pointing me at a VoltageCreative.com blog post written by Wade who made up the chart above based on numbers from a post by Cory Doctorow at BoingBoing.net.

Posted via email from thepete's posterous



Orignal From: You Really Have to See This: Comparing Bailout Funds to Government Spending Over the Years

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