Let's STOP calling this the Trillion Dollar Bailout.

[Phred42]

We have to stop calling this a Trillion dollar bailout. It's not.

The Trillion dollars must be BORROWED - AT INTEREST. One estimate I've heard was 10-11% interest. What is the monthly payment on a Trillion Dollars at 11% interest?

BY DESIGN, We can NEVER pay this off.

We are experiencing the Fascist Coup de Grace to the United States Of America.

If this abortion goes through - it's over.

That's my opinion, I could be wrong.

[Fovea]

1. like a second Versailles treaty.

and we are going to look like Wiemar Germany by the time this is over, if the Dems fold.

[Phred42]

6. True - and we still have the BlueDog andDLC traitors with us

not holding my breath

[OwnedByFerrets]

2. I dont have figures for it THIS year......but in 2005

we were still paying BILLIONS in interest on money that Reagan borrowed.

From Ravi Batra's book "The only problem was that when Reagan took his meat axe to our tax code, he produced mind-boggling budget deficits. Voodoo economics didn't work out as planned, and even after borrowing so much money that this year we'll pay over $100 billion just in interest on the money Reagan borrowed to make the economy look good in the 1980s, Reagan couldn't come up with the revenues he needed to run the government."

http://www.buzzflash.com/hartmann/05/07/har05007.html


www.wearableartnow.com

[indepat]

3. Photo screams: Oh junior, how great thou art, how great thou art

:P

[Phred42]

4. Yep - Hartmann quotes that regularly

[ixion]

5. I think you're spot on... if this goes through, it's done

end of game. We're screwed.