Summary
Before y'all go gettin' cheery-cheeked and weepy-eyed for Christmas, Old Scrooge here has some sour facts that will be waitin' for you on the backside of the holiday season.
- No. 1: After Secretary of Treasury Henry Paulson's bailout of banking giant Citigroup, the total amount of government cash thrown into this year's credit mess is an estimated $7.8 trillion. How big a pile's that?See the full content of this document
Extract
A Few Bah Humbugs Before Christmas Joy
Well, ciphered one wag recently, Thomas Jefferson's $15 million purchase of the Louisiana Territory in 1803 would be worth, in today's dollars, $217 billion. That magn...
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