The New York Times has several graphics to explain it all, as well as a fine story.
I can't link this one directly, but you can access it in more detail from the left side column that accompanies the story:
This one tracks the companies benefiting from the $700 billion bailout.
It's amazing to me that the economy has gotten so screwed up that we're committing $8 trillion to fixing it. And that, when one of the problems has been people borrowing more than they could afford, the solution appears to be the government borrowing more money to shore up the system.
Like Ron Burgundy, I'm not even mad. That's amazing.
At the 2:44 mark.
3 comments:
I really like your "DME". That's good. I'm not sure what bothers me more... that we are spending the billions for the "bailout" or that we are borrowing money from China. Okay, it's definately that we are borrowing the money from China.
Don't worry, now that Henry Waxman has been elected chair of the Energy committee, all bets are off for future energy prices. That will make us forget lots of other problems.
Greg, I'm afraid you owe me a quarter.
DME is copyrighted and may not be used otherwise.
Feel free to send it straight to China, and cut out the middle man.
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