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Presto: Another $750 Billion
Wall Street Journal ^ | 4/13/09 | staff

Posted on 04/13/2009 7:49:58 PM PDT by Nachum

The U.S. and Europe were widely expected to clash at the G-20 summit in London last month over how to address the global financial crisis. Voila, in just two days the problem was solved with a joint promise to increase International Monetary Fund resources by $750 billion to a total of $1 trillion.

The U.S. portion of this new commitment is more than $140 billion. Yet Congress has debated neither the amount nor the proposed use of the funds. Instead, President Obama and his fellow leaders simply waved their hands, like a Star Trek captain, and said make it so

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: 750; another; billion; presto; thecomingdepression

1 posted on 04/13/2009 7:49:59 PM PDT by Nachum
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To: SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; Free ThinkerNY; ...

Added to the list...


2 posted on 04/13/2009 7:50:44 PM PDT by Nachum (the complete list at www.nachumlist.com)
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To: Nachum

Where’s my billion?


3 posted on 04/13/2009 7:52:08 PM PDT by nufsed (Release the birth certificate, passport and school records.)
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To: Nachum

and the Constitution states all spending bills originate in the House of Representatives???


4 posted on 04/13/2009 7:52:30 PM PDT by elpadre (nation)
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To: nufsed

Somewhere around here but it’s in Zimbabwe dollars.


5 posted on 04/13/2009 7:53:51 PM PDT by xp38
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To: Nachum

Mccain lost the election ,when he stopped his campaign went back to washington, heard the details of the bailout plan and said: “Okay lets go with whatever Obama says.”


6 posted on 04/13/2009 7:54:37 PM PDT by jd777
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To: xp38

You can mail one bill in Zbwe to me


7 posted on 04/13/2009 7:55:19 PM PDT by nufsed (Release the birth certificate, passport and school records.)
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To: jd777

McCain lost the election when he was nominated.


8 posted on 04/13/2009 7:55:50 PM PDT by kabar
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To: nufsed
Ok...um got change for 100 billion?


9 posted on 04/13/2009 8:00:07 PM PDT by xp38
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To: xp38
Of course you may notice that the banknote above was issued last year in July and Billions are so 2008. Trillion is the new billion. This was issued in January of this year.


10 posted on 04/13/2009 8:12:20 PM PDT by xp38
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To: Nachum

Once again, hard working middle class people won’t receive any of the money - they’ll be forced to contribute to it. :(


11 posted on 04/13/2009 8:14:15 PM PDT by Tzimisce (http://groups.myspace.com/nailthemessiah)
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To: xp38

Yes, in coins.


12 posted on 04/13/2009 8:29:27 PM PDT by nufsed (Release the birth certificate, passport and school records.)
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To: xp38

Why don’t they just take 9 zeros off of everything?


13 posted on 04/13/2009 8:30:37 PM PDT by nufsed (Release the birth certificate, passport and school records.)
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To: nufsed

They found a better answer, stop printing money at all, and use another country’s money.


14 posted on 04/13/2009 8:36:30 PM PDT by Vince Ferrer
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To: Vince Ferrer

I went to Italy b efore the Euro and walked around with a million in my pocket. I think that was about $500. Thought I had it made.


15 posted on 04/13/2009 8:42:29 PM PDT by nufsed (Release the birth certificate, passport and school records.)
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To: nufsed

Because it reminds them of the actual value? That first set of banknotes I posted does have a monopoly money look to it no?


16 posted on 04/14/2009 5:19:17 AM PDT by xp38
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