3 Ways The Bailout Will Cost You

Many experts consider the bailout a short-term solution, but in the long-term you could be paying for it in at least three different ways.

Category:

News & Politics

Tags:

• banking
• fdic
• financial
• crisis
• washington
• mutual
• wacovia
• troubled
• banks
• bailout
• congress
• commentary
• analysis
• news

[Sovieto]

i like these, short, informative, and to the point.

[hawaii8087]

Actually a well known economist, Stiglitz, wrote a book that the true cost (conservatively) is 3 trillion dollars - because one MAJOR cost neglected in estimates is the care for the soldiers after. When a soldier is killed, settlements are paid. If he is hurt, healthcare must be provided and so on. As you know, healthcare costs are increasing twice the amount of inflation.

Its a great book called the 3 trillion dollar war - check it out. It is eye opening.

[nomorefred]

It is said that the war costs 2 billion USD to operate EACH WEEK. Thats right; each week, we are dishing out 2 billion dollars to fund our wars overseas. Now considering that there are 52 weeks in a year, and that the war has lasted for about 5 years; we are talking about somewhere near 520 billion dollars spent on these wars...yeah, its THAT important (to some people in the gov't, that is.)

[pissoffboi]

why is everything costing much more? maybe because the 700bil bailout led to other companies wanting to keep up with the currency which leads us to inflation. the gov't shot the economy and made our depression (i know we technically aren't in one yet) last even longer due to the inflation

[hotbrasilian4u]

exactly

example:

2 people sell chocolate bars, one at $5 and one at 7$,

you would probably buy the $5 one, unless guy number two undercuts guy number one and sells his chocolate for cheaper

now, lets say guy number 1 goes out of business and you NEED a chocolate bar

the only person selling the bars can charge you $20 if he wants, because where else are you going to get it?

get it?

[ohnoesfedzilla]

get some farm land fools

[nomorefred]

actually, it is less competetion = higher prices. You see, when there is a large amount of competetion, people will reduce the prices of their wares in order to get more customers. When there is less competition, prices go up because more consumers go to them since there is not much other competition. Why put prices up when more people shop in our store? Well its greater demand for your goods, and you stock is the same. Basically: Rule of supply and demand.

[shaquo890]

less competition=higher prices?

is that right?

shouldnt it be less competition=lower prices because they will have more customers?wtF?

[91Jackass91]

this video was good

im bored on cam Tv

[AceHearts75]

a lot of things killed our economy