Friday, October 3, 2008

Wonder Where All This Money Comes From?

The Los Angeles Times has said, "The House today approved a $700-billion financial rescue plan -- sweetened by $110 billion in tax cuts -- on a 263-171 vote four days after rejecting it in a move that stunned both Wall Street and Washington."

According to the Associated Press, "With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush who quickly signed it."

Today I read on the Wall Street Journal, "President George W. Bush signed the biggest government intervention in the financial markets since the Great Depression after U.S. House of Representatives lawmakers wary of growing signs of the nation's economic distress voted Friday in favor of a $700 billion Wall Street rescue package."

Wonder Where Money Comes From

Sometimes I wonder if I am the only one who wonders these things? Where does all this money come from?

It must fall from the sky.

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