Daily Kos: Where's Your $50,000? From Alan Grayson. Mr. Grayson
is a former Congressman from Florida, currently running for his old seat
back. I really hope he makes it. We need people who will speak this kind
of truth.
The Government Accountability Office (GAO) says that our Government has
handed out $16 trillion to the banks.
Let me repeat that, in case you didn’t hear me the first time. The GAO
says that our Government HAS HANDED OUT $16 TRILLION TO THE BANKS.
That little gem appears on Page 131 of GAO Report No. GAO-11-696. A report
issued two months ago. A report that somehow seems to have eluded the
attention of virtually every network, every major newspaper, and every
news show.
How much is $16 trillion? That is an amount equal to or more than $50,000
for every man, woman and child in America. That’s more than every penny
that every American earns in a year. That’s an amount equal to almost a
third of our national net worth -- the value of every home, car, personal
belonging, business, bank account, stock, bond, piece of land, book, tree,
chandelier, and everything else anyone owns in America. That’s an amount
greater than our entire national debt, accumulated over the course of two
centuries.
A $16 trillion stack of dollar bills would reach all the way to the
Moon. And back. Twice.
That’s enough to pay for Saturday mail delivery. For the next 5,000 years.
All of that money went from you and me to the banks. And we got
nothing. Not even a toaster.
I have been patiently waiting to see whether this disclosure would provoke
some kind of reaction. Answer: nope. Everyone seems much more interested in
discussing whether or not they like the cut of Perry’s jib.
Whatever a jib may be.
In the next few weeks, I’m going to be writing more about this. But right
now, I wanted to keep this really simple. Just give folks something to
talk about when they’re standing next to the coffee maker.
The Government gave $16 trillion to the banks. And nobody else is talking
about it. Think about it. Think about what that means.
Courage,
Alan Grayson
To put it another way, $16 trillion will buy enough gas to drive to Alpha
Centauri and back. Twice.