“we’re talking as if a billion dollars was a lot of money”
Paul Krugman on Solyndra
SignPainterGuy, anticsrocks, and just a conservative girl are discussing. Toggle Comments
I wonder if PK is aware (doubtful) that 80% of Green Energy loans went to Obama donors, aka, cronies, and 19 of those companies went bust !
Personally, I think $1 Billion is a lot of money, a huge amount of money, especially when it goes to companies that are failing, the loan regulators knew it, and the company bosses left the companies with golden parachute type severance packages !
Then add to that the interest we pay since we borrow .40 on each dollar.
I think what I heard this morning in my pre-coffee fog was that the world is in debt to 300 % of GDP. I`m not sure which to think; Is that all ? Or, that much, eh ?
I wonder, were it HIS ‘billion dollars,’ would he be as blasé?
As Doug Powers noted yesterday at “The Powers That Be”, $50.00 wouldn`t seem like much in relation to Krugman`s overall worth … until someone asked PK to give it to him !
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