Have you seen the latest GM commercial? It’s a minute of liberal emotionalism, underscored with heart-tugging music, and is based on zero economic reality. Give it a view before moving on to my analysis of the GM IPO.
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Thanks to the visual imagery of Josh Dyess at WallStats.com I am happy to help educate the masses. Josh has a creative eye and can help you get a better understanding of complex (and not so complex) stuff via pictures. Check out his site when you have a moment. [update: Josh tells me he didn't create these images, he got it from a friend, who got it from a friend, etc. So, I don't know who actually created them. But still visit Josh's site, its pretty cool.]
So, how big is a trillion?
God bless Twitter for helping me find this graphic by Cory Doctorow at BoingBoing. As he says, when you start talking about our budget in trillions, people fail to comprehend the sizes we are talking about. Pictures help people like me put the current administration’s drunken spending into a proper frame of reference. At this point I don’t give a crap how much Bush spent… Obama has taken spending to an entirely new level, one that we as a country CANNOT sustain. If Barack-O inherited a single crap sandwich from Bush (a common lefty claim), Barack is currently preparing a fecal cruise ship buffet for the Republican president that WILL be elected in 2012. (more credit due here and here.)
