Everett Dirksen’s Nightmare!
- 6-8-2011
- Categorized in: Economy
"When a member of the House moves over to the Senate, he raises the IQ of both bodies.“ Everett Dirksen, US Senator 1950-1969.
It was he who also made the infamous statement that; “A billion here, a billion there – pretty soon you’re talking about real money!”
WHAT DOES $1 TRILLION DOLLARS LOOK LIKE – According to a slide show available at www.cnbc.com, (A slide show that would have the good Senator from Illinois doing hand springs in his grave).”This stack of cash – in $1 bills would measure 67,866 miles, stretching approximately 2.72 times around the Earth’s equator. If denominated in $100 bills, $1 trillion would be enough to fill 4.5 Olympic-sized swimming pools, with a total volume of 398,000 cubic feet. For comparison, there is only about $625 billion worth of $100 bills currently in circulation, according to the US Treasury bulletin. The mounting US National debt, growing by billions every day, has recently topped the $15 trillion mark.”
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