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Some astonishing figures in an item by Barry Ritholz (via Andrew Sullivan):
The cost to the United States of helping defeat Adolf Hitler, liberate Europe from fascist rule and halt the holocaust came to roughly $3.6 trillion, adjusted for inflation. The cost of the bailout, to date, comes to about $4.6 trillion. World War II was a steal — and with the $1 trillion difference there’s still enough left over to cover the past costs of the Marshall Plan and the The New Deal.
More from Ken Silverstein:
Perspective — October 23, 2013, 8:00 am
How pro-oil Louisiana politicians have shaped American environmental policy
Postcard — October 16, 2013, 8:00 am
A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits
Acres of hemp grown by “patriotic‚” U.S. farmers in 1942 at the behest of the U.S. government:
A study suggested that the health effects of exposure to nuclear radiation at Chernobyl were no worse than ill health resulting from smoking and normal urban air pollution.
Greenpeace apologized after activists accidentally defaced the site of Peru’s 2,000-year-old Nazca Lines when they unfurled cloth letters reading “time for change” near the ancient sand drawings. “We fully understand,” the group wrote in a statement, “that this looks bad.”
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“I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.”