Barry Ritholz sez,
It is exceedingly difficult to convey exactly how much we are spending o bailouts. Start talking trillions (versus mere billions) and you get puzzled looks from people.
Humans have a hard time conceptualizing any number that large. I wanted a graphic way to clearly show how astonishingly ginormous the amounts involved were.
Bailout Costs vs Big Historical Events
This Bailout Nation graphic shows the the total costs to the taxpayer of all the monies spent, lent, consumed, borrowed, printed, guaranteed, assumed or otherwise committed. It is nothing short of astonishing.
In one short year the bailouts managed to spend far in excess of nearly every major one-time expenditure of the USA, including WW2, the moon shot, the New Deal, Iraq, Viet Nam and Korean wars -- COMBINED. 206 years versus 12 months.
My pal Lawrence Azerrad, the hypertalented designer for bands like Wilco, Best Coast, and Beach Boys, created this wonderful “I LOVE L.A.” pillow. When I rest my weary head on its soft cotton, it makes me miss Los Angeles. And when I doze off, I dream of living in the iconic John Lautner Chemosphere house. […]
Designer Art Donovan writes, “I’m always looking for new and unique inspiration for my lighting commissions and the latest, cutting edge scientific devices offer a boatload of great design inspiration. From the cool, new ‘James Webb Space Telescope’ to the myriad of complex details in the L.H.P.C. at Cern- it’s a cornucopia of rich imagery.”
Daniel “Tinkercast” Struzyna, a designer in Dusseldorf, sells these tights with handmade silicone scales: $72.09 a pair, comes in aqua or coral. (via Seanan McGuire)
Some truths are universal. For one, your phone will always run out of power when you most need it. For another, the charging cords that come packaged with your Apple device will fray, split, and rip faster than Usain Bolt in a game of tag.Instead, pick up a charging cord that anyone would have a tough […]
Some people say magic tricks are nerdy and best left to your 12-year-old asthmatic cousin. But others see value in perfecting the slight of hand and showmanship associated with a perfectly executed routine. We’re firmly in the latter camp. And now, we’re giving you the ability to put a few parlor tricks up your sleeve with the Penguin […]
Bluetooth speakers may be convenient to use, but many of them just aren’t that powerful. Sure, it may be fine if you’re seated in front of the speaker. But move across the room, and you may strain to hear what’s coming from those tiny drivers.There’s a reason why the G-BOOM Wireless Bluetooth Boombox (now $79.99 in the Boing […]