Notes from March 25 Class

We talked about Gambling today (see previous post) and A.I.G. bonuses (and the unconstitutional 90% tax that's been suggested for those). We should have looked at some great letters to the editor about the bonuses.

We also looked at what 1 trillion dollars really looks like. And where might we find a trillion dollars? From what we could find, Ft. Knox only has $110 Billion in gold. We missed the Federal Reserve Bank of New York -- which has over $203 Billion (mostly owned by other countries). Together those two places don't come close to a Trillion.