What's the best guess on the biggest money miscalculation in world history?

[WI wide body]

Note: Michael Vick's passion for dog fighting in not eligible but everything else probably is in play.

P.S. Correct answer will be available later.

[teenerted1]

iraq war budget?

[tabs]

Dollars adjusted for inflation of course.

[KFC911]

Paul McCartney's "I do..." wasn't exactly cheap...makes Vick's losses seem like chump change

[dtw]

Original sale of Manhattan.

[tabs]

Over priced Japanese RE in 1990. $21 Trillion valuation.

[Eric Coffey]

Originally Posted by dtw

Original sale of Manhattan.

Or maybe the original purchase of Alaska?

[WI wide body]

Well, my answer was what Larry Lindsey disputed. Larry was dumb enough to suggest to his boss Mitch Daniels and to Team Bush that their estimate of the cost of the Iraq war might be a tad low. They were saying $50 billion.

Poor ole Larry promptly got fired. Mitch got punished by getting elected Gov. of Indiana. They must have some sharp cookies in the Hoosier State!

Now, the total cost of the Iraq conflict is estimated to be as much as $2 TRILLION including the long term health costs of our Iraq troops. So that's an approximate miscalculation of around $1,950,000,000,000.00...unless it goes higher. That works out to about $50,000 for every American family...yet our brain trust in Washington has not even attempted to pay for the war. Good deal for us...terrible deal for our kids and grandkids. But they don't vote.

Seems the first guy who posted (teenerted) came to the same conclusion as I.

I would disqualify (I am running this particular show) the inflation of the dollar and the Japanese thing since they were not true miscalculations per se.

But now that I think about I would have to take a closer look into Eric's choice of the Alaska purchase. Man, Russia blew that one!!!

[porsche4life]

Hmm...Louisiana Purchase...That's a crap load of land for 15mil.

[lendaddy]

The value of the Chinese economy. Overvalued by 40%.

[M.D. Holloway]

Manhatten for 18 shells or any Michael Jackson album...

[WI wide body]

Originally Posted by lendaddy

The value of the Chinese economy. Overvalued by 40%.

Chinese economy "overvalued"......

I thought that it was exactly the opposite and we are trying to get them to raise the price of their currency.

[Jims5543]

Miami March 2005.

I was on the road course having a ball, I glanced down at my temp gauge on the front straight and did a double take, 250°!! No way, the gauge is wrong!!

Meh, if I overheat it so what, I have driven on this engine for 3 years and beat the snot out of it. Its probably time to tear into it anyway.... what could it cost?

A figure I have successfully kept from my wife to this day even as I am driving it to break the engine in....

Given percentages, I say I win.

[URY914]

Al Gore.

[nota]

SS trust fund broken lockbox
or BuSh2 tax cuts real cost vis the long term debts

which will cost the USA more ????

[Racerbvd]

The correct answer would be FDR's New Deal & LBJ's Great Society

[BGCarrera32]

Like I just had no idea from your thread title that it could be a little rant about Iraq...

[WI wide body]

Originally Posted by BGCarrera32

Like I just had no idea from your thread title that it could be a little rant about Iraq...

Well........one man's "rant" is another man's "fact" I guess.

But do tell us what you choice would be?

[Por_sha911]

In spite of inflation, the wages of sin is still the same.

[WI wide body]

Originally Posted by Por_sha911

In spite of inflation, the wages of sin is still the same.

Pastor Huckabee could not have said it any better.