So, the US Senate approved a revised version of the financial "bail out" plan , involving some $700 billion. Simply put, that is a lot of money. I find it puzzling how the United States government can pledge that much to a private sector financial crisis. There are controversies surrounding why the crisis originally came about, but let's put these moral issues aside. Let's instead try to assume that this is truly a life-threatening crisis (and in some ways, it might be), and that the Fed is doing what it can to protect its civilians. National security, is what they are calling it. $700 billions dollars... Just to put things in context: The richest country in Africa by Gross National Product (using Purchasing Power Parity) is South Africa, and their GDP in 2006 was just under $600 billion. Compare this to Tanzania, which had just under $30 billion as their GDP in 2006 ( click to view source ). Word. So the Fed is pledging a "rescue" with a cost that adds up t...