A Billion Adjustments

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Invisible Stripes (San Francisco concept boutique) and Official have teamed up to release a limited run snap back wool blend baseball hat that subversively comments on many different social issues all relating to frivolous, questionable spending of the hard earned dollar and socio-economic issues we face to the billionth degree. This limited run production drops soon exclusively at Invisible Stripes (1800 SAN JOSE AVE. SAN FRANCISCO, CA 94112) and at Official’s online store.



THE BILLIONS:


The United States Military budget was US$439.3 billion for 2007.


Nike has a $1.7 billion advertising budget for the year.


For 2007 the Bush administration drastically cut the spending on education to a total of $4.279 billion.


The Iraq war has cost Americans over $500 billion.


Today, about one in three adults, or 1.1 billion people, smoke worldwide.


In the past decade the federal government has spent over $1 billion dollars to promote abstinence to US teens.


Chevron’s annual profit for 2007 was $18.7 billion.


Americans spent just over $4 billion to buy and rent adult videos last year.


Moscow, Russia is home to 33 billionaires and one quarter of Russia’s wealth is concentrated in the hands of just 100 people.


Nearly $9 billion of money spent on Iraqi reconstruction is unaccounted for because of inefficiencies and bad management.


This week beginning September 15th, 2008 Bank of America took over Merrill Lynch in a 50 billion dollar deal, insurance giant AIG was reported to have sought a massive emergency loan to head off its own crisis and a group of banks set up a 70 billion dollars global emergency fund, and Lehman Brothers (A global investment bank serving the financial needs of corporations, institutions,governments and high-net-worth investors worldwide) filed bankruptcy.


The European Central Bank said it injected 30 billion euros (43 billion dollars) into money markets to keep them going after the Lehman collapse and the Bank of England injected 5.0 billion pounds (6.3 billion euros/9.0 billion dollars) into short-term money markets.


Almost half the world — over three billion people — live on less than $2.50 a day.


McDonalds has served over 100 billion hamburgers.