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Adding up the bailout dollars
Monday, March 30, 2009
Here's the latest scorecard for all the bailout money that has been promised or already spent (hat tip EU). The graphic is interactive over at CNN/Money.
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Bloomberg says the total is almost $2 trillion dollars higher - Financial Rescue Approaches GDP as U.S. Pledges $12.8 Trillion
Is the "teaser freeze" included here? I think of that as the first homeowner bailout.
$10 Trillion or $12 trillion What's the difference? We have "NO HOPE" of recoveringt from either figure! The interest payment alone on that money at just 4% per annum is "$440 BILLION DOLLARS" INTEREST ONLY!
ALL THE CORRUPT BASTARDS ON WALL STREET AND WASHINGTON WILL BURN IN HELL, BUT THEN AGAIN THEY PROBABLY PAID OFF THE DEVIL TOO!
Oh Yeah, they did! Bill Gross, Jamie Dimon, Llyod Blankfein, and the rest!
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