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Actual Bailout May Exceed $10 Trillion

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posted on May, 13 2009 @ 07:45 PM
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Actual Bailout May Exceed $10 Trillion


www.truthout.org

But the actual number is much bigger. The current block of taxpayer money that has been pledged by the US government and the Federal Reserve to prevent the system from collapsing, according to an analysis by Bloomberg News, is roughly $12.8 trillion as of March 31. This money has been lent, spent or guaranteed to prevent a systemic collapse. The Bloomberg report and a chart showing broad categories of where the money has come from and the programs it funds can be found here. link Below.
(visit the link for the full news article)




posted on May, 13 2009 @ 07:45 PM
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bloomberg
Wow Wow Wow!!!!!!!!!!!! We have now printed 12.8 trillion dollars in a bailout effort. Hyperinflation here we come!
This is disgusting and the fact the fed can't account for 9 trillion is absurd. WTF is going on in this country I once loved so much. R.I.P America


www.truthout.org
(visit the link for the full news article)

[edit on 13-5-2009 by iamjesusphish]



posted on May, 13 2009 @ 07:51 PM
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I weep for the children who will bear this burden




 
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