DavidS
Anti-Tea Party Member
The following is a list of government bailouts made this year from the government:
$1.8 trillion
Pending bailouts: Auto companies - $50 billion, economic stimulus package of 2009: $150 billion. Chances of unemployment reaching 10%? Pretty damn good. Chances of recovering your entire 401k? Zero.
- $25 billion emergency aid to auto companies
- $29 billion to help JP Morgan buy Bear Sterns
- $37.8 billion 10/9/08 AIG
- $40 billion 11/10/08 AIG
- $85 billion to keep AIG in business
- $102 billion in FHA loans to distressed homeowners
- $152 billion 2008 economic stimulus act
- $200 billion to shore up Fannie Mae and Freddie Mac
- $400 billion emergency credit line to banks
- $750 billion bailout bill
$1.8 trillion
Pending bailouts: Auto companies - $50 billion, economic stimulus package of 2009: $150 billion. Chances of unemployment reaching 10%? Pretty damn good. Chances of recovering your entire 401k? Zero.