Total Wall Street Bailout Cost

Discussion in 'Economy' started by hvactec, Jun 19, 2010.

  1. hvactec
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    hvactec VIP Member

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    The Wall Street Bailout Cost table is produced and updated monthly

    As of 5/16/2010

    GRAND TOTAL: $4.71 TRILLION DISBURSED

    $13.89 TRILLION MAX. AT-RISK

    $2.01 TRILLION OUTSTANDING

    Here is the Link: Total Wall Street Bailout Cost - SourceWatch
     
  2. Care4all
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    Care4all Warrior Princess Supporting Member

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    WOW! and some are worried about the new health care plan costing us which is pennies compared to this, yet we hand our own tax dollars over to these negligent rear ends???

    It's so hard to understand people these days..... :(
     
  3. Epsilon Delta
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    Epsilon Delta Jedi Master

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    Wow... That's really fucked up, but not very surprising. It really shows you the order of priorities. The bailouts, which benefited the rich and, the mega-rich, and the ultra-rich: $4 trillion. The stimulus, which could've benefited ordinary people: $0.7 trillion.
     
  4. william the wie
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    william the wie Gold Member

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    This is why we are not experiencing inflation despite massive growth in M0. Debt write offs have been destroying money faster than it can be created.
     

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