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February 09, 2009

Almost Ten Trillion in Bailouts, Spending, Guarantees, and "Stimulus" So Far, And More to Come

Drudge is red-lining this Bloomberg piece.

That's 2/3rds of the entire value of everything produced by the US last year. Not 2/3rds of the federal budget -- 2/3rds of the value of everything we made last year. Everything.

And more to come.

Obama and the Democrats claim we need to take "dramatic steps" -- I'm sorry, was 8.7 trillion not dramatic enough for you?



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posted by Ace at 06:34 PM

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