Lost Republic
"The dangers of deflation are chimerical, but its charms are very real. There is absolutely no reason to be concerned about the economic effects of deflation, unless one equates the welfare of a nation with the welfare of its false elites."
~ Jörg Guido Hülsmann

Behind The Real Size of the Bailout

This was a pretty widely reported story from motherjones.com:

The price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets. To get a sense of the size of the real $14 trillion bailout, see our chart here. Below, a guide to the pieces of the puzzle: (Read more from motherjones.com)

Leave a Reply

Page Generation: 0.699 secondstop political sites tool