Guess what the total is


Bailout price keeps going higher and higher

The tab is much higher than you've been told.

Casey Research has analyzed the costs of the government bailouts of the housing crisis, the credit crisis and others and has concluded that the total is $8.5 trillion - more than the cost of all U.S. Wars, the Louisiana Purchase, the New Deal, the Marshall Plan and the NASA Space Program combined.

"When we consider the costs of these programs, even when adjusted for today's dollars, we see that our most expensive government efforts of the past were relative bargains and that we are wasting a terrible sum of money with the current bailout," said Olivier Garret, CEO of Casey Research.

The really scary thing is how fast this happened.

Think about it. Less than six months.

— NeoWayland

Posted: Sat - December 13, 2008 at 01:11 PM  Tag


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