No replies
bitmasher's picture
Offline
Moderator
Location: Colorado
Joined: 02/27/2002
Posts: 2973
Financial Bailout Tally

For those interested in the depth and cost of the proposed/instituted financial bailouts, please read on:

http://online.wsj.com/article/SB122761978389056335.html?mod=article-outs...

The graph on the side gives values of programs implemented thus far. Note that some programs do not have projected/fixed costs yet, like for example the FDIC which bailouts out bank deposits in banks that default.

The graph also compares this group of bailouts to the cost (in inflation adjusted dollars) of say the Louisiana Purchase....

Note that the U.S. GDP is around $13 trillion, with current bailout programs totaling around $4 trillion and climbing.

Related Forum Threads You Might Like

ThreadThread StarterRepliesLast Updated
Bush Talk - Bailout PollCVC009/24/2008 19:14 pm
Correct me if I am wrong....CVC1212/19/2008 16:40 pm
More News From the War On Capitalismexpatriate1203/23/2009 22:18 pm
Bailout business; Salary caps for ExecutivesSage of the Sage3002/07/2009 22:15 pm
And it continues in AlaskaCa_Vermonster111/21/2010 15:20 pm