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The Real Bailout costs (till date) - $4.28 Trillion

Discussion in 'Politics & Religion' started by gauharjk, Nov 18, 2008.

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  1. #1
    Financial Crisis Tab Already In The Trillions


    [​IMG]

    Source:     http://www.cnbc.com/id/27719011
     
    gauharjk, Nov 18, 2008 IP
  2. awcguy

    awcguy Active Member

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    #2
    And we are still closing down store and loosing money.. Maybe Money is not the problem after all.
     
    awcguy, Nov 22, 2008 IP
  3. gauharjk

    gauharjk Notable Member

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    #3
    gauharjk, Nov 22, 2008 IP
  4. James'78'

    James'78' Guest

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    #4
    Heres what I dont understand. The gov wants to help financial institutions to avoid a market crash, and the problem seems to be to many loans being forfieted on and the loss of revenue in the market. So the gov decides to bailout the banks by giving them $$. This is a gov for the people. It is our gov's job to help the people, not corps or banks. Why not put that money towards fed support for people in need of help to avoid losing there homes, or faulting on student loans? That way your helping the people, and the banks are getting there money, two birds with one stone.
     
    James'78', Jan 6, 2009 IP
  5. Shazz

    Shazz Prominent Member

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    #5
    They just spent 700million on a embassy in iraq, the most expensive embassy america has ever built... omg
     
    Shazz, Jan 6, 2009 IP
  6. SEOibiza

    SEOibiza Peon

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    #6
    i read somewhere it was over seven trillion, but you think that's bad, this is catastrophic.

    30 trillion of the world's total wealth simply vanished into thin air last year

    http://www.marketoracle.co.uk/Article7923.html

    [​IMG]
     
    SEOibiza, Jan 6, 2009 IP
  7. Lexiseek

    Lexiseek Banned

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    #7
    No government is "for the people" and that includes ours. The government is run by the elite who tend to take care of themselves first. Most of the elite come from a financial industry so they used the bailout to make a series of sweet-heart deals.

    The bailout is scam.
     
    Lexiseek, Jan 6, 2009 IP
  8. SEOibiza

    SEOibiza Peon

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    #8
    SEOibiza, Jan 6, 2009 IP
  9. ronredlich

    ronredlich Peon

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    #9
    One small silver lining is that we are in a deflationary spiral so there may be some room for the spending before inflation takes its toll.
     
    ronredlich, Jan 6, 2009 IP
  10. Lexiseek

    Lexiseek Banned

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    #10
    You win the "looking on the bright side award" :)

    The inflation would really hurt.
     
    Lexiseek, Jan 6, 2009 IP
  11. web-fanatic

    web-fanatic Banned

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    #11
    4.38 trillions ??
    can we lessen the poor around the world with this ?
     
    web-fanatic, Jan 6, 2009 IP
  12. Lexiseek

    Lexiseek Banned

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    #12
    No, but we can enrich the rich.
     
    Lexiseek, Jan 6, 2009 IP
  13. bogart

    bogart Notable Member

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    #13
    bogart, Jan 8, 2009 IP