Latest bailout tab: $4 trillion

I thought this was about the Iraq War bill. But I forgot -- that tab was never tallied on the official Government ledger.

 

How about the trillions that the government is guranteeing thru Fannie and Freddie, or FHA, many loans which are sure to go sour?

Try finding those liabilities on any government ledger.

 

Our country is literally being stolen from us, and we sit and do nothing.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXIvW4igKV38

 

Had none of the bailout (much of which I do not approve of) not happened, and the Dow was at like 2000, and unemployment at 18 percent, THEN you might have seen riots.
Emergency stopgap measures never look good. Sometimes they do stop gaps, however.

 

It's just an extension of Americans' refusal to accept that their status as undisputed world leader in lifestyle may not quite be sustainable.

 

Absolute bullcrap, Michael.

I didn't buy the panic scenario then, and trillions upon trillions of wasted dollars later, I don't believe it now. Nor care.

I am waiting for the riots. They need to happen.

Oh, and the REAL unemployment rate is 17%. Not the fakakta, phoney-baloney number that is disseminated.

http://www.techcrunch.com/2009/12/04/real-unemployment-17-2-percent-mint/

 

They are called financial panics for a reason.

 

Is 1 out of every 6 people you know unemployed?

Me, neither.

 

Not far off.

 

I'm not impressed by the claims of a so-called "real" unemployment number.

Underemployment is not unemployment.

 

The ones who try get dismissed and scorned as "teabaggers." :

 

They get scorned because they're partisan hypocrites. Sure didn't hear these same people griping when a GOP President and Congress was spending like crazy, and on war.