Latest bailout tab: $4 trillion

FB, one nasty aspect of the current situation is that people CAN'T move. They can't sell their homes, or they're underwater, or they're in foreclosure with no credit rating left. The mobility of the workforce used to be a big U.S. economic strength. This bubble has limited it.

 

Very true. It's also not like there's areas of the country where jobs are a-plenty. If you're moving from someplace with 50% unemployment to 10%, you're moving from more suck to only less suck. Plus, it used to be if you were in trades, you could move to where activity was hotter. But who's building anything these days?

 

Add two trillion more for the shortfall in the pensions that the US government has guaranteed.

http://247wallst.com/2010/01/05/public-pension-funds-up-against-2-trillion-shortfall/

 

Jon Stewart mocks the SportsJournalists.com lemmings (who were parroting jackasses like Hank Paulson)

http://www.thedailyshow.com/watch/tue-january-12-2010/clusterf--k-to-the-poor-house---wall-street-bonuses

WE HAD TO!!