something to think about . . . click on title above or cut and paste this link into your browser . . .
http://owenandpayne.com/payne.php
Bloomberg estimated the total bill for the U.S. bailout at $9.7 trillion. In just one month, that number has ballooned to $12.8 trillion, which is close to the size of our entire economy. Put another way, the government is spending everything both it and private businesses combined spent last year to correct the problems with our nation.
Clusterstock says it differently: $1 trillion is about what the U.S. collects in taxes in a year. So to pay for this recovery, the government would have to raise our taxes nearly 13x. Either that or pass it onto future generations.
and now instead of being repaid for the billions given to banks, we are just accepting their stock. I wonder . . .would you have voted for your tax dollars to be spent on stock in companies run that poorly?
