obama credit card bailout plan

Government to spend 600 billion more money?

Let's see: not the original 700 billion dollar bailout. Add 25 billion Citibank, and now 600 billion to buy subprime mortgages. You can bet your bottom dollar that billions are finally led to the automotive industry and the credit card companies are coming. Ah, yes, if the government. I was not ready all this, it would still be a deficit of around 400 million dollars this fiscal year. And do not forget the debt of 10 billion dollars and not to reduce Though we pay interest on it (leaving a half-trillion this year and more – money that each is fundamentally in the air). What will happen? Is it a bottomless pit? If I understand correctly, the Obama administration is actually planning to increase spending significantly. At one point the U.S. market Financial simply collapsed with the rest of the world market in all advanced countries seem do the same?

Try $ 7,400,000,000,000. It's $ 24,000 for each person in the country. Paulson is an idiot rescue mismanaged companies like Citigroup. Why not rescue Circuit City or small for this question. Now get this: even though it is now on the hook for taxpayers, and recently fired 53,000 employees, Citigroup said it plans to maintain its 400 million U.S. dollars contract with the Mets. Mets They will pay 400 million U.S. dollars so they can call their new stadium "Citi Field." What is wrong with this picture? So many people lose their homes once again the taxpayers are forced to rescue these idiots.

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