Obama Mission to destroy USA just same as Bush?
How many times Americans are going to be duped and fooled with crazy scams of bailout and detrimental debt spending. (Of course, he is a political puppet under big money.)
madoff Obama bankrupting USA ~ re $8 trillion bailout: How Obama plan fits in
He must be a satan sent to destroy our country along with greedy, reckless Fed/a few capitalists robbing Americans. May God have Mercy!
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Many details of the rescue plan remain uncertain. But it's likely to cost at least $700 billion - and that would push Uncle Sam's bailouts near $8 trillion.
By David Goldman, CNNMoney.com staff writer
Last Updated: January 6, 2009: 6:47 AM ET
NEW YORK (CNNMoney.com) -- Sitting down? It's time to tally up the federal government's bailout tab.
There was $29 billion for Bear Stearns, $345 billion for Citigroup. The Federal Reserve put up $600 billion to guarantee money market deposits and has aggressively driven down interest rates to essentially zero.
The list goes on and on. All told, Congress, the Treasury Department, the Federal Reserve and other agencies have taken dozens of steps to prop up the economy.