Good day TBT and btw ... even without considering the unfunded Medicare and SS liabilities.... each person in U.S. will soon owe about 90k for the fun we're having this new century re: about 30 trillion divided by 300 million = $90,000.00 ====================
... Start off with $10. Trill National Debt before this crap started.... $ 20. Bill FNM buys crap mortgages from Countrywide right after Mozilo (CEO) lobbyist gives $710.k to GOP. (Photo Op w/Pres Bush, Oval Off)(Also $12. Bill from 40 banks w/arm twisting by Bernanke.) (Mozilo rides off into the sunset w/$500. Mill) $300. Bill Consumer Stimulus Rebates. $700. Bill TARP "plan". $300. Bill "Hope Now" & Project Lifeline mortgage fund. $900. Bill to Inv Banks via Discount Window by end of 12-08. $540. Bill Fed's Money Market Investor Funding Facility (New Pgm). $150. Bill (AIG) Bailout. (AIG to pay $500. mill bonuses to CDS team that caused the problems. Avg $1.13 mill per team member.(1-28-09) $326. Bill to (C) (+ $306. Bill pool from FDIC to absorb C's Losses +$20. Bill cash now. (11-24-08) $ 25. Bill "Grant" from Energy Dept to the Big-3 Autos. $ 17. Bill more to GM & Chrysler. $ 2. Bill. (GS) Selling FDIC backed Corp Bonds. (11-25-08) (Taxpayer will eat them.) $ 63. Bill from Detroit FHLB to FNM for mortgages in Detroit area. .....(Worst of the Bad.. Houses not even worth their Tax Liens or demolition cost due to being stripped & vandalized.) $1.3 Trill "Commercial Paper Funding Facility" (CPFF) of commercial paper qualify. (No Limits on Feds??) $1.40 Trill.. FDIC will guarantee U.S. banks' debt. $600. Bill to buy CDO's (11-24-08) $200. Bill to guarantee "Consumer Debt". C. Cards & Auto loans. (11-24-08) $ 39.3 Bill Fed's (Taxpayers) buy AIG's residential mortgage-backed securities (crap). (12-16-08) $500. Bill to buy in Mortgage Backed Securities (MBS). $100. Bill to buy up FNM, FRE debt. 11-25-08 (+ more if needed. 12-15-08) $ 36. Bill Cash infusion to BAC $118. Bill. Protect BAC from MER losses by/from Fed Reserve. $ 37. Bill. (Second 1/2 of TARP = 386. bill vs 350. bill.. (1-27-09) $787. Bill Obama's Stimulus plan. (2-17-09) ... Federal Reserve announced it would commit up to $1 trillion to make loans more widely available to consumers. ... http://finance.yahoo.com/news/3-trillion... ------------- $12.181 Trill total "so far". (+ the $10. Trill Nat Debt at the start = $22.174T)
++++ ..$5.4 Trill that J6P taxpayer took on with the FNM, FRE takeover b/c they are "suspposed" to be paid for by the mortgage holders vs taxpayers. ................(11-20-08, FRE asking for $20. Bill in new funds.) $200. Bill "more" planned for FNM, FRE for mortgage modifications.. ..$2.?? Trill. Fed's "Expanded Balance Sheet"..(1-29-09) .. Federal Reserve's emergency lending program. Has been running over $50. Bill/Week since started. ========== $28.374 Trill $ 750. Bill Obama is anticipating a new $750 billion bank rescue. (2-26-09) $1.75 trillion deficit forecast for 2009. (2-26-09) ======= =$30.874 Trill National Debt
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