Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars

CNS News ^ | 12/18/2008 | Fred Lucas, Staff Writer

[JudgemAll]

Amnesty here, bailout there, reparations now, free gitmos about... eh, proof of my adage that war costs less than politics and the government gulags that follow.

[norraad]

He's not even in yet and look at what he's done for the price of gas!"

"Stupid is as stupid votes"

[ding_dong_daddy_from_dumas]

>>Well I guess if every major bank in the country catastrophically fails and every company goes bankrupt and defaults on its commercial paper...<<

Remember, you claimed that we would get most of the bailout money back. It's not necessary for all of them to fail for most of that money to be lost. But I hope you turn out to be right.

>>And even so, it looks like that $8.7 trillion number includes monetary stimulus, which is completely different from expenditure of taxpayer dollars.<<

If we have rampant inflation as a result of all this "investment" that's every bit as bad as being taxed.

[M. Espinola]

Printed in 2009, Washington D.C.