This is one reason why we should have let all the big financial institutions stand or fall on their own. There is no great benefit for us that they stand and it has cost us dearly. First there was the Bush stimulus and then Obama got in and slammed spending into hyper drive and in a matter of months has far exceeded the excesses of the Bush Administration by several orders of magnitude. He has already spent far more than the combined cost of the War and Iraq and the Afghanistan for the entire duration of those wars. The scope and audacity of it beyond insanity. He is driving America off a financial cliff and he is now planning to nuke the economy with the biggest tax in history.
The gummint’s buddies get subsidized, the rest of us get sodomized............