Posted on 10/20/2009 4:13:49 AM PDT by Scanian
THE US government has $52 billion stashed away that hasn't yet been spent!
Quick, call President Obama's bookkeepers. How'd they miss this?
A year ago, that amount would have caused at least a wow, or maybe even a holy cow. And my first sentence above would have deserved the exclamation point I jokingly put at the end of it.
But these days, when it costs $787 billion to put a TARP over bad bank assets, an astounding $700 billion just to attempt an economic rescue and $3 billion simply to lure people into new car showrooms, that $52 billion is looking like a pittance.
Still, it's there.
Something called the Exchange Stabilization Fund (ESF) had exactly $52.411 billion when the Treasury Department last reported on July 31.
(Excerpt) Read more at nypost.com ...
Be quiet, don’t let these guys know its available - they will spend it and my son will have to pay it back.
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