Tab for Government Rescues Rises to $900 Billion

[prayin4rain]

http://www.cnbc.com/id/26751385

oh my goodness!!! I didn't know it was that high!!!!!!

[stopbush]

1. Why not just round it up to a trillion?

[Lithos]

2. Give them time

n/t

[prayin4rain]

3. seriously though.... jeez n/t

[Ichingcarpenter]

4. The 'special' loans to banks started in August of 07

so it is way past a trillion. The penny's real value now is 2 cents in metals.

[prayin4rain]

5. Where were the economy experts???

If they started having to give special loans a year ago.... wouldn't that have been the time to start acting?? I don't get it.
:wtf:

[Ichingcarpenter]

6. I started keeping a google track in August of last year .. here is the link

Just try adding it up.

247 entries..... over 12 pages
http://search.us.reuters.com/rsearch/rcomSearch.do?blob=Fed+added++in+temporary+reserves+to+the+banking+system+&site=US&srch_Tab=&srch_Results=&srch_MoreResults=

[prayin4rain]

7. it's organized crime... nothing less n/t

[Ichingcarpenter]

8. I warned many in 2006 of a meltdown it was dependent on how long

they could hide it ....I'm glad it happened before the election rather than
after the election. It was gonna happen.



There were 5 signs that something was happening and was terriblely wrong from 2002-2006, one was the removal of the M3 printing of money records by the feds in 2006. I will try to find the other 4, that had financiers, economists
and traders worried.

[TexasObserver]

9. And the bailouts are merely the tip of this iceberg.

Our annual budget deficit is an outrageous $400 billion. Already, the bailout is twice that.

This is going to be like the Titanic hitting that iceberg.