Weatherdem's Weblog

Bridging climate science, citizens, and policy

Bail Out Total as of Nov. 18, 2008

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I’ve tried to keep track of the growing amount of bail out dollars since I realized that the corporate media was focused only on Bush’s Bailout.  Little attention is being paid to what was given to AIG or Bear Stearns or Fannie/Freddie or … the list does go on.  Most of them garnered a small piece of attention when first announced, but I haven’t seen much in the way of keeping track of the total or more importantly what that total bailout means for the U.S. economy.  Others are doing a better job than I of keeping track and I will use them as a source.  One of my daily visits is to bonddad’s blog.  He notes that CNBC is his source of the following: the Bailout total is $3.8 Trillion.

The biggest heist in history is going on right now.  It is being perpetrated by George Bush and his gang of cronies.  What will happen to the U.S. economy as a result?  How long will it be before the U.S. defaults?  Will the Cons receive the blame they so richly deserve?


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