About This Blog
Because if you aren't sitting down, you might fall over from shock.
According to a recent Bloomberg report, in order to curb the current recession, the U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion on behalf of the American taxpayers in the last 20 months.
I repeat, thats 12.8 TRILLION DOLLARS that the taxpayers are potentially on the hook for !!!
I'm not usually at a loss for words, but........Oh...My...God !
As an individual taxpayer, I'm pretty sure I can't come up with my share of that loot. Does anyone want to buy my children ? They're in excellent condition, hardly used. Hey, Brangelina, I'll give you a good deal.
There's a breakdown of where the money went at the previous link, if it even matters anymore.