Bailout payout tops $8 trillion

As the holiday season commences, it’s worth taking stock of the last gift that President George W. Bush and the 110th Congress have left for U.S. taxpayers.

It’s a package of about $8.7 trillion dollars’ worth of potential taxpayer commitments for loans, guarantees and other bailout goodies for businesses and distressed homeowners.

Webmaster's Commentary: 

That comes out to about $100,000 per household (plus accruing interest) in tax bills, for which you will receive NOTHING in return!


"The Last Official Act of Any Government is to Loot The Nation!

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