Tuesday, December 2, 2008
Up to date on bailout cost total
12/2/08
Total cost on Bailout so far up to date.
$8.5 Trillion tap already after one year time frame. Note that this amount does not include the $5.2 Trillion of FRE/FNM's portfolios.
Also, I found out interesting fact about yesterday's ISM production component. The only growth was "Paper Products". Geez, of course, we need more trees to print out Trillion of dollars from now. What a joke for US Economy.
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