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« Bailout CNBC: Videos Steve Liesman, Fast Money and Rick The Bad Ass Santelli Discuss Bank Bondholders vs. Taxpayers in an epic deathmatch resulting in monetization and pain for all living creatures. Meanwhile Bill Gross is Talking His Book Somewhere. | Main | Bailout News: Feb. 8th Weekend Bank Bailout Round Up. 40 Stories in 1 Link »
Monday
Feb092009

Bailout: $9.7 Trillion Yes I Said $9.7 Trillion. Did I already mention $9.7 Trillion?

The Fed is insolvent. We got that story. Nice read. We have new science (Harvard research) showing that THC the active ingredient in Marijuana slows or perhaps even impedes small-cell lung cancer tumour growth. Yep, I included that. Bankers paying for sex on corporate expense accounts. Taxpayers versus Bondholders in the bank bailout discussion. Many great reads on that. Stimulus, check. Florida real estate depression, check.

Oh and just one more thing. Bloomberg says that taxpayers have spent or pledged $9.7 trillion dollars so far on the various government bailouts. That's $9.7 trillion of cash we don't have.  It's all borrowed people.  All of it. From your kids, grandkids, great grandkids. At least until monetization when we all get sucked dry.

45 stories inside. all in one link. you know the drill.

Plus give me time and I'll keep adding more doctored photos of Bernanke and Paulson inside.

 

Click here for the 45 best for monday.

 

 

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Reader Comments (2)

hilarious photo of the bull tea-bagging paulson.
Feb 9, 2009 at 6:04 PM | Unregistered CommenterBotkilla
Major LOL!!! Major lol dailybail! This is gotta be my favorite site!! LOL!!

YOU ARE VERY FUNNY!!!!
Feb 9, 2009 at 6:25 PM | Unregistered CommenterSanta Monica Boy

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