The bailout is getting wild. It is over a trillion bucks pledged by taxpayers to bail out everything from AIG to The Big 3 to Fannie & Freddie Mae to Citicorp.
[Next thing you know Moe, Larry and Curly will show up looking for a bailout for their plumbing business. What a classic episode that was "A Plumbing We Will Go". If you saw it, you know they needed a real bailout] Click here for You Tube link:
Seriously, I am beginning to believe this whole thing is the greatest scam and heist of all time. Today, Drudge had a headline that the federal guarantees were up to almost $8 Trillion bucks.
Hell, if you added up every homeowner's mortgage balance in the USA, it would only be about $15 Trillion. Are we paying off the home mortgages for half of the country? If so, count me in - I want mine paid off too!