Quote: Originally Posted by
Forumer
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The buyout as of the moment looks to be 4 times what Reuters reported in this article
Holy shit....
that article is old.
You just pointed something out that everybody has already heard about, and has already been done. It was titled
The Paulson Bailout. The article there is from September, Forumer. The Paulson bailout was around $700-to-$850billion (USD) in total. About $250billion (USD) has been spent, thus far, in buying various toxic-assets. In total, summing up all of the other bailout packages that have passed, approximately $2trillion (USD - 2,000,000,000,000) has been spent by my Government, thus far.
Alas, as I said, this is old news, at this point. This thread would have been appropriate in September or early August... at this point, it isn't that America has fallen, but rather that it is putting up an admirable fight to stay alive (which might very well succeed - no matter how incompetent the leaders, bankers, and businessmen are, the economy has a way of righting itself to spite them).