mf - story #4745 - Uh, "the bailout" is

posted by rick on November 18th, 2008 at 3:08AM

Uh, "the bailout" is 700 odd billion dollars. The 4 trillion dollar figure in the article is the total amount spent by the government in various other actions, including the bailout.

Just saying ...

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Also..
posted by dsk on November 18th, 2008 at 12:49PM

http://www.bloomberg.com/...&refer=worldwide

"The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral."

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posted by dennisn on November 18th, 2008 at 11:19AM

Do you support the government's assistance for it's struggling automotive industries? Surely you must--it employs a huge chunk of the working population and thus represents a huge chunk of the economy. Clearly we can't let it fail.

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posted by dsk on November 18th, 2008 at 10:31AM

Yeah, but really, whats the difference?

At the very least it should make you question the support for a $700 billion bailout given that even without it more than $3 trillion have been used to stimulate or bailout the industry.

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