The Inspector General says the bailouts could reach $24 Trillion dollars or $80,000 per man, woman and child in this country. That is more than double the current national debt spent on subsidizing and financing failed institutions.
This is insane. Does anyone in their right mind think this could possibly work? Does any sane person think that this is good government policy? Bankrupting this nation to keep Goldman Sachs solvent is insane and ludicrous. If a company fails another will fill its spot and do a better job if it also doesn't want to get replaced.
2 hours ago