current summary by Levin - numbers put together

Oct 21, 2008 13:19



1. Stimulus package -- $150 billion, of which $28 billion went to those who paid NO income tax. In Joe Biden's neighborhood (he claimed in the debate) they call that fairness. In my neighborhood, as well as Karl Marx's, it's called income redistribution. Did the stimulus help? No.

2. Bear Stearns stolen -- $30 billion.

3. Housing Bill -- $300 billion ( Read more... )

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sartoris October 21 2008, 19:52:19 UTC
And the funny thing is that most of this money are loans taken by the US government from the same banks it is saving... Did You know that?

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