WASHINGTON – The federal government has devoted $4.7 trillion to help the financial sector through its crisis, a watchdog report said Monday.
Under the worst of circumstances, the report said, the government’s maximum exposure could total nearly $24 trillion, or $80,000 for every American.
So…. Yeah…. Um….
Bailouts = bad and whatnot.
Sorry for my lack of intelligent speech. My jaw is still on the ground.