On Bailouts

Posted by Tom on December 11th, 2008

(Apologies for the language.)

The Auto Bailouts

FYI: a $24 B bailout spread across 218 M adults (2003) is about $110 per person, not including the cost of paying back interest on the change in national debt.

If someone knows the original source of this, please let me know so I can give proper credit.

  • Google Bookmarks
  • del.icio.us
  • LinkedIn
  • Digg
  • Facebook
  • Reddit
  • StumbleUpon
  • Twitter

3 Responses to “On Bailouts”

That image says it all, perfectly. That’s the American corporate culture for you. They’ve been in bed with government for so long that they can now correctly predict that they can make stupid choices and the taxpayer will be forced to be there to suffer the risk.

I think I laughed for about an hour after reading this. Thanks.

Wow! that captures this bailout/bridge loan perfectly. Too big to fail means that we either give them our money willingly or else they take it with government sanction against our will.

Add Your Comment