Wednesday, October 15, 2008

Monday's rally fizzles back to DOW 9,000!!! TEMPORARY BEAR RALLY SATISFACTION IS GONE

THIS IS SERIOUS, GET YOUR MONEY OUT NOW!!! WE ARE AT ECONOMIC COLLAPSE!!!!! THE SYSTEM IS BROKEN AND IS BEING FUELED WITH TAX DOLLARS TO BUY BAD DEBT WHICH IN TURN FURTHER DETERIORATES THE ECONOMY INTO A NEVERENDING DOWNWARD SPIRAL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

BRACE FOR IMPACT NOW!!!!!!!!!


Bailout Type Cost To Taxpayers
Pelosi’s latest economic-stimulus package $300 billion
Paulson’s Bank Nationalization package $250billion
Bailout to the American car companies $25 billion
Nancy Pelosi’s bailout of the state and local governments $150 billion
Financial “bailout” bill $700 billion+
Bear Stearns financing $29 billion
Fannie Mae and Freddie Mac nationalization $200 billion
AIG loan and nationalization $85 billion (+ extra request of $35 billion)
Federal Housing Administration housing rescue bill $300 billion
Mortgage community grants $4 billion
JPMorgan Chase repayments $87 billion
Loans to banks via Fed’s Term Auction Facility $200 billion+
Loans from Depression-era Exchange Stabilization Fund $50 billion
Purchases of mortgage securities by Fannie/Freddie $144 billion
POSSIBLE TOTAL $2.56 trillion+
NUMBER OF HOUSEHOLDS PER
U.S. CENSUS 105,480,101
POSSIBLE COST PER HOUSEHOLD $24,269

No comments: