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Bailout Tab Tops $4 Trillion!

by Matthew Vadum
November 17, 2008

CNBC estimates that all the federal bailouts total $4.28 trillion so far: “That’s $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and sources.”

Perhaps America should just file Chapter 11…oh wait.

Tags:  capitalism/wealth creation, Corporate Welfare/Bailouts, Taxes/Taxation

Matthew Vadum

The author of Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum, former senior vice president at CRC, writes and speaks widely…
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