Post with 75 notes
$9.1 Trillion from the Federal Government
$2.5 Trillion from the Treasury
$1.5 Trillion from the FDIC
$1.4 Trillion from a joint effort from the FDIC, Treasury, and Government
+ $300 Billion from a Housing Bill, which was primarily pork barrel legislation
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$14.7 Trillion
+ Interest
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= $16,100,000,000,000
That’s more than twice every war that the United States has waged in its lifetime, combined.
Source: It Takes a Pillage; Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street by Nomi Prins