Thursday, January 22, 2009

$8.5 Trillion Spent and No Relief in Sight...

Anther blog has an interesting graphic comparing the amount spent on the bailout to the GDP. Check it out.

"The combined effort of the Federal Reserve Bank and the U.S. Treasury hasn't done much towards solving the problems in our banking system. Since my last article about the Fed's action to bailout the financial system there has been an additional $6.684 trillion put to work assisting financial institutions."

SEE BLOG.