We’re hearing of bailouts everyday, bailouts for every kind of industry – insurance, housing, mortgage, investment banks, credit card companies, automobile, etc. Even States are going insolvent and demanding federal bailouts now.
CNBC is keeping track of all the bailouts and where the money is going. Now the bailout has reached $4.28 trillion dollars.
“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.”
Click the below link to see the line by line breakdown of where our taxes are going in this bailout that Naomi Klein calls “borderline criminal”.