Tuesday, July 21, 2009
$23.7 TRILLION, $23.7 TRILLION, $23.7 TRILLION...
$23.7 TRILLION DOLLARS
"This table is on page 134 of the report - the entire report should be required reading for every American, so you can see exactly what sort of outright lying and financial fraud you're being forced to support, despite your expressed opposition in September and October by a ratio of 100 to 300:1 as expressed by calls to Congress prior to the passage of the EESA/TARP. If you can come to any conclusion other than the fact that this entire fiasco has been anything more than a blatant attempt to force the taxpayer to eat trillions of dollars of losses incurred due to imprudent and even fraudulent practices on Wall Street, you've got a VERY active imagination."
- Karl Denninger, http://market-ticker.denninger.net/