Reply #31: Yep - Privatize the profits and Socialize the risk

[NM Independent]

So, we're looking at around $200-300 bln in bailouts before the election. I'm assuming this is all just to hide the fact that the stock market would have already crashed had they not stepped in. In that respect I agree that something had to be done, but this just isn't right. The banks that caused this are getting off scott free, and the people whom they bent over are paying for it more than they were previously.

It's probably lazy of me to ask, but someone probably already has this at the top of their head. Just out of curiosity - How much is spent yearly on all social programs combined (food stamps, housing, medicaid, cash assistance, daycare subsidizing, etc.)?