Democratic Underground - Visual chart: How Much Does the Bailout Really Cost?

Reply #33: Visual chart: How Much Does the Bailout Really Cost? [View All]

DemReadingDU

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Mon Dec-01-08 08:55 AM
Response to Original message

33. Visual chart: How Much Does the Bailout Really Cost?

Edited on Mon Dec-01-08 09:12 AM by DemReadingDU

11/30/08
Most people would agree that it is difficult to put the cost of bailing out our financial system into real terms. Including the recent Citi (C) rescue, some estimates are as high as $4.6 trillion dollars in total costs. So, we would be remiss in not sharing this shocking visual representation of the government bailout as it currently stands. The chart needs little explanation to get its point across. Jim Bianco of Bianco Research has crunched the numbers, compounding each of these historic government expenditures by the rate of inflation (using CPI) so we can compare apples to apples.

http://seekingalpha.com/article/108434-how-much-does-the-bailout-really-cost?source=article_lb_articles

edit
11/25/08 more charts showing breakdown of bailout programs for the FED, Treasury, FDIC, FHA
http://globaleconomicanalysis.blogspot.com/2008/11/bailout-pledges-hit-77-trillion.html

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Reply #33: Visual chart: How Much Does the Bailout Really Cost? [View All]