our gov is going shel out anather 1.2 trillion, not billion, Trillion.

notice the part were the federal goverment is going to buy 300 billion of goverment bonds.

Fed launches bold $1.2T effort to revive economy

03/18/2009 4:06:22 PM

By JEANNINE AVERSA AP Economics Writer
With the country sinking deeper into recession, the Federal Reserve launched a bold $1.2 trillion effort Wednesday to lower rates on mortgages and other consumer debt, spur spending and revive the economy. To do so, the Fed will spend up to $300 billion to buy long-term government bonds and an additional $750 billion in mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.


what do you do after you hand your self 300 billion, pay your slef intrest over the next 35 to 50 years.

 

some people just don't understand that when you have dug yourself a hole, you should stop digging...........in relation to spending.

 

im applying for my bailout plan soon....WTF!!

 

i want a KB racing front mount/cam/trans bailout

 

perferably stop diggin and start tryin to get out.. but that would make too much sense..

 

lol....let me know how that goes for you, you have to be on the edge of going bankrupt and then they will think about it.....then when it's too late they will "help"

 

i should write a book about the death of common sense and probably make millions

 

id buy a copy just for entertainment...

 

I think it's been done

 

Yeah it's called "Politics For Dummies"