Over the last two weeks, the Fed and the U.S. Treasury have pumped hundreds of billions of dollars into the U.S. financial system. And now, with the added $700 billion blank check for bad assets that is likely to pass Congress in some shape or form, the tally is over $1,000,000,000,000! That’s 12 zeroes!
Yup, the next President is in charge of managing $1,000,000,000,000 in new debt. Why do you all think that Barack Obama will be the best man for the job?
Please leave comments. Rebecca Wilder