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IPFS News Link • Corruption

Denninger: Taxpayers on the Hook for Twenty Four Trillion Dollars?

07-20-2009 • Market-ticker.denninger.net

Barofsky said that while the TARP program that Congress passed amounts to $700 billion, the total federal government support since 2007 for the economy and the financial sector could reach a far higher figure of $23.7 trillion.

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Reported By Jack Gregson

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1 Comments in Response to Denninger: Taxpayers on the Hook for Twenty Four Trillion Dollars?

Comment by Lucky Red

Entered on: 7/20/2009 12:38:21 PM

This should be neither a big secret nor a surprise. If they admitted to 700B, it had to be at least double that. One can only imagine all the secret deals, the manipulations, the lies that went on.

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