That seems like chump change with what weve spent in our bailouts of the financial and union classes in the last year.
The shadow government is beginning to loose its stealth capability.
For the record, I have been against the government taking ownership stakes in financial institutions (or auto companies, for that matter).
But one would have to be an economic ignoramus not to understand that entitlement liabilities dwarf the TARP bailout. And the TARP spending has already been or will be repaid in full or nearly so.
ouch. I knew Social security and Medicare hit hard, but never realised just HOW hard. Thanks!