Cost Of Bailout Hits $8.5 Trillion

//www.prisonplanet.com/cost-of-bailout-hits-85-trillion.html

The Real News Network: Bailout Costs $8.5 Trillion
//www.commondreams.org/newswire/2008/11/26-1

--------

Can Government Keep Spending? Most Economists Say Yes

Jack Chang, McClatchy Newspapers: "Since the US economy went into freefall in September, the federal government has announced hundreds of billions of dollars in bailouts and economic stimulus packages in attempts to shore up banks and reignite the economy."

//www.truthout.org/112608D



Economic Rescue Could Cost $8.5 Trillion

Jim Puzzanghera, The Los Angeles Times: "With its decision last week to pump an additional $1 trillion into the financial crisis, the government eliminated any doubt that the nation is on a wartime footing in the battle to shore up the economy. The strategy now -- and in the coming Obama administration -- is essentially the win-at-any-cost approach previously adopted only to wage a major war. And that means no hesitation in pledging to spend previously almost unimaginable sums of money and running up federal budget deficits on a scale not seen since World War II."

//www.truthout.org/120108L



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