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Monday, September 22, 2008

Bailouts + Packages: Twice the Size of the War on Terror

And this DOES NOT include the potential / likely costs of all the new lending facilities / conversion of Morgan Stanley or Goldman...
Sept. 17: AIG

Just how big is this? It's roughly 2x the size of spending to date on BOTH the Afghanistan and Iraq wars to date... Ladies and gentlemen. We have a new financial war in progress....

Cost of the Iraq / Afghanistan Wars to Date