What does $775 Billion buy?

"Of all the aspects of social misery nothing is so heartbreaking as unemployment" ~Jane Addams, 1910

Under the theory that a picture is worth a thousand words, I'll be brief and let the graph below do the talking. The bottom line is the unemployment predicted by government if the budget busting stimulus package were adopted to save the day. The top line is the "doomsday" scenario that would occur without the "stimulus".

And the reality is....

the taxpayers have paid $775 billion and the results are WORSE than doomsday!

Bottom Line

Post-Stimulus Results:

May 20: Fed's economic forecast worsens
"Central bank now expects unemployment to rise to a range of 9.2% to 9.6% this year. Fed also predicts a sharper decline in GDP than it had forecast in January."

Stocks, dollar, treasuries fall on concerns over U.S. creditworthiness!!

Was The Bank Bailout Even Necessary?

Bank of England Makes 1 Billion Pound Profit Off of Financial Crisis
Worst financial crisis in modern history = biggest profit in BofE's 300-Year History