We are really something here in the good ole’ USA.
We have so much money we can bailout Wall Street bankers and brokers.
So far, the federal government’s tab for propping up Fannie Mae (nyse: FNM - news - people), Freddie Mac (nyse: FRE - news - people), and American International Group (nyse: AIG - news - people) is $400 billion. Add the new loan relief entity, plus a smattering of other recent initiatives, and the jumping-off point could be near $1 trillion](http://www.nachi.org/forum/So%20far,%20the%20federal%20government’s%20tab%20for%20propping%20up%20Fannie%20Mae%20%20(nyse:%20FNM%20-%20%20news%20%20-%20%20people%20),%20Freddie%20Mac%20%20(nyse:%20FRE%20-%20%20news%20%20-%20%20people%20),%20and%20American%20International%20Group%20%20(nyse:%20AIG%20-%20%20news%20%20-%20%20people%20)%20is%20$400%20billion.%20Add%20the%20new%20loan%20relief%20entity,%20plus%20a%20smattering%20of%20other%20recent%20initiatives,%20and%20the%20jumping-off%20point%20could%20be%20near%20$1%20trillion.).
That and next a bailout for the middle Class.
And after that, National Health care.
A chicken in every pot, a home to live in and a college education for the kiddies.
Makes you proud to be an American Socialist, eh?