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Sit Down Before You Read This

by Da King on April 20, 2009

in federal spending

Because if you aren't sitting down, you might fall over from shock.

According to a recent Bloomberg report, in order to curb the current recession, the U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion on behalf of the American taxpayers in the last 20 months.

I repeat, thats 12.8 TRILLION DOLLARS that the taxpayers are potentially on the hook for !!!

Gulp.

I'm not usually at a loss for words, but……..Oh…My…God !

As an individual taxpayer, I'm pretty sure I can't come up with my share of that loot. Does anyone want to buy my children ? They're in excellent condition, hardly used. Hey, Brangelina, I'll give you a good deal.

There's a breakdown of where the money went at the previous link, if it even matters anymore.

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