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Tag Archives: federal government bailouts

More Bailouts Coming (?)

We all know how well the auto industry bailout worked. The bailout is estimated to cost taxpayers (that’s us) $25.1 billion. What’s worse is that the estimate keeps rising. President Barack Hussein Obama wants to duplicate that “success” with every industry. The original bailout cost $80 billion, or about $30,000 per job. So, if you use the $80 billion/$25.1 billion ...

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