According to this article, which has calculated the full cost (so far) of the recent bailouts, the total includes the 700 billion dollar bank bailout of Fall 2008, the 816 billion dollar bank bailout of last month, 3 trillion from the FDIC over the last two years, and another 5.7 trillion pledged, another 780 billion (at least, but I’d say 1.5 trillion) to be passed very soon (God forbid it!). That brings the total to… <one sec please>… <carry the 1>… <divide by 0>… <plus the square root of negative 7>… 9.7 TRILLION dollars. Or, as I like to put it.
$$$$ 1 GAZILLION DOLLARS $$$$
