Bailout Tab

I found an article discussing exactly how much money has been given away in the bailout. The figures are impossible to calculate because money just keeps getting given away. More recently, due to the AIG bonuses "issue", the government will hopefully take more care in investigating the bailout payouts, even though there were no rules against paying bonuses. But, where does all this money to bailout companies come from? The government apparently has a multiple trillion dollar budget, but where do they get this money. According to the article on the Bailout tab, the approximate amount of money spent so far is around $7.2 trillion. That is way more than the couple trillion budget. The country is in debt, makes taxes, but also has a lot of projects to cover. It seems unrealistic that there is money for them to spend. The money being created could potentially make the crisis worse. The government is creating money and adding more and more to the country's deficit.

Also, the government is depending on the loans being repaid, which is a stretch. The crisis was caused by people not being able to pay back loans. For example, the mortgage crisis is because people can't pay their mortgages. Every problem stems from a lack of money to pay people. The individuals who are taking out loans to pay are taking out many loans, which are even harder to repay. If the government actually receives repayments, it will be in a very long time. But the interest payments on all the loans people are taking out are going to overtake their income change which results from the loan help, and so the help and loan requirements will either end up cancelling out and not helping the person at all or the person will be stuck paying the loans back forever.

http://www.msnbc.msn.com/id/30115091/