A lot of people complain about the tens of millions in bonuses to corporate executives, but that's a literal drop in the bucket to the HUNDREDS OF BILLIONS to Fannie and Freddie!
Most people cannot comprehend how much a $ trillion is, and that goes a long way to explaining how most people have no clue how bad things are going to get here in the US. If you have a 4 inch stack of $1,000 bills, you are a millionare. A $ trillion is about 69 MILES of $1,000 bills STACKED and laid sideways to make a rectangle. That is one single $ trillion, and NOBODY can explain how we will pay back the $12 trillion debt, much less the unfunded liabilities ranging in estimate from $60 trillion to over $100 trillion. Any bright glimpse of recovery will be crushed by this debt, if not in one year, then within 5 or so.
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U.S. promises unlimited financial assistance to Fannie Mae, Freddie Mac
