Thursday, January 26, 2012

Where's our money?

We taxpayers are still owed nearly $133 billion -- that's billion with a 'B' -- in bailout funds for companies like General Motors.

Hey, remember the days when private companies had to actually compete and face the consequences of financial decisions? Oh well, what's a billion here, a billion there. Tomato-tomahto, potato-potahto.

Latest news is $12 billion of this $133 billion has already been written off. Translation: Taxpayers lose.

Anyway, just keeping tabs on what's owed.

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