[lbo-talk] Bailout Total: $29.616 Trillion Dollars: GovernmentAccounting Office says $16 trillion

Doug Henwood dhenwood at panix.com
Mon Dec 12 09:57:42 PST 2011


On Dec 12, 2011, at 12:26 PM, Jordan Hayes wrote:


> But Charles: you should probably stop misrepresenting GAO on the $16T number.
>
>> 1) They shouldn't have done it.
>> 2) They should have done it but gotten something in return?
>> 3) Everyone deserves socialism.
>> 4) None of the above.
>>
>> I'm for 2) and 3). Anyone else?
>
> I think I'd add:
>
> 5) They should have done it in a more transparent manner.
>
> Maybe (5) is part of (2) ...

Yup, I should have said that. But by something in return, I meant regulation, disclosure, and an equity kicker.

Doug



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