Thursday, November 27, 2008

Real News Video with Nomi Prins: Bailout costs $8.5 trillion (8,500,000,000,000!)

US Federal Government has pledged $8.56 trillion in economic bailout for financial institutions so far



"With the credit crisis continuing to worsen, the US federal government is pledging a seemingly endless amount of money to shore up failing institutions hit hard by toxic assets. Federal government pledges now top $8 trillion with the most recent $800 billion announced Tuesday. The Real News Network spoke to journalist and author Nomi Prins."

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