Thursday, February 5, 2009

The Bailout

I could use $11,428 for a new home. Could you?

t b m t (Note 1)
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first bailout: 700,000,000,000 / 140,000,000 = $5000
second bailout: 900,000,000,000 / 140,000,000 = $6428
total bailout: 1,600,000,000,000 / 140,000,000 = $11428

(1) taxpayers = ~140.0 million [conservatively rounded up]
http://www.irs.gov/newsroom/article/0,,id=175470,00.html

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