Upcoming Events

UAPA Facebook

Coalition of Democratic and Progressive Organizations of Central Ohio (Facebook)

Clintonville Area Progressives (Facebook)
Columbus Northwest Blues (Facebook)
Columbus South Side Progressive Action (Facebook)
Dublin Area Progressives (Facebook)
Franklin County Democratic Women's Club (Facebook)
Franklin County Young Democrats (Facebook)
Gahanna Democrats and Friends (Facebook)
Grandview Ignite! (Facebook)
Licking County Democrats (Facebook)
Ohio Progressive Asian Women Leaders
Organizing for Upper Arlington and Northwest Columbus (Facebook)
OSU College Democrats (Facebook)
Progress Hilliard (Facebook)
Stonewall Democrats of Central Ohio (Facebook)
Westerville Progressive Alliance (Facebook)
Worthington Area Democratic Club (WADC) (Facebook)

Other Progressive/Democratic Organizations

Buckeye State Rural (Facebook)
District 15: Indivisible Ohio (Facebook)
Indivisble Columbus District 3 (Facebook)
Indivisible Central Ohio (Facebook)
Indivisible New District 12 (Facebook)

published by admin on Fri, 09/26/2008 - 10:09

The cost of deregulation is indeed very high --- to the U.S. taxpayer.

Bailout type	Cost to taxpayers (Source: Reuters)
Proposed Treasury Department legislation	$700 billion+
Bear Stearns financing	$29 billion
Fannie Mae and Freddie Mac nationalization	$200 billion
AIG loan and nationalization	$85 billion
Federal Housing Administration housing rescue bill	$300 billion
Mortgage community grants	$4 billion
JPMorgan Chase repayments	$87 billion
Loans to banks via Fed's Term Auction Facility	$200 billion+
Loans from Depression-era Exchange Stabilization Fund	$50 billion
Purchases of mortgage securities by Fannie Mae and Freddie Mac	$144 billion
TOTAL	$1.8 trillion+
COST PER HOUSEHOLD	$17,064+