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Academic
: Instapundit.comROBERT FARAGO: Bailout Watch 518: How Much is This Boondoggle Going to Cost Me? The answer: ?I re?
By Glenn Reynolds
ROBERT FARAGO: Bailout Watch 518: How Much is This Boondoggle Going to Cost Me? The answer: “I reckon the government?s to-date contribution towards keeping the zombies alive lies just north of $37 billion. That doesn?t include the duo?s share of the $25 billion Department of Energy retooling loans (should they live that long). Or the $5 billion blessed upon GMAC. And the $1.5 billion loaned to the now-defunct Chrysler Financial. Or Canada?s contribution to the kerfuffle. Or the cost of running a 25-member Presidential Task Force on Automobiles. And the phalanx of lawyers employed by same. And the community organizer assigned to help out affected communities with, wait for it, federal funds. And now . . . the rest.”
Full post as published by Instapundit.com on May 04, 2009 (boomark / email).
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