$7.7 trillion
Monday, November 24, 2008 by Dave Winer.
Bloomberg says the US bailout so far is costing us (the taxpayers) $7.7 trillion. 
I just had to type that number in it's so astonishing. Where are we going to get that much money? Are the Chinese really going to lend us that much? And when we come back to them in April looking for $77 trillion, what will they say?
One plus to all this michegas, it makes the Iraq debacle seem like an absolute bargain! Good going Bushie and Cheney. Look at how much money you didn't waste.
It's really hard to laugh about this. Oy.
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Dave Winer, 53, pioneered the development of weblogs, syndication (RSS), podcasting, outlining, and web content management software; former contributing editor at Wired Magazine, research fellow at Harvard Law School, entrepreneur, and investor in web media companies. A native New Yorker, he received a Master's in Computer Science from the University of Wisconsin, a Bachelor's in Mathematics from Tulane University and currently lives in Berkeley, California.
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