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Default Stimulus package for dummies

On Thu, 29 Jan 2009 16:47:34 -0800, Matt Stawicki wrote:

Read the article below and get out your calculator! If the bank
bail-out goes to $3 trillion


Looks like bushco already gave ~US$ 10 trillion ....
Is that enough to pay off ALL US home mortgages?
What happened to all that mortgage insurance?
--
Cliff
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