Matt Taibbi’s Griftopia …the tail end of all this frantic lying, cheating, and scamming:
We paid for this instead of a generation of health insurance, or an alternative energy grid, or a brand-new system of roads and highways.
With the $13-plus trillion we are estimated to spend on the bailouts, we could have not only bought and paid off every single sub-prime mortgage in the country (that would have only cost $1.4 trillion), we could have paid off every remaining mortgage of any kind in this country — and still had enough money left over to buy a new house for every American who does not already have one.