How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?

I've read several times that $85 billion on AIG would pay for about 6 months of health care for every man, woman and child in America.How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?The irony of all this is that we don't have 85 billion dollars. If we want an extra 85 billion either we'll have to borrow it, or run the printing presses or probably both. In the end just about everyone will be poorer. Bad decisions always make for a bad ending. The so-called 'liberals' wanted our taxes to go for such nonsense as health insurance, roads, bridges, education, high speed rail systems, solar and wind power where appropriate, high milage personal transportation and a minimum wage that tracked inflation. Instead we spent our money and other people's money on two wars with no natural stopping place and tax breaks for the 19th century industries of oil and coal. Now that the chickens of deregulation have come home to peck at what's left of the American wage-earners carcass maybe people will turn off all those right wing radio nitwits, pull their head out of their anatomy and demand an end to government by propaganda. No, the 'economy' isn't sound. We're not the 'richest' country in the world. No, we don't have the finest military on the face of the earth. Maybe the most bloated, but certainly not appropriate to the times. Conservatism doesn't mean 'conservative', it means reactionary and fascisti...not to mention incompetent, greedy and dumb as a post. This doesn't let Joe Average off the hook either. Joe, you spent what little income you had on dumb toys, short term gratification and way too much on beer and not near enough on education. Basically you #$%^ed yourself.....'ya shoulda' known better! Then to make it worse, Joe, you voted for some of the worst weasels in american history who laughted at you as they systematically robbed you world out for under you. Folks, the 'chickens' are here.....now what are you going to do about it?How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?
I believe it is the Congresses passing the bills and that included Demiocrats' votes.



Check your fact.How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?That would be $0. The President is not authorized to spend money, only Congress is. BTW the AIG money is a loan not a gift..
Congress controls the money, not the President. Please, take the time to read the Constitution, you'd be amazed at how wrong you are about everything.

How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?Socialism doesn't work. It doesn't matter if it goes to AIG (insurance) or heath care (ummm...insurance). Let people work, earn, and spend as they see fit, not how you or anyone else thinks it should be spent.How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?
What good is health care if you don't have a home or job?



Besides, I am sure you have heard this before....



The Federal Government has absolutely no mandate, no Constitutional requirement, and no business running our health care system.



And that is exactly what Democrats want it to do.



We have been investing your money with the Fed Gov for decades, look how well they have done with that.
$0. He doesn't spend money, he can only request it. The check writers belong to congress. How much has Bush spent on bailouts (socialized debts) and how many years of health care would that pay for?
The Fed Fund was at 800 billion (the amount they had on hand) pre crisis and it is now estimated at 200 billion (cash on hand) . .. of course more bonds were issued two days ago (?) so cash may be up . . . the amount technically spent (as in cash paid out) is around 200 billion as well . . . but the Fed has put the 400 billion in reserve for future liability



So a quick statement would read like this 800b to start, less 200b for bail outs, less 400b in reserves for future liabilities arising from bail outs, leaves 200b plus the cash yield of the bond issue.
That $85 billion came from Paulson at the direction of Pres Bush. NOT Congress. It had to be done.
And since we now own 80% of AIG...problem solved. meaning the payback of the loan can be directly tied to a like amount of coverage which might last years, since the great majority of us currently has medical coverage of some sort. thus the small number of uninsured would benefit from a basic coverage...and it's allready payed for.
This bail out will cause every american family around $ 3,200 dollar a piece1 trillion dollars in which my children's and your will be paying for years to come .

OBAMA/BIDEN
did you forget? or is this one more uneducated liberal rant?

CONGRESS is the one who bailed these corporations out.

your health care is YOUR problem not the gubments.

its not hard to see why you libs vote democrat because you seem to have that public school mentality that drives people away who want to be smarter.

economics is lacking in public schools and you are proving that with this moron question
The final bill to the taxpayers is currently incalculable. It will be huge.



This form of socialism is ridiculous. The benefits go to the big private entities and their wealthy execs while the detriments of the socialized debt go to the ordinary taxpaying Americans. Under ordinary socialism the benefits would go to the people. Obviously something is very wrong here.



I doubt we'll have health care for ordinary Americans any time soon because we are getting deeper and deeper into debt to pay for private businesses and bail them out of their mistakes.



Edit: As for those people blaming Congress, note in each and every bailout instance who is requesting the bailouts. It is the Bush administration making these requests.
The real question is how many jobs would have been lost if we didn't bail out AIG, Fanny and Freddie Mac. The figure that I have heard is around 60 trillion dollars tied up with AIG if it failed which is 6 times our Gross National Product. It would have caused an immediate world wide depression if it had failed. Also other Countries are spending billions to shore up their banks so we are not alone.