$23 trillion in government liabilities

[coadie]

A series of bailouts, bank rescues and other economic lifelines could end up costing the federal government as much as $23 trillion, the U.S. government's watchdog over the effort says - a staggering amount that is nearly double the nation's entire economic output for a year.

Can it end before the next election?
The healthscare may add 10%

Is there any sanity in borrowing money to fix healthcare and cover sickness we do not yet have? Remember any insurance is prepaying for sickness and medical costs. Do you borrow for future cars and groceries?

[coadie]

California’s huge government pension fund is expected to report today a whopping annual loss of an estimated $56.8 billion, almost a quarter of its investment portfolio.

h/t michelle malkin

Democrats show us frugal conservatives how they wish things to be.

[coadie]

Let’s see if I can count this up….

70 day CMBs, $30 billion (tomorrow)
13 week Bills, $32 billion (July 27th)
26 week Bills, $31 billion (July 27th)
52 week Bills, $27 billion (July 28th)
2 year Notes, $42 billion (July 28th)
5 year Notes, $39 billion (July 29th)
7 year Notes, $28 billion (July 30th)
19 year, 6 month TIPS (reopened), $6 billion (July 27th)

That’s two hundred thirty-five billion dollars over the next week!

Almost one quarter of a trillion…….
King Solomon is slipping fast.

[coadie]

Bumpsticker-

FORD: THE OBAMA FREE VEHICLE

Go Henry!

Ford is making money They have openings.