3/4 of a billion dollars

has the FED gone too far this time?? 

The Bush administration asked Congress to buy $700 billion in toxic assets clogging the financial system and threatening the economy as negotiations began on the largest bailout since the Great Depressi

Here is what we are facing (potentially) as a result:

• Higher taxes
• Higher interest rates on government debt
• Bigger government deficits
• little help to real estate

Ultimately, the future of generations of US taxpayers will be footing this bill. Not a good move by the  Bush administration of Secratary of the Treasury Hank Paulsen