Government's $700 billion bail out. What it says.

[Coca-Cola]

Galaki said:

Coca-Cola said:

Sec. 6. Maximum Amount of Authorized Purchases.

The Secretarys authority to purchase mortgage-related assets under this Act shall be limited to $700,000,000,000 outstanding at any one time

 

Holy crap, anyone wanna to the math? As US dollar approaches Zimbabwe dollars... Find the limit.

yup, its $70 billion now and the gov't can do it again and again and again.

They are taking over.