said by major marco:I am laughing uncontrollably over the very idea of investing in the infrastructure because that would never happen in the U.S., especially where infrastructure is concerned. The way it works here is that kind of moohlah, as evidenced by the
Bear Stearns bailout, only goes to wealthy corporations and their gullible marks.
BTW, the actual
bailout amount was $3.2B, which could have been much better spent elsewhere.
The $30 billion was in Fed guarantees of their debt. So, yes, it could eventually cost the taxpayers $30 billion.
