Monday, November 24, 2008

Sad State of Affairs

It was announced today that the Government is going to give Citigroup an additional $20 billion investment—that's on top of the $25 billion that the failing financier received in October (part of the $700 billion bailout package Congress approved).

How much longer can this go on for?

And as I am just about to click "publish post," I see a "breaking news" story rolling across the CNN.com ticker: "President Bush says there may be more bailouts like the one for Citigroup..."

1 comment:

Cariad Photography said...

I would like to know where all this money is coming from.... :( it is so scary!