Is whiffle ball your sport of choice?

Umm, well normally I also like to check things out for myself, but that’s just me. In addition, I don’t skip to the very last page, as you are wont to do:

http://www.sigtarp.gov/987egapograbme123654/J09-3-SIGRTC.pdf#page=141

The first thing I notice is that the current exposure (gross) is $3 Trillion, not $23.7 Trillion. Certainly a big number but again this is a gross exposure and not a net expenditure. TARP will be paid back, the commercial paper facilities will revolve, and some of the obligations may even become profitable. Also included are items that could be an obligation but have not cost a dime yet – such as money market obligations, FDIC, FHFA, implied guarantees on FNM/FRE debt, etc…

But hey, that’s just me I like to learn about this stuff on my own, but you can keep on with the one liners if you like!

And I say ‘like’ because any number issued by the government that matches your ideological framework is accurate, and those that do not are shams. If only we all had that discretionary capability, or hypocrisy.

http://cspan.org/Watch/C-SPAN3_wm.aspx

Matt, what should I do?

A number that I like? Surely you jest (of course you do).
I’ll assume that the $23,000,000,000,000.00 is the bottom since it came from a government office. History is on my side.

Wow, is there pain involved when you attempt to pat yourself on the back?

Then a government-supplied number comes out that you ‘like’ and all of the sudden the government knows what they are talking about? What, the Rotchschilds/Bildeberg/Fed group couldn’t silence this guy?

Wow, maybe the government does know what they are doing? Good work Louie!

Twenty-Three Thousand Billion
$23,000,000,000,000.00