Quote:
Originally Posted by FishermanTim
They made a $3 billion deposit (after federal bureaucrats get their hands on it will be more like $1 billion or less!) and will make another $2 billion deposit next quarter, and $1.25 biilion each subsequent quarter until $20 billion has been paid.
So, how much of the total $20 billion do you think the government CURRENTLY plans on keeping for "administrative costs"?
If it's like the general government process, it'll probably be at least 50%, because we all know how hard our government officials work?
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In 3 years we will have nothing to show for it. If we have learned anything from this bunch it's that $20 billion won't get you much.