Bowl Games: Your Tax Dollars At Work

Citi has received $45 billion in federal funds.  Also, the government said that Citi will not have to suffer losses on all the crap loans it made, with a massive $245 billion asset guarantee.  Citi paid back $20 billion, but still owes $25 billion more, and has said nothing about the asset guarantee.

So when you watch the games this weekend, realize that what you’re watching is being supported by an organization that would not be in existence if not for the tax dollars you pay.

— uo

Published in: on January 1, 2010 at 1:38 pm  Leave a Comment  

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