I am a financial news junkie. These figures I have been collecting are not complete. Some listed may not be spent or are included in subjequent programs. Some are estimates. As near as I can figure, starting with the Bear Stearns bailout in March, the Fed(eral Reserve) announced:

$ 29 Bil to facilitate the Bear Stearns takeover,
$ 200 Bil to bolster the Federal Home Bank
$ 200 Bil Swaps (possibly incl. in the $5 Tril below)
$ 600 Bil. thru August. The Fed added
$ 545 Bil for domestic & int’l short term borrowing,
$ 150 Bil in AIG bailout/ ($40 Bil after I wrote piece)
$ 25 Bil to auto industry (prior to current $25 Bil plan)
$ 700 Bil Bailout
$ 150 Bil in ‘goodies’ to get it passed
$ 200 Bil + in 2 more taxpayer rebate plans
$ 400 Bil to augment bailout/or 3 mil. sub prime prob.loans
$2,800 Bil. estimate EU bailout.
$5,000 Bil. estimated total Fed & Central Bank swaps
$ 586 Bil. Chinest bailout (also after I wrote the piece).

EU bailout may not inlude some $200 Bil in bank aid so far,
or FDIC help here; the above doesn’t include our $640 Bil regular budget, $700 Bil in bank writeoffs so far I think in the US only, Russia’s $30 Bil into her stock market (that dropped 73% since May 12) and much more, India or any of 200 other countries.

I need more fingers, or take off my shoes as some pundits feels it could hit $20 Tril. I for one can’t even imagine these levels of intervention. We are indeed witnessing history here.

Jon