* Cost of the various US housing bail-out programs to date, through the Federal Reserve, the Federal Home Loan Banks, the Federal Housing Administration and Fannie Mae and Freddie Mac.: $1.46 trillion.
* Increase from 2006 to 2007 in Fannie Mae and Freddie Mac part of the bail-outs: $621 billion (expected to be much higher this year)
* Total new financing the Fed has made available to markets: $446 billion
* Cost for (non-Fan and Fred) housing part of the The Housing and Economic Recovery Act of 2008. a new program at the Federal Housing Administration for refinanced 30-year fixed loans: $300 billion. Homeowners “rescued”: 400.000. Cost per home: $750.000.
* Increase in US debt limit to accommodate the bill: $800 billion, to $10.6 trillion from $9.816 trillion .
* Time the bill will be implemented: Summer 2009
* Taxpayers cost for explicit government guarantee for Fannie and Freddie: more than $1 trillion
* 2008 salary Fannie Mae CEO: $13.4 million .
* Increased amount of what FHLB calls “advances” to member banks: $274 billion,
* Total advances: $914 billion (second quarter of 2008).
NOTE: the FHLB has a “Superlien” with the FDIC. When banks go belly-up, they get their money first, before depositors do. The FHLB boasts that it has never lost a penny on a loan to its member banks.
* Decrease in average home value in the past two years in South Florida: $100,000, $4,100 a month, $136 a day, or $5.70 every hour.
* New record US budget deficit for period starting October 1: $490 billion
* George W. Bush February deficit forecast: $407 billion
* Funds required to meet the US transportation infrastructure demand: $225 billion a year
* Current spending: $100 billion per year
* Bridges in the U.S. that are either “functionally obsolete” or “structurally deficient: 25%
* Budget for House bill passed Wednesday for highway and mass-transit projects: $8 billion
* Expected 2009 Congress transportation bill $400 billion over 6 years.
* Worldwide asset writedowns and losses: $469 billion in the past year
* Capital raised: $345 billion
* Cost of payments distributed under US economic stimulus package: $168 billion
* Cost of invasions Iraq and Afghanistan: $10 billion to $12 billion a month
* Decrease in miles driven by Americans in past 7 months: 40 billion, 3.7%.
* Number of days one third of UK adults can survive on savings: 11
* Forecast increase UK unemployment: 1.6 million to 2.5 million over the next two years.
* U.S. Treasury securities outstanding: $4.67 trillion
* Amount held by Japan and China: more than $1 trillion combined.
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