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April 12, 2010
Graph of the Day for April 12, 2010
"We want our money back, and we're going to get it. And that's why I'm proposing a Financial Crisis Responsibility Fee to be imposed on major financial firms until the American people are fully compensated for the extraordinary assistance they provided to Wall Street. If these companies are in good enough shape to afford massive bonuses, they are surely in good enough shape to afford paying back every penny to taxpayers." President Obama, January 14, 2010.
Source: The Heritage Foundation.
Hoven's Index for April 12, 2010
Current estimate of final cost of TARP financial bailout: $117 billion (Source: President Obama.)
Cost of non-bailout related "sweeteners" included in TARP legislation: $150 billion
Cost of Obama's 2009 stimulus package: $787 billion
Political contributions from AIG in 2008 election cycle: $1,202,748
Percentage of AIG's 2008 contributions going to Democrats: 65%
Percentage so far in the 2010 cycle: 76%
(Source: OpenSecrets.org.)
Graph of the Day Archive.