Does anybody know where the bailout money went?

[suityou01]

Because the government spends more than it earns in taxes. This is only partially down to bailing out the banks, they also have to service their existing debt, fund two wars, and pay increasing amounts of social security and so on.

sure

S&P will take all that into it's thinking, and then downgrade their credit rating.

[TimberWolf]

Because the government spends more than it earns in taxes. This is only partially down to bailing out the banks, they also have to service their existing debt, fund two wars, and pay increasing amounts of social security and so on.

That's what worries me most. The economy is steaming towards a painful restructure.

[Menelaus]

That's what worries me most. The economy is steaming towards a painful restructure.

Yup. There's a biggie coming, probably 2011/2012.

[suityou01]

Yup. There's a biggie coming, probably 2011/2012.

you have to expand on this Menelaus.