About that federal deficit and debt...

Who Does the US Owe Money To?

Gross Federal Debt as a % of GDP

Is This Why Bill Gross Dumped Treasuries?

Deficits Buster: Pentagon’s Biggest Boondoggles

TARP + GSE: $257 Billion in the Red

No, we are not profitable on the bailouts. TARP has $123B to go before breakeven, and the GSEs are $133B in the hole. 

All told, the Taxpayers have a long way to go before we are breakeven. That’s before we count lost income from savings, bonds, etc., the increased costs of food stuff and energy due to inflation (the Fed’s has done this on purpose as part of their rescue plan), the higher fees the reduced competition of megabanks has created, and the future costs our Moral Hazard will have wrought in increased risks and disasters.

How To Tell When The U.S. Debt Crisis Is Getting Serious