Where to Find $700 Million for the Bailout

It’s a problem. Where are we going to find $700 million for this ridiculous bailout?

Answer, let Chinese banks pay for it.

Seven Chinese banks have announced holdings of $721 million in the bankrupt investment bank Lehman Bros.

1.  191.4 million U.S. dollars at China Construction Bank (CCB),

2.  151.8 million U.S. dollars at the Industrial and Commercial Bank of China (ICBC),

3.  128.8 million U.S. dollars at the Bank of China (BOC),

4.  76 million U.S. dollars at the CITIC Bank,

5.  70 million U.S. dollars at the China Merchants Bank,

6.  70.02 million U.S. dollars at the Bank of Communication

7. 33.6 million U.S. dollars at the Industrial Bank.

Bigger problem…we need another  ZERO. It’s  $700 Billion, not Million.

Where do you think the bailout money should come from? I sure don’t want to pay it.