the shadow liability is $3 trillion with the housing being at $2 triianllion. these programs end up costing significantly more than every promised. and while those are on budget they are not accurately reflected. worse of concern me is the implied implied implied guaranteed. you will not find this reflected in the budget. it is also worth saying and there is about $2 trillion in private pension funds, that are at risk and the taxpayer maybe asked to pick up as well. lots of figures and liabilities. i would go as far to say of equal concern is giving the actions of the widespread bail out during the crisis and the structure of the dodd-frank act leads the taxpayer responsible ultimately. the question is whether the other six trillion in uninsured bank liability and if the taxpayer is on the hook for those. that says nothing when you guarantee risk you make the cost of something lower and people consume more of it and the same is true about the risk in the financial systems. most of the guarantees they encourage excessive risk taking in the marketplace. we need t