The $124 BILLION (so far) that time forgot

So far this year, Treasury has been bought up enough toxic mortgages from itself (fanny and freddie) to fund the Iraq war for an entire year. Where is this money going???
Add the $124 BILLION to the money the Fed has spent on the same thing and we're already over $400 BILLION into propping up the mortgage market.

Good lord this crisis has been good for so many...

THIS is whyipaytaxes.

Thanks to ProPublica for discovering this otherwise unremarkable and generally unheard of line item on the Treasury's balance sheets.
Thanks to Marketplace.org for pointing out the discovery.
Another moment for ProPublica props: For some great data visualization showing you how your tax dollars are spent.