Barry Ritholtz’s blog gives a graphic showing the comparative cost of the bailout, thus showing it is indeed massive and monumental:

“In just about one short year (March 2008 –  March 2009), the bailouts managed to spend far in excess of nearly every major one time expenditure of the USA, including WW1&2 (omitted from graphic), the moon shot, the New Deal, total NASA budgets (omitted from graphic), Iraq, Viet Nam and Korean wars — COMBINED.”bailoutnationchart

HT: World Magazine