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26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 5:37 pm
by Egg

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:04 pm
by Pigeon
What is the bsic story line to this topic?

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:15 pm
by Egg
That the government bailouts of the banks were more along the lines of 26 trillion than what we thought. That's a lot of cash and we're paying for it.

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:18 pm
by Pigeon
Figures. One has to wonder about the IQ of the average american since this BS just keeps rolling along.

First step, no person worth more than a couple million can hold a federal office nor can they make that much will in office.

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:20 pm
by Egg
They basically did this through secrecy and every bank benefitted from it while the public was hurt.

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:22 pm
by Pigeon
Rich people are addicted to gather endless sums of money. This type of evil should not be in control.

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:23 pm
by Egg
A large chunk of the money went to foreign banks. It comes to about $100,000 per American citizen. They played favorites, too. They lent out the money at 0.01% interest.

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:24 pm
by Pigeon
The whole place isn't even worth 26 trillion. Major book cooking.

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:25 pm
by Egg
Oh! And these were hand outs without asking Congress. Since this was done without the will of the people or Congress, why should we have to foot the bill?

Re: 26 TRILLION In Banker Bailouts Without TARP

Posted: Wed Nov 30, 2011 6:26 pm
by Pigeon
Think of the economic improvement had each person been given 100K to put back into the system via spending.