26 TRILLION In Banker Bailouts Without TARP

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Egg
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26 TRILLION In Banker Bailouts Without TARP

Post by Egg » Wed Nov 30, 2011 5:37 pm



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Pigeon
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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Pigeon » Wed Nov 30, 2011 6:04 pm

What is the bsic story line to this topic?

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Egg
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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Egg » Wed Nov 30, 2011 6:15 pm

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.


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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Pigeon » Wed Nov 30, 2011 6:18 pm

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.

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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Egg » Wed Nov 30, 2011 6:20 pm

They basically did this through secrecy and every bank benefitted from it while the public was hurt.


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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Pigeon » Wed Nov 30, 2011 6:22 pm

Rich people are addicted to gather endless sums of money. This type of evil should not be in control.

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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Egg » Wed Nov 30, 2011 6:23 pm

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.


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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Pigeon » Wed Nov 30, 2011 6:24 pm

The whole place isn't even worth 26 trillion. Major book cooking.

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Egg
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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Egg » Wed Nov 30, 2011 6:25 pm

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?


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Re: 26 TRILLION In Banker Bailouts Without TARP

Post by Pigeon » Wed Nov 30, 2011 6:26 pm

Think of the economic improvement had each person been given 100K to put back into the system via spending.

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