Will the taxpayer make any money from the bailouts?
Submitted by northstar on Fri, 09/11/2009 - 12:56I know this sounds like a really dumb question and I feel like we probably won't.
I was wondering today about it because some institutions have paid back their portion of the bailout including interest. Shouldn't the interest be seperated and put into escrow or something, so the taxpayer gets something back even if we don't recoop all the rest of the money we taxpayers were forced to give to the bailout?
Or, are they just going to take the interest and roll it forward to pay down the bailout? I doubt that'll happen, it'll probaly end up in some fatcats pocket.
Who gets the interest?
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uhmmm.....
NO
No, there's no money to be made for the little people
The big people, however, have already made hundreds of billions.
No. Take a look at all of the monies spent (acquired by
placing taxpaupers and generations of their offspring deeper into debt) on such efforts and compare them to the amounts that have been "paid back".
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"An economy built on fiat money is a society on its way to ashes."
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"An economy built on fiat money is a society on its way to ashes."