Trillion with a T : How America Brought Wall Street for 2T
Submitted by cactus1010 on Fri, 03/13/2009 - 17:16
Fox has been advertising this special. There's apparently an interview with ex president Bush about what the scare tactics used to push TARP.
Should be interesting. It's on tomorrow, I think it's 6PM Eastern
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What's this "we" stuff?
The way I understand it is that the money came from the Fed. And since they issue the money they technically own it. The way I understand it is that it isn't even "our" money and that the reason "we" should all be ticked off about it is that we use that currency and they are free to devalue and manipulate it at will.
We didn't buy them.
They bought us. If we give them $2T for failing and they get to keep their salaries and bonuses and 100% of Obama's staff is Wall Street insiders... Um, we gave them the money, the power, and the influence. If we bought them, then I've got buyers remorse. I want a refund.