just another persons waste of time
Human beings, who are almost unique in having the ability to learn from the experience of others,
are also remarkable for their apparent disinclination to do so.
Douglas Adams
.: watercooler :.
27 May 2009
.: watercooler :.
Bank
bailout: The greatest swindle ever sold - Salon
The six biggest
ways (we know about) that TARP scams taxpayers.
On Oct. 3, as the spreading economic meltdown threatened to topple
financial behemoths like American International Group (AIG) and Bank of
America and plunged global markets into free fall, the U.S. government
responded with the largest bailout in American history. The Emergency
Economic Stabilization Act of 2008, better known as the Troubled Asset
Relief Program (TARP), authorized the use of $700 billion to stabilize
the nation's failing financial systems and restore the flow of credit in
the economy.
more ...
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Posted by: Peter - 5:44 PM MDT
Tags: News
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