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Reply #4: Banks don't have anything to worry about [View All]

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CHelms Donating Member (33 posts) Send PM | Profile | Ignore Wed May-26-10 07:46 AM
Response to Reply #2
4. Banks don't have anything to worry about
Thanks to Bush and the Republicans, their losses have all been nationalized. Their bad loans and incomprehensible financial instruments are all backed by American taxpayers to the tune of 23 trillion dollars. TARP, less than one 23rd of the total bailout package, is the only part we ever hear about. John Q Taxpayer is now financing the purchase of top hats and monocles for people who cannot manage their own businesses.
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