Erin Burnett owes a big apology to the OWS protestor she mocked..

[girl gone mad]

Tarp Overseer Debunks Bailout Myths: Big Companies HAVEN’T Repaid Tarp Funds … And Funds to Help Homeowners HAVEN’T Been Disbursed

Debunking Bailout Myths

Apologists for government bailouts push two main myths:

• That all of the bailout funds have been repaid
  
  
• That the bailouts helped the average American

But the official government overseer of the Tarp bailout program – the special inspector general for TARP, Christy L. Romero – has debunked both myths.

Today, Romero wrote the following to Congress:

After 3½ years, the Troubled Asset Relief Program (“TARP”) continues to be an active and significant part of the Government’s response to the financial crisis. It is a widely held misconception that TARP will make a profit. The most recent cost estimate for TARP is a loss of $60 billion. Taxpayers are still owed $118.5 billion (including $14 billion written off or otherwise lost).

And earlier this month, Romero stated that the portion of the Tarp funds which were supposed to help homeowners haven’t been disbursed...

read more: http://www.nakedcapitalism.com/2012/04/george-washington-tarp-overseer-debunks-bailout-myths-big-companies-havent-repaid-tarp-funds-and-funds-to-help-homeowners-havent-been-disbursed.html

[applegrove]

1. Occupy was about inequality and government being bought by the rich. Erin Burnett was completely

off the mark with her comment that 'banks had paid the government back so why are you all complaining'. She was wrong then.

[Fuddnik]

4. She's wrong a lot more often than just "then".

Clueless rich birdbrain.

[Po_d Mainiac]

2. erin d'bubblehead needs to wake with the fresh taste of ditch in her mouth

You only need ta watch the first 45 seconds of the vid. Keep a barf bowl handy.

http://sherriequestioningall.blogspot.com/2011/04/erin-barnett-rick-santelli-of-cnbc-and.html

[mbperrin]

3. Good for Romero!

Look for her to be fired soon. The PTB hate to be shown up.