General Discussion
In reply to the discussion: Sanders Releases Explosive Bailout List [View all]"This report reveals the inherent conflicts of interest that exist at the Federal Reserve. At a time when small businesses could not get affordable loans to create jobs, the Fed was providing trillions in secret loans to some of the largest banks and corporations in America that were well represented on the boards of the Federal Reserve Banks. These conflicts must end," Sanders said.
The point is those loans should have gone directly into making sure people were employed. These loans could have served the nation better had they been used to fund projects to rebuild our infrastructure or as lines of credit to small businesses. (The real job creators) Employed workers service their debt. They pay their taxes. The banks would have been made whole from the ground up. State and local governments would not be hurting for revenue. And the economy would be in better shape all around. No reason to kick the poor, old or disabled to the curb then.
I'm surprised you would call Sen Sanders a conspiracy theorist.