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Reply #7: i think you are wrong on this [View All]

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janewin Donating Member (93 posts) Send PM | Profile | Ignore Sun Nov-14-10 04:06 PM
Response to Reply #4
7. i think you are wrong on this
Rachel Maddow did a report on the TARP program a few months ago were she discovered that the program overall would only cost the US treasury 50 billion and this figure leaves out the interest on the 2yr dept that would have to be paid for who knows how long and even the few financial institution that are making money are doing it under the backs of the poor people who are forced into using credit cards and taking loans. So all in all, I say its a total failure, these banks should have all been allowed to fail. Obama was obviously lied to by the snake Paulson and Bernake(both RW scums) to support this bill so please lets not put the TARP failure or imagined success on Obama.

And please dont get me started with the trillions injected into the financial system by the Federal Reserve

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