Occupy wall street protestors are protesting many
things, among them are the bailout of the wall street
banks by the government after causing the housing
collapse in the United States and serving no jail
time for it.
According to Wikipedia, The Troubled Asset Relief
Program (TARP) is a program of the United States
government to purchase assets and equity from
financial institutions to strengthen its financial
sector that was signed into law by U.S. President
George W. Bush, on October 3, 2008. It was a component
of the government's measures in 2008 to address the
subprime mortgage crises.
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Showing posts with label tax payer bank bailout. Show all posts
Showing posts with label tax payer bank bailout. Show all posts
Thursday, November 03, 2011
Thursday, September 18, 2008
The Sky Is Falling On The American Financial Sector
Who would have thought that something as innocent as trying
to deceive the American people into thinking that home ownership
was increased by their administration would have caused such a
horrendous downfall of the American financial sector. One minute
the politicians are telling us, vote for me, I will lower your
taxes and increase home ownership. The next minute they are
taking billions of dollars of tax payers money to bailout
failing, once wealthy and powerful, financial institutions.
READ MORE HERE...
Who would have thought that something as innocent as trying
to deceive the American people into thinking that home ownership
was increased by their administration would have caused such a
horrendous downfall of the American financial sector. One minute
the politicians are telling us, vote for me, I will lower your
taxes and increase home ownership. The next minute they are
taking billions of dollars of tax payers money to bailout
failing, once wealthy and powerful, financial institutions.
READ MORE HERE...
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