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To: tejek who wrote (280343)10/2/2010 12:45:35 PM
From: steve harrisRead Replies (3) | Respond to of 306849
 
lol

Ezra Klein?

netrootsnation.org



To: tejek who wrote (280343)10/2/2010 1:50:28 PM
From: Broken_ClockRespond to of 306849
 
The true cost of the bank bailout
September 3, 2010
We all know about TARP, the Troubled Asset Relief Program, which spent $700 billion in taxpayers’ money to bail out banks after the financial crisis. That money was scrutinized by Congress and the media.

But it turns out that that $700 billion is just a small part of a much larger pool of money that has gone into propping up our nation’s financial system. And most of that taxpayer money hasn’t had much public scrutiny at all.

According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.

pbs.org



To: tejek who wrote (280343)10/2/2010 3:56:39 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Plenty of monopoly money for all



To: tejek who wrote (280343)10/2/2010 6:24:18 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'Both the TARP and the stimulus appear to have done their jobs quite well. TARP probably averted a depression, and the stimulus gave the economy a big shot of demand when it was most needed, and has created millions of jobs. Given the chaos and confusion that reigned amidst the financial crisis, that's pretty good'

You are posting any good news in the wrong place.