In 2008 the United States Department of the Treasury purchased or insured up to $700 billion of "troubled" assets of over-inflated real estate properties. Many of the banks are just sitting on the bailout money not using the money intended for consumer loans.
That PoS g. w. bush gave Wall St. $1.5 Trillion Dollars from Aug. 9, 2007 to Oct. 6, 2008. http://cbs5.com/business/credit.crisis.timeline.2.818699.html
Aug. 9, 2007 - $24 Billion
Aug. 10, 2007 - $38 Billion
Jan 15, 2008 - $30 Billion
Feb. 12, 2008 - $30 Billion
June 17, 2008 - $75 Billion
July 23, 2008 - $300 Billion
Aug. 12, 2008 - $25 Billion
Sept. 14, 2008 - $60 Billion
Sept. 15, 2008 - $50 Billion
Sept. 16, 2008 - $85 Billion
Sept. 29, 2008 - $700 Billion
Oct. 6, 2008 - $37.8 Billion
http://www.torturingdemocracy.org/program
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