A Better Solution Than TARP

Our government has committed $12,200 Billion in bailouts, guarantees, and backstops to the very same people who created this economic mess. Most of this money has not found its way to Main Street but instead has lined the pockets of the Wall Street types. Part of this was the $700 Billion TARP program. This video explains how instead of TARP, we could have used this money to LEVERAGE productive endeavors on Main Street that would have both employed our people and helped to reduce the federal deficits.

Category:

Education

Tags:

• TARP
• money
• bailouts
• bailout
• leverage
• bonuses
• bonus
• fractional
• reserve
• bankers
• banks
• productive

[topazrain]

"I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

Thomas Jefferson, 3rd president of the United States

[bastardchildofmary]

@herculesgalactic I agree 200% [oops, sorry for the fractional reserve complement! lol]

[herculesgalactic]

This plan still shackles the public to debt. Debt is effectively a form of slavery.

[herculesgalactic]

@bastardchildofmary

[CROBN]

The chart is tiny but I see the problem.

[bastardchildofmary]

this would also end the fed and the reign of the banksters.They would panic and be giving JFK headaches left and right to anyone in their way.Even so, the more info like this that is communicated, the better chance the people can help end this reign of terror