Exposed: Fed Bailout of Big Banks Dwarfs TARP (What Occupy Wall Street is About)

The Federal Reserve gave banks a much larger bailout than the infamous TARP. A Bloomberg report with the details is broken down by Cenk Uygur of The Young Turks. Cenk also explains the relevance to the Occupy Wall Street movement.

http://www.bloomberg.com/news/2011-11-28/secret-fed-loans-undisclosed-to-cong...

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Category:

News & Politics

Tags:

• fed bailout
• federal reserve bailout
• fed banks money
• federal reserve banks money
• bloomberg fed
• bloomberg federal reserve
• bank bailout
• tarp
• tarp banks
• jpmorgan
• bank of america
• citigroup
• wells fargo
• goldman sachs
• morgan stanley
• too big too fail
• bailout money
• bank bailout list
• bank bailout paid back
• occupy wall street
• occupy protesters
• #occupywallstreet

[syntaxed2]

@420Crackdealer says the guy called CRACKDEALER rofl

[nuttapun1234]

the way think  you

[mana2112]

End The Feds!!!

[braveGurkhali]

man what happened in your forhead?

[RobertMOdell]

@420Crackdealer You pass out 0% loans to every SSN and to nobody else. Distribution can be made by check at post offices, just as passports are handled: in person with valid sources of ID. Are tax returns "corrupt"? Seems you have settled for corrupt America to keep everything going the way it has been. You cannot force Americans to support the pensions of others they never agreed to supporting.

[420Crackdealer]

@RobertMOdell Well the congress can't pass legislation without going through the senate, anyways what your proposing makes zero sense. The distribution would be impossible and ultimately corrupted. What these occupy people don't understand is that if the government didn't "bail out" banks then ALOT of hard working people would have lost their pensions and jobs. But instead you want to give that money to a bunch of lazy people who would protest anything.

[RobertMOdell]

@420Crackdealer We don't even need the FED, actually. Congess could have just as well extended every American a 0% loan.

[420Crackdealer]

@RobertMOdell hahahahaahhahahahahahahhahahah­ahahhahahahahahhahahahahahahha­hahahahahhahahahahhahahahhahah­ahahahhahahahahahhaha you uneducated fucking twat

[RobertMOdell]

We should have let the top 6 banks fold and instead given TARP funds and FED loans to the American people directly.