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Because Republicans always scream about the poor collecting food stamps and social security or what not but when it comes to corporate welfare, handing out trillions of tax dollars to prop up failed/crooked financial institutions you never hear a peep from them. that's not capitalism, its socialism.
see they love that gub'mint welfare! but only when it benefits the 1%.
Because Republicans always scream about the poor collecting food stamps and social security or what not but when it comes to corporate welfare, handing out trillions of tax dollars to prop up failed/crooked financial institutions you never hear a peep from them. that's not capitalism, its socialism.
see they love that gub'mint welfare! but only when it benefits the 1%.
No it is you left handed loons who never made a peep. We the evil republicans had been warning you loons for a long time but were just shouted down by the rabid left. Now that the housing market collapses and the bailouts fired off you jump on your high horse and hit your idiotic left wing disinformation sites to find out what happened then come in howling.
Staggering amount of money printed. Xerox should be proud.
By March 2009, the Fed had committed $7.77 trillion to rescuing the country’s financial system – “more than half the value of everything produced in the U.S. that year,” Bloomberg says.[LEFT]
Read more: Report: Fed bailout neared $8T - MJ Lee - POLITICO.com
[/LEFT]
It took Bloomberg 3 years to get the information and the banks actually made $13 Billion in the end due to the low cost loans from the federal reserve, why hasn't this story recived greater attention.
These are the same banks that are now arguing for less restrictions and people don't understand why people are protesting??
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