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True, much of the money lent under the program known as TARP, the Troubled Assets Relief Program, did get paid back, but that constituted only 7 percent of the $4.7 trillion disbursed to the financial services industry, in total bailouts. When one looks at all the bailout programs passed in 2008, not just TARP, an entirely different picture emerges.
These bank bailout folks never defied a court order to pay the money back, because no US court nor US agency has touched them nor asked them to pay it back. You see, the rules are a little different for them than for Cliven Bundy. Where is the seizing of mansions, private jets, and executive yachts, in order to get some of that money back? It's owed, just the same as we are saying Cliven Bundy owes his grazing fees.
Americans are very good at seeing things in black and white. What we are not so good at is discerning perspective and proportion, and adjusting our outrage accordingly. Because our hollowed-out economy, which is built on debt, seems to be functioning more or less normally on the surface, no one is getting bent out of shape over a rank injustice. But that could all change very quickly, if the Ponzi scheme of Chinese debt and Federal Reserve funny money comes crashing down. Much of that debt and funny money has gone toward paying for nothing more than the banker bailouts.
originally posted by: thisguyrighthere
Bankers address + anonymous tip line + "I think I see somebody with a gun" = legal SWATting.
Important you're sincere and uncertain. That way any overreaction (and there will be an overreaction) is on them and not you.
Morons call up phantoms everyday and they're lauded for their "see something, say something" behavior. Time to capitalize on the paranoia and militarization of this police state America.