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Quoted from Campaign for Liberty website
Why should taxpayers be on the hook?
On Thursday, Congressman Paul spoke at the House Financial Services subcommittee hearing on The Role of the International Monetary Fund and Federal Reserve in Stabilizing Europe.
He also questioned Federal Reserve Board of Governors member Daniel Tarullo and observed how continual bailouts help the big banks and the well-connected at the expense of the taxpayer.
Originally posted by dawnstar
is any of this money even being loaned to us??
by what I hear, unless you have really fabulous credit at the moment, it's rather hard to get??
I think they are gambling with the money and fighting like heck to keep the markets from tanking....since well....if they let those markets fall, so won't all those state pensions, ira's, charity funds, ect....
then well, it will be a much darker future for them.