It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by onequestion
reply to post by Wrabbit2000
Weather their intentions represent my beliefs or not i don't care. What i do care about is although they do not represent what the average American family wants for their children and themselves, the average American family cannot afford and is not willing to sacrifice what it takes to get what we deserve.
Offer us a better solution and i will support that. Untill then OWS it is....
The absence of a better solution doesn't make a bad one somehow better. So many have been out saying since last Fall that anything is better than nothing. Doing something is necessary.
Originally posted by onequestion
I am not advocating anarchy
Originally posted by XPLodER
reply to post by xuenchen
oh the irony,
THE BILL FOR "PROCESSING" THAT 7 TRILLION TO THE TBTF BANKS IS IN THE HUNDREDS OF MILLIONS.
you are so disingenuous trying to make out like "how dare they use their rights" look how much it cost us
really?
what about the 7 trillion given to the banks for them to get bigger?
i dont here you hating on the banks
you dont talk about the legislators of states investigating how if this money was given to state banks instead of federal banks people would not be suffering.
how about the fact that 18 states are looking at state banks, that HELP their state,
that pay devidends to the people instead of to private interests.
with 4.7 MILLION dollars of wall street prosecutions, there would be alot of the bailout money coming back.
with 30 million dollars we could thousands of investigators who prosicute wall street criminals,
NOT PROTECT THEM
i have been trying to be patient with you but you are simply either distorting facts for your own ajenda,
or need to get over your stockholm syndrome.
what has OCCUPY done?
it has educated many many many people to how the scam works,
it has inspired states to investigate "state banks" to protect people from the TBTF banks
what have you done but disinfo?
xploder
We all know about TARP, the Troubled Asset Relief Program, which spent $700 billion in taxpayers’ money to bail out banks after the financial crisis. That money was scrutinized by Congress and the media.
But it turns out that that $700 billion is just a small part of a much larger pool of money that has gone into propping up our nation’s financial system. And most of that taxpayer money hasn’t had much public scrutiny at all.
According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.
The true cost of the bank bailout
The federal government’s bailout of Wall Street may cost $23.7 trillion, according to a statement given to Congress Monday by the lead overseer of the Treasury's bailout program. Neil Barofsky, special inspector-general for the Troubled Asset Relief Program (TARP), said that the US Treasury’s bailout program was fraught with “conflicts of interest,” “collusion vulnerabilities” and deliberate obfuscation of what banks are doing with the money they received from the government. He noted that there are 35 major fraud investigations related to the bailout, and that a substantial section of banks did not use their bailout funds to make new loans.
The Treasury immediately denounced Barofsky's findings, claiming the figure of $23 trillion failed to adequately account for repayments on the government loans, which it claimed might actually earn the government money.
US bank bailout could cost $23.7 trillion
where did you get that twisted idea ?
you are so disingenuous trying to make out like "how dare they use their rights" look how much it cost us
really?
Get real ......
i have been trying to be patient with you but you are simply either distorting facts for your own ajenda,
or need to get over your stockholm syndrome.