Wednesday, May 27, 2009

MUST READ -TARP The Greatest Swindle Ever Sold

MUST READ -TARP The Greatest Swindle Ever Sold
Excellent article about what our Government is doing to the Taxpayers

""What cannot be disputed, however, is the financial bailout's biggest loser: the American taxpayer. The US government, led by the Treasury Department, has done little, if anything, to maximize returns on its trillion-dollar, taxpayer-funded investment. So far, the bailout has favored rescued financial institutions by subsidizing their losses to the tune of $356 billion, shying away from much-needed management changes and--with the exception of the automakers--letting companies take taxpayer money without a coherent plan for how they might return to viability.""

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